Retirees Benefits. A bargaining unit employee who was hired prior to September 1, 2004 and has attained age sixty (60) or greater and who has served not less than twenty (20) calendar years with the District, who takes a service or disability retirement with PERS, may choose between one of the following two options:
7.3.1 The employee shall continue to receive District contributions for health insurance until age sixty-five (65). The District's annual contribution shall be the same amount as the employee's last year of service (example: 2013-2014; $14,120 per FTE).
7.3.2 The employee may take a one-time cash benefit of $36,000 (prorated per FTE), paid out in three equal annual installments over three years. The first installment will be paid in the next payroll following the date the retirement takes effect, provided the District receives written notice of retirement at least 60 days prior to the date of retirement. The second and third installments will be paid on the payroll date immediately following the anniversary date of retirement. Option 2 is available only to employees who retire by the last day of the quarter following the quarter in which the employee turns sixty (60) years old. In the event the retiree receiving this benefit dies prior to receiving the full amount of the benefit he/she has chosen, retiree benefits as described in this article are not transferrable to employee's heirs, spouse or domestic partner as defined by the District.
Retirees Benefits. 24.01 Any bargaining unit nurse who retires before the age of sixty-five (65) and wishes to participate in the Benefit Plans as outlined in Article 18.01 (b) (Extended Health Care Plan) and 18.02 (Dental) must have been enrolled in the Plan for a minimum of five (5) years. The retired nurse(s) will provide advance payment of the benefits through a pre- authorized withdrawal process up to the age of sixty-five (65). In order to maintain participation in the Plan, the nurse must:
(a) first notify the Employer at least four (4) weeks in advance,
(b) make a two (2) month advance payment by certified cheque;
(c) arrange for pre-authorized monthly withdrawals. Pre-authorized monthly withdrawals will be taken one month in advance of the due date of the premium. The enrolment in the Plan shall terminate when:
(a) the nurse gives at least four (4) weeks written notice of their desire not to continue in the Plan; or
(b) there are two consecutive non-sufficient fund payments and no alternate payment has been arranged.
Retirees Benefits. In the event of an early retirement of an employee and who is in receipt of pension payments from the pension plans due to disability prior to the age of sixty (60) years, the Corporation shall provide the benefits under the Special Retirees Benefit Plan to age sixty-five (65), subject to Articles 14.6, 14.7, 14.8 and 14.9. Retirees Prior to January 1, 2003
Retirees Benefits. The Employer will contribute eighteen dollars and thirty-four cents ($18.34) per month per eligible active bargaining unit employee, covered under this Agreement, in the Health Plan to subsidize the self-pay costs of providing Health and Welfare benefits to eligible retirees under the Rocky Mountain UFCW Unions and Employers Health Benefit Plan (the “Retiree’s Health Plan”). Effective for employees who retire on or after October 1, 1996, the eligibility requirements for participation in Retiree’s Health Plan shall be: Employees retiring on or after October 1, 1996, must have a combined total of fifteen (15) years of service and have attained age fifty (50), or be totally disabled, at the time of his termination of employment.
Retirees Benefits. On an annual basis, retirees from Laurentian University, upon request, will be supplied with a photo-identification library card, at no cost to them, except if they require a replacement for a lost card. There will be a charge for replacement of lost cards.
Retirees Benefits. Effective upon May 1, 2019 the Employer agrees to pay eighty cents ($0.80) per hour based on all hours earned, into the Universal Workers Union Local 183 Retiree Benefit Trust Fund for the purposes of purchasing benefits for retirees. Effective May 1, 2020 the Employer agrees to pay ninety cents ($0.90) per hour based on all hours earned into said fund. Effective May 1, 2021, the Employer agrees to pay one dollar ($1.00) per hour based on all hours earned into said fund.
Retirees Benefits. The District agrees to pay the medical insurance premiums (up to CalPERS Kaiser single or otherwise required under the contract) for employees who retired on or after the respective bargaining units were certified by Unit A: Aides-Paraprofessional Unit--May 3, 1978 Unit B: Operations-Support Services--November 18, 1977 Unit C: Office-Technical Unit--November 18, 1977
7.9.1 Employees with more than nine (9) years of consecutive District service as of May 21, 1996, are entitled to the retiree benefits under this section 7.9 provided such employee has reached fifty (50) years of age and had at least ten (10) consecutive years of service with the District immediately prior to retirement.
