Retirees Health Insurance Sample Clauses

Retirees Health Insurance. The Employer will provide health care insurance for full-time employees who retire under the Employer's retirement plan on January 1, 1989 or thereafter, in accordance with the following: (a) Employees who retire on or after January 1, 2016, who have a minimum of twenty- five (25) years of service, or employees who receive a duty disability retirement on or after January 1, 2016, shall receive, at the Employer’s expense, the lowest single subscriber health insurance currently available to bargaining unit members up to a maximum of three hundred fifty dollars ($350) per month (provided, however, that a voluntary plan under Section 10.1(c) will not be considered in determining the “lowest single subscriber health insurance” program unless the retiree elects that plan). Effective January 1, 2019 the maximum amount will be increased to four hundred dollars ($400) for those who retire on or after that date. Annually, during open enrollment, or upon the occurrence of a qualifying event, retirees may opt in or out of an Employer offered plan, but the retiree must elect an employer plan to receive the subsidy. When the retiree is eligible for Medicare, the Employer shall provide to the retiree Medicare supplement insurance at an amount not to exceed the lowest single subscriber rate available under the Employer’s insurance programs, not to exceed the applicable maximum amount above. Retirees may, at their own expense, be allowed to pay the difference between the premium amount paid by the Employer and the premium amount for any other Employer provided insurance plan selected by the retiree. Effective January 1, 2006, retirees shall be eligible to purchase vision insurance subject to the carrier’s rules. Effective January 1, 2016, retirees shall be eligible to purchase dental insurance at their cost from a third party insurance carrier, subject to the carrier’s rules. Retirees and their dependents age sixty-five (65) or over who elect to participate in a County plan must elect the County Medicare supplement health and prescription plans, except that a retiree age sixty- five (65) or over who has two or more covered dependents under age 65 may elect the County Family Health plan for the retiree and dependents. (b) Employees who retire on or after the effective date of this Agreement, with less than twenty-five (25) years of continuous service at the time of retirement (other than employees who receive duty disability retirement) shall have a monthly pro-rata health ...
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Retirees Health Insurance. Employees represented by SEIU who retire from the Marin County EmployeesRetirement Association (MCERA) within 120 days of leaving their City of San Xxxxxx position (and who comply with the appropriate retirement provisions under the MCERA laws and regulations) are eligible to continue in the City’s retiree group health insurance program offered through PEMHCA. The City’s contribution towards retiree coverage shall be the PEMHCA minimum contribution as determined by CalPERS on an annual basis. a. Employees hired on or before January 1, 2010 b. Employees hired on or after January 1, 2010, and who meet the eligibility requirements for retiree health insurance, are eligible to continue in the City’s group health insurance program. The City’s maximum contribution towards retiree coverage under this subsection, 4.2.5b, shall be the PEMHCA minimum contribution as determined by CalPERS on an annual basis. The City shall not be responsible for making any contributions towards the cost of coverage of the retiree’s spouse, registered domestic partner, or dependents upon the employee’s retirement from the City in excess of the PEMHCA minimum contribution as required by CalPERS. The City shall additionally make available a retiree health care trust to enable these employees to prefund retiree health care premiums while employed by the City. The retiree health care trust shall be funded by annual conversion of 50 hours of sick time in service on July 1 of each year, provided an employee has a remaining balance of 75 hours of sick leave after the conversion.
