Retiree Medical Insurance Eligibility Sample Clauses

Retiree Medical Insurance Eligibility. The parties agree that the District shall make no contribution for post-retirement health benefits on behalf of such individuals with less than ten years of credited service with the District, and that the full District contribution for post-retirement health benefits shall be made only on behalf of individuals who have completed a minimum of fifteen (15) years of credited service with the District. Eligibility for this benefit is, in addition to the specified criteria, subject to current provision which require that the employee retire from CalPERS within one hundred and twenty (120) days of separation from the District. The parties agree that:
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Retiree Medical Insurance Eligibility. 35.3.2.1 Regular full-time employees hired into this Agreement on or before September 24, 2013 who retire between July 1, 2010, and February 7, 2017 with a service or disability pension under the applicable Plan for Hourly Employees’ Pensions, and their beneficiaries, (collectively, “Eligible Participants”) will be eligible for Retiree Medical Insurance Coverage.
Retiree Medical Insurance Eligibility. The parties agree that with respect to District employees first hired after July 1, 2014, the District shall make no contribution for postretirement health benefits on behalf of such individuals with less than ten years of credited service with the District, and that the full District contribution for postretirement health benefits shall be made only on behalf of individuals who have completed a minimum of fifteen (15) years of credited service with the District. Eligibility for this benefit is, in addition to the specified criteria, subject to current provisions which require that the employee retire from CalPERS within one hundred and twenty (120) days of separation from the District. The parties agree that:
Retiree Medical Insurance Eligibility. The parties agree that with respect to District employees first hired after January 1, 2014, the District shall make no contribution for postretirement health benefits on behalf of such individuals with less than ten years of credited service with the District, and that the full District contribution for postretirement health benefits shall be made only on behalf of individuals who have completed a minimum of fifteen
Retiree Medical Insurance Eligibility. Employees eligible for these Pre-Medicare Medical and Pre-65 Dental plans must be at least fifty-five (55) years of age with ten (10) years of service acquired after age forty-five (45). Employees must have been previously covered by medical and/or dental insurance prior to retirement. Retiree Medical InsuranceCost Sharing Eligible employees retiring before age sixty (60) will pay the full cost of the premiums for Pre-Medicare Medical, Pre-65 Dental, and post-Medicare Medical. Employees must be at least sixty (60) years of age and have ten (10) years of service acquired after age fifty (50) to be eligible for Pre-Medicare Medical and Dental benefit allowances. Employees retiring before they reach the age of sixty (60) with ten (10) years of service will not become eligible for these benefit allowances at any point in the future. Effective May 1, 2001, the Company will provide a Pre-Medicare Medical Benefit allowance equal to 50% of Medical Option 04 (subject to a Company cap of $3,200/year for Retiree only; $6,400/year for Retiree plus one (1); $8,800/year for Retiree plus two (2) or more) to be eligible employees who retire before age sixty-five (65). Effective May 1, 2001, the Company will provide a Pre-65 Dental Benefit Allowance of 50% of Dental Option 02 (subject to a Company cap of $260/year for Retiree only; $520/year for Retiree plus one (1); $780/year for Retiree plus two (2) or more) to be eligible employees who retire prior to age sixty-five (65).
Retiree Medical Insurance Eligibility 

Related to Retiree Medical Insurance Eligibility

  • Medical Insurance Upon termination of employment, the Executive shall be entitled to all COBRA continuation benefits available under the Company's group health plans to similarly situated employees. To the extent permitted under Code Section 409A, during the applicable Payout Period, the Company shall provide such COBRA continuation benefits to the Executive at the active employee rates similarly situated employees must pay for such benefits. Upon the expiration of such Payout Period, the Executive will be responsible for paying the full COBRA premiums for the remaining COBRA continuation period.

  • Retiree Medical Benefits If Executive is or would become fifty-five (55) or older and Executive's age and service equal sixty-five (65) and Executive has at least five (5) years of service with the Company within two (2) years of Change in Control, Executive is eligible for retiree medical benefits (as such are determined immediately prior to Change in Control). Executive is eligible to commence receiving such retiree medical benefits based on the terms and conditions of the applicable plans in effect immediately prior to the Change in Control.

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.

  • Long-Term Disability Insurance 250. The City, at its own cost, shall provide to employees a Long Term Disability (LTD) benefit that provides, after a one hundred and eighty (180) day elimination period, sixty percent salary (60%) (subject to integration) up to age sixty-five (65). Employees who are receiving or who are eligible to receive LTD shall be eligible to participate in the City's Catastrophic Illness Program as set forth in the ordinance governing such program.

  • Medical Coverage The Executive shall be entitled to such continuation of health care coverage as is required under, and in accordance with, applicable law or otherwise provided in accordance with the Company’s policies. The Executive shall be notified in writing of the Executive’s rights to continue such coverage after the termination of the Executive’s employment pursuant to this Section 3(d)(iv), provided that the Executive timely complies with the conditions to continue such coverage. The Executive understands and acknowledges that the Executive is responsible to make all payments required for any such continued health care coverage that the Executive may choose to receive.

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