Retiree Medical Program. “Medical Premium Subsidy” for Eligible Post-2016 Retirees Hired on or Before December 31, 2020. At age sixty-five (65) or older, or Medicare eligibility if earlier, an eligible retiree shall receive a Medical Premium Subsidy toward the monthly premium of the Xxxxxx Permanente Senior Advantage plan (KPSA plan) where the retiree resides, or as further described in the “Medical Premium Subsidy” rules below. These Xxxxxx Permanente Senior Advantage plans (KPSA) are offered to individuals in the communities we serve, and have the same premiums, deductibles, copayments and out-of- pocket maximums as the commercially available basic Senior Advantage Medicare plans in the covered location. The Medical Premium Subsidy for 2017 for a KPSA plan shall be the following for an eligible retiree who retired from a position in the applicable region: » $186 per month for a Northern California retiree; » $106 per month for a Southern California retiree; » $80 per month for a Colorado retiree; » $33 per month for a Northwest retiree; » $33 per month for a Georgia retiree; » $33 per month for a Hawaii retiree; and » $33 per month for a Mid-Atlantic retiree. Starting in 2018, the Medical Premium Subsidy for each region shall increase by 3% on January 1 of each year. The Medical Premium Subsidy for an eligible spouse or domestic partner shall be equal to the retiree’s Medical Premium Subsidy. The Medical Premium Subsidy for a spouse or eligible domestic partner will not apply until the retiree commences the Medical Premium Subsidy. If the retiree’s eligible dependent is not yet Medicare eligible when the retiree commences the Medical Premium Subsidy, the dependent coverage shall be the same as the retiree medical benefit applicable to pre-Medicare dependents of pre-2017 retirees. That pre-Medicare dependent coverage ends when the dependent becomes eligible for Medicare.
Retiree Medical Program. Notwithstanding the foregoing, Spinco shall retain all Liabilities under the Spinco Retiree Medical Program, whether incurred before, on or after the Distribution Date, with respect to qualifying MSGS Participants and Spinco Participants.
Retiree Medical Program. 1) Eligible employees hired on or before December 31, 2010 who retire from the City after January 31, 2015:
Retiree Medical Program. Upon retirement with the Company, Executive may be eligible to participate in the Medical Insurance Program for Retirees, provided you meet the requirements of the program.
Retiree Medical Program. 1. The City shall contribute to a City sponsored defined contribution retiree medical benefit plan for each employee. Effective August 26, 2014, the City contribution will be $25 per month. Commencing January 1, 2015, and continuing each year thereafter through January 1, 2019, the City contribution shall increase by an additional $10 per month, per employee in January. The defined City contribution shall be a maximum contribution of $75 per month by January 2019.
Retiree Medical Program. No member of the Company Group shall assume any Liability with respect to the Retiree Medical Program. Following the IPO, no Company Employee shall accrue any additional benefits under the Retiree Medical Program, except as contemplated in this Section 9.1. HC shall provide or cause to be provided to each Company Employee (and his or her eligible dependents) who was eligible to retire on or immediately prior to the IPO and, upon such retirement, would have satisfied the eligibility requirements for retiree coverage set forth in the Retiree Medical Program, with retiree benefits and coverage following such Company Employee’s retirement from the Company Group, with such benefits to be provided under the Retiree Medical Program, as the Retiree Medical Program may be amended from time to time following the IPO, as if such Company Employee had remained employed with HC through the applicable retirement date. In addition, HC or another member of the HC Group shall amend the Retiree Medical Program to provide that until the Company Employee’s termination of employment, Company Employees shall be given credit for service with members of the Company Group for purposes of eligibility for participation in the Retiree Medical Program. The provisions of this Section 9.1 shall not be construed to require any member of the HC Group to maintain the Retiree Medical Program or to prevent the amendment in any manner of the Retiree Medical Program. The participation by any Company Employee in the Retiree Medical Program shall be subject to such right of amendment or termination.
Retiree Medical Program a. The City shall contribute to a City sponsored defined contribution retiree medical benefit plan a City contribution of $25 per month for full time employees. For a full-time employee, this equates to a maximum of $300 per year. Employees in regular positions budgeted less than eighty (80) hours per pay period or job-shared positions, shall receive a pro-rated amount per month. Effective January 1, 2019, the defined City contribution shall increase by an additional $15. The defined City contribution shall be a maximum contribution of $100 per month by January 2019. Employees under this subsection shall be deemed to have satisfied any service eligibility requirements necessary to receive this benefit.
Retiree Medical Program