7.9.2 Employees with less than nine (9) years of consecutive District service as of May 21, 1996, shall be entitled to the retiree benefits of this section 7.9 provided such employee has reached fifty-five (55) years of age and had at least ten (10) consecutive years of service with the District immediately prior to retirement. Employees covered by this section 7.9.2 must elect a Medicare Risk Program when they have reached sixty-five (65) years of age. The District will pay up to single Kaiser Risk or HealthNet Risk rate, whichever is higher.
7.9.3 Employees hired on or after May 21, 1996, shall be entitled to 100% of the retiree benefits of this section 7.9 provided such employee has reached sixty (60) years of age and has at least twenty (20) consecutive years of service with the District immediately prior to retirement.
7.9.4 Employees hired on or after May 21, 1996, shall be entitled to 50% of the benefits of this section 7.9 provided such employee has reached sixty (60) years of age and has at least ten (10) consecutive years of service with the District immediately prior to retirement. The benefit of this section 7.9.4 is contingent upon the retiree paying the remaining balance of the premium when due.
7.9.4.1 The term “consecutive years of service” refers to District employment in any position regardless of status as a benefited employee.
Retirees Benefits. 8.4.1 Unit members retiring July 1, 1988, or thereafter, who are at least sixty (60) years of age and have twenty (20) or more years of full-time credited service or retirees who on or after that date are at least fifty-five (55) years of age and have thirty (30) or more years of full-time credited service in the District shall have fifty percent (50%) of the group health plan premium at the employee only rate paid by the District until the retiree turns the age of 65.
8.4.2 A pro rata share of percentage payment of the group plan shall be paid for retirees who worked less than full-time during their credited years of service.
8.4.3 In order to remain eligible to receive the retiree benefits set forth in this Section, a retiree must submit payment for his/her portion of the required premium a month in advance of the premium due date for each month of coverage. Specifically, the retiree must submit payment for the next month’s retiree medical benefits premium no later than the 10th of each preceding month, e.
Retirees Benefits. The District agrees to pay up to a maximum of $1,700 annually for hospital, medical, and dental insurance premiums, until age sixty-five (65), for members of the unit who retire after attaining age fifty-five (55) and who have over ten (10) years of paid service to the West Hills Community College District. The District agrees to continue to pay the hospital, medical, and dental insurance premiums for the surviving spouse of either an employee or retiree for ninety (90) days following the end of the month in which the employee's or retiree's death occurs. The surviving spouse of such employee or retiree shall have the right to buy into the District's hospital, medical, and dental insurance programs during this ninety (90) day period and thereby continue such coverage following the ninety (90) day period at the surviving spouse's own expense. For benefits offered under an early retirement incentive, see Article 22.
Retirees Benefits. Permanent full-time employees who retire on an early Ontario Municipal Employees Retirement System (OMERS) pension, or who are receiving LTD after attaining age 55, but before attaining age 65, are subject to all the following mandatory conditions:
a) Benefits available: - Ontario Hospital Insurance Plan (and always subject to Provincial regulations). - Extended Health and Supplementary benefits - Dental - Life Insurance of two times the OMERS annual pension, rounded to the next even thousand dollars that is higher. - Accidental Death and Dismemberment of two times the OMERS annual pension, rounded to the next even thousand dollars that is higher.
b) Coverage other than OHIP, shall always be subject to the conditions prevailing between the Region and its carriers, on behalf of CUPE Local 1656.
c) Unless the Region is notified in writing to the contrary before the retiree's retirement date, the retiree will be automatically enrolled in the applicable benefits.
d) Retirees cannot elect a choice of benefits. All benefits must be taken as offered.
e) All benefits will cease effective:
i) the last day of the month in which the retiree attains age 65, or;
ii) in the case of the retiree's death:
a) re-employment of their spouse
b) re-marriage/or common law relationship entered into by their spouse c) the last day of the month in which the retiree would have attained age 65.