Retirees Health Insurance. Employees represented by WCE who retire from the Marin County EmployeesRetirement Association (MCERA) within 120 days of leaving their City of San Xxxxxx position (and who comply with the appropriate retirement provisions under the MCERA laws and regulations) are eligible to continue in the City’s retiree group health insurance program offered through PEMHCA. The City’s contribution towards retiree coverage shall be the PEMHCA minimum contribution as determined by CalPERS on an annual basis. a. Employees hired on or before January 1, 2010 - The City shall make a retiree health insurance payment on behalf of employees hired before January 1, 2010 and who retire from the City of San Xxxxxx as described in this Section. The City’s total payment, which includes the PEMHCA minimum contribution, shall not exceed $752 per month. The City’s retiree health contribution shall continue for the lifetime of the retiree and retiree’s spouse, in accordance with PEMHCA eligibility provisions for coverage. b. Employees hired on or after January 1, 2010 and who meet the eligibility requirements for retiree health insurance are eligible to continue in the City’s group health insurance program. The City’s maximum contribution towards retiree coverage under this subsection,
Retirees Health Insurance. Employees represented by the Association who retire from the Marin County Retirement System, subject to Marin County Employee Retirement Association procedures and regulations and applicable 1937 Act laws that govern such plans, are eligible to continue in the City’s retiree group health insurance program offered through PEMHCA. The City’s contribution towards retiree coverage shall be the PEMHCA minimum contribution as determined by CalPERS on an annual basis. A. Employees hired by the City before January 1, 2010 B. Employees hired by the City on or after January 1, 2010 and who meet the eligibility requirements for retiree health insurance are eligible to continue in the City’s group health insurance program. The City’s maximum contribution towards retiree coverage under this subsection shall be the PEMHCA minimum contribution as determined by CalPERS on an annual basis. The City shall not be responsible for making any contributions towards the cost of coverage of the retiree’s spouse, registered domestic partner, or dependents upon the employee’s retirement from the City.
Retirees Health Insurance. 1. The State agrees to assume upon retirement the full cost of the Health Benefits coverage for State employees and their dependents including the cost of charges under Part B of the Federal Medicare Program for eligible employees and their spouses, but not including survivors, for employees who accrue twenty-five (25) years of pension credit service, as provided under the State plan, by July 1, 1997, and those employees who retire for disability on the basis of fewer years of pension credit in the State plan. 2. Employees who are barred from participation in the Traditional Plan will not be eligible to select Traditional Plan upon retirement. Retirees will not be offered a plan for which they were ineligible as active employees. 3. Co-payments for retirees participating in the Traditional Plan and NJ Plus will increase July 1, 2004 to $6.00 for generic prescription drugs, $13.00 for preferred, and $26.00 for other brand prescription drugs. The mail order co-payments for retirees for a 90-day supply will increase to $6.00 for generic, $19.00 for preferred and $32.00 for other brands.
Retirees Health Insurance. (also see Amendment-Appendix C) In lieu of any payout for accumulated sick leave, the Employer will provide health care insurance for employees who retire under the Employer’s retirement plan on July 1, 2000, or thereafter, in accordance with the following: (a) Employees who retire on or after July 1, 2015, who have a minimum of twenty-five
Retirees Health Insurance. Employees represented by AFSCME / Local 1 who retire from the Marin County EmployeesRetirement Association (MCERA) within 120 days of leaving their City of San Xxxxxx position (and who comply with the appropriate retirement provisions under the MCERA laws and regulations) are eligible to continue in the City’s retiree group health insurance program offered through PEMHCA. The City’s contribution towards retiree coverage shall be the PEMHCA minimum contribution as determined by CalPERS on an annual basis. a. Employees hired on or before January 1, 2010. The City shall make a monthly retiree health insurance payment into a Retiree Healthcare Reimbursement Trust (Retiree HRA Trust) on behalf of employees hired before January 1, 2010 and who retire from the City of San Xxxxxx as described in this Section. The City’s total payment, which includes the PEMHCA minimum contribution, shall not exceed $659 per month. The City’s retiree health contribution shall continue for the lifetime of the retiree and retiree’s spouse, in accordance with PEMHCA eligibility provisions for coverage. Employees receive the pro-rated amount based on their status at the time of retirement. For example: if an employee works parttime and retires while working part-time, then the employee receives a pro-rated contribution based on the employee’s parttime status at the point of retirement. b. Employees hired on or after January 1, 2010 and who meet the eligibility requirements for retiree health insurance are eligible to continue in the City’s group health insurance program. The City’s maximum contribution towards retiree coverage under this subsection 4.2.2.b, shall be the PEMHCA minimum contribution as determined by CalPERS on an annual basis. The City shall not be responsible for making any contributions towards the cost of coverage of the retiree’s spouse, registered domestic partner, or dependents upon the employee’s retirement from the City in excess of the PEMHCA minimum contribution as required by CalPERS. The City shall additionally make available a retiree health care trust to enable these employees (hired on or after January 1, 2010) to prefund retiree health care premiums while employed by the City. The retiree health care trust shall be funded by annual conversion of 50 hours of sick time in service on July 1 of each year, provided an employee has a remaining balance of 125 hours of sick leave time after the conversions.
