Retiree Medical Insurance. Each employee retiring from City service is eligible to continue coverage as a retiree through the group medical insurance plans offered through the California Public Employees’ Retirement System (CalPERS). The City shall pay the PERS statutory minimum on behalf of each retiree.
Appears in 3 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Retiree Medical Insurance. Each employee retiring from City service is eligible to continue coverage as a retiree through the group medical insurance plans offered through the California Public Employees’ Retirement System (CalPERS“PERS”). The City shall pay the PERS statutory minimum on behalf of each retiree.
Appears in 3 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Retiree Medical Insurance. Each employee retiring from City service is eligible to continue coverage as a retiree through the group medical insurance plans offered through the California Public Employees’ Retirement System (CalPERS“PERS”). The City shall pay the PERS statutory minimum on behalf of each retiree.
A. Tier 1: Retirees Hired Prior to July 1, 2012
B. Tier 2: Retirees Hired On or After July 1, 2012
Appears in 1 contract
Samples: Memorandum of Understanding