Common use of Retiree Supplemental Medical Insurance Contribution Clause in Contracts

Retiree Supplemental Medical Insurance Contribution. Employees who retire from the City of Ontario on or after the ratification of this agreement, are actively enrolled in a CalPERS medical plan, have enrolled in the Retiree Medical Reimbursement Plan and are reflected on the monthly CalPERS medical billing shall receive a Retiree Supplemental Medical Insurance contribution of $50 per month in addition to the Health Insurance Contribution referenced in Section 6.01(A). The Retiree Supplemental Medical Insurance contribution shall increase to $55 per month, effective July 2018. The Retiree Supplemental Medical Insurance contribution shall increase to $60 per month effective July 2019. Retirees who opt out of enrollment in the City medical plan will not receive the City’s Health Insurance contribution or the Retiree Supplemental Medical Insurance contribution.

Appears in 5 contracts

Samples: Collective Bargaining Agreement, Memorandum of Understanding, Memorandum of Understanding

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!