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Retirees Health Insurance. Employees represented by the Association who retire from the Marin County EmployeesRetirement Association (MCERA) within 120 days of leaving their City of San Xxxxxx position (and who comply with the appropriate retirement provisions under the MCERA laws and regulations) are eligible to continue in the City’s retiree group health insurance program offered through PEMHCA. The City’s contribution towards retiree coverage shall be the PEMHCA minimum contribution as determined by CalPERS on an annual basis.
Retirees Health Insurance. A. Until January 1, 2006, the Employer shall provide future retirees, their spouse and dependent children with Blue Cross/Blue Shield Trust 15, Plus 15, MVF-1, Master Medical Option 5, XX Xxxxx, and $5.00 MAC, APDBP drug prescription rider, or equivalent or better coverage. Should the retiree move out of the Trust 15, Plus 15 (PPO) coverage area, the above outlined insurance will convert to traditional Blue Cross/Blue Shield with MVF-1, Master Medical Option 5, XX Xxxxx, and $5.00 MAC, APDBP drug prescription rider. Notwithstanding the language above, with respect to employees retiring effective January 1, 2006 or thereafter, the Employer will provide such retirees, their spouse and dependent children with prescription drug coverage only through the Kroger Preferred 10/20/30 Plan, Blue Care Network – MCARE Transition or equivalent coverage and Care Choices HMO coverage with a premium cost as close to the cost of Blue Care Network – MCARE Transition as possible. To the extent possible consistent with this objective, the Care Choices HMO coverage shall have terms as close as possible to those of the Blue Care Network – MCARE Transition. The Employer shall pay the full cost of the Blue Care Network – MCARE Transition and Care Choices HMO coverage. In addition, one type of Blue Cross/Blue Shield Community Blue PPO insurance coverage shall be made available. Employees opting to take coverage under this policy shall pay the difference between the premium cost of Blue Care Network – MCARE Transition and the Blue Cross Community Blue PPO coverage. Should the retiree move out of the coverage areas of insurance provided to the retiree, the Employer will provide the retiree with Blue Cross/Blue Shield insurance coverage which is most comparable to the coverage provided by Blue Care Network – MCARE Transition. The Employer will pay 100% of the group rate for this coverage for employees who retire from the Employer with twenty-five (25) years of service. The Employer will pay 50% of the group rate for this coverage for employees who retire from the Employer with more than ten (10) years of service and who have attained age fifty-five (55). When the retiree reaches full Medicare eligibility, the Employer will assume the full cost of the Complimentary Medicare Two Plus One coverage. The Employer has the right to select or change carriers for retirees, their spouse and dependant children after discussion with the Union, provided that the coverage is equivalent to or bette...
Retirees Health Insurance. 1. The State agrees to assume the full cost of the New Jersey Plus and HMO’s coverage for employees and their dependents including the cost of charges under Part B of the Federal Medicare Program for eligible employees and their spouses, but not including survivors, for employees who accrue twenty-five (25) years of pension credit service, as provided under the State Health Benefits Plan, by July 1, 1997, and those employees who retire for disability on the basis of fewer years of pension credit in the State Health Benefits Plan. The State agrees to assume part of the cost of the Traditional Plan for employees and their dependents, as above and as provided under the State Heal Benefits Plan. 2. Employees who are barred from participation in the Traditional Plan will not be eligible to select Traditional Plan upon retirement. Retirees will not be offered a plan for which they were ineligible as active employees. 3. Co-payments for retirees participating in the Traditional Plan and NJ Plus will increase July 1, 2004 to $6.00 for generic prescription drugs, $13.00 for preferred, and $26.00 for other brand prescription drugs. The mail order co-payments for retirees for a 90-day supply will increase to $6.00 for generic, $19.00 for preferred and $32.00 for other brands.
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