RETIREE’S' INSURANCE. Employees retiring or on disability retirement shall be allowed to purchase the hospitalization/medical program at the active group rate for current employees by paying in advance the full applicable monthly premium for employee coverage and, if desired, for dependent coverage until eligible for Medicare (or until the date the employee would be eligible for Medicare if covered by the Medicare program).
RETIREE’S' INSURANCE. Retiree’s may stay on the local health insurance plan until age sixty-five (65).
RETIREE’S' INSURANCE.
A. Upon retirement, all employees hired on or before July 1, 1987 and who have worked ten (10) full, continuous years prior to age seventy (70), shall be eligible for County-paid health insurance and may transfer from the active group to the retired group, provided such employees are eligible for and receiving PERS benefits.
B. Upon retirement, all employees hired between July 1, 1987 and July 1, 1993 and who have worked twenty (20) full, continuous years prior to age seventy (70) shall be eligible for County-paid health insurance and may transfer from the active group to the retired group, provided such employees are eligible for and receiving PERS benefits.
C. To qualify for Public Safety voluntary retirement, employees must be defined as Police Officers under ORS 237. 121 and. ORS 237.610, and be at least fifty (50) years of age. Other employees must be fifty-five (55) years of age or older or receiving benefits under the COUNTY long-term disability program regardless of age.
D. It is understood that annual adjustments, if any, to health insurance benefits of retired employees will be determined in the sole discretion of the COUNTY and may or may not equal those of bargaining unit members.
RETIREE’S' INSURANCE. Permission for retirees to continue as part of group fringe benefits program at the expense of retirees until age 65 as permitted by insurance companies’ regulations.
RETIREE’S' INSURANCE. 1. The Board of Education will contribute $50.00 per month for the TRS major medical health coverage for a maximum of three years or attaining age 65, whichever occurs first, for those teachers electing the retirement program in Section L. between the ages of 55-65. Such payment will be in a lump sum and shall be due and payable as severance after the teacher's retirement and after the teacher's receipt of his/her final paycheck for regular earnings. This incentive is provided in exchange for the teacher's election to retire under that program and not for any services the teacher has or will perform for the District.
2. A teacher will be considered to be 55 years of age under this Section, if considered to be 55 at the time of retirement under TRS rules.
RETIREE’S' INSURANCE. 1. Effective July 1, 1986, an employee retiring from the District shall be eligible to purchase existing prescription and/or the dental insurance at the applicable group rate(s) for a period of five (5) years after the effective date of retirement.
a) The employee must elect to exercise such an option immediately upon retirement.
b) An employee who elects to be so covered may give up such coverage by giving the Board one (1) month's written notice of such a decision prior to July 1.
3. Failure to elect such coverage initially under 2.a. above shall constitute a complete waiver of the applicable insurance for the remainder of the five (5) year period. Subsequent cessation of coverage under 2.b. above constitutes a waiver of the applicable insurance for the remainder of the five (5) year period.
4. The Board shall inform the retiree of the applicable rate(s) in writing. The retiree shall forward to the Board payment for such insurance(s) prior to July 1 each year. Failure to advance such payment shall constitute a complete waiver of the applicable insurance(s) for the remainder of the five (5) year period.
5. If, during the term of this Agreement, any other unit negotiates a health insurance over and above those listed above, the Board shall permit unit employees to buy into such benefits using procedures promulgated by the Board. Any administrator hired after July 1, 1996, shall not be eligible for this provision.
6. Effective on the date of ratification of the 2005-2008 Agreement, the provisions of E. 1. through 5. above shall expire for each affected unit member when their five year buy-in period under the terms of 4. above is completed.
RETIREE’S' INSURANCE. Retired employees, at their option, may pay their premiums at the appropriate group rate. (Medicare supplement for those over age sixty-five [65]). For those employees who qualify and retire under the provisions of the Michigan School Employees Retirement System (MPSERS), the Board will continue to provide health insurance protection until such time as the individual becomes eligible for health care under the provisions of the Michigan Public Schools Employees Retirement System.
RETIREE’S' INSURANCE. (1) A retired Fire Fighter under the age of 65. A retired Fire Fighter under the age of 65 shall be entitled to participate in the group insurance coverage pursuant to Article 23 of the Agreement. For purposes of Section (2) of this Article 24, “a retired Fire Fighter” is limited to mean only a Fire Fighter,
(a) Who is a retiree and participating in such coverage on January 1, 1994; or
(b) Who retires on or after January 1, 1994.
(c) Who has not yet reached the age of 65
(d) Who does not qualify for Medicare A retired Fire Fighter must elect to participate in such coverage within the first thirty (30) calendar days after the date of his or her retirement; a retired Fire Fighter who fails to so elect within said time period thereby forfeits any right to participate in such coverage.
(2) In order to continue to participate in the health insurance program, retirees shall be a member in good standing with the UNION, or in the alternative, shall pay a service charge to Union in an amount equal to Union dues of retiree. If a retired Fire Fighter elects to participate in such coverage in accordance with this Article 24, the Retiree shall have the option of choosing Plan A, Plan B or Plan C unless Plan C is discontinued by the City under Article 23, section 1. The City shall pay the full amount of the cost of the health insurance less the Retiree’s contribution for single, employee plus 1 or family coverage payable on a monthly basis as follows: Retiree Under Age 65 Monthly Contribution Plan A Plan B Plan C Single $ 48.05 $ 59.69 $ 86.39 EE+1 $ 96.09 $ 119.39 $ 172.?? Family $ 144.14 $ 179.08 $ 259.16 The Retiree’s portion of the monthly premium shall be due and payable to the City on a monthly basis. The retiree may elect to change plans prior to the start of each plan year during the enrollment period limited by the above restrictions. If a retired Fire Fighter elects not to participate in such coverage in accordance with this Article 24, he shall continue to pay a premium designated by the City towards the cost of such coverage.
(3) In the event a Fire Fighter shall die while a retiree of the Muncie Fire Department, his/her spouse and/or their child/children shall receive said insurance at the rate of a retired Fire Fighter. In the event the spouse should remarry, or decline insurance coverage within 90 (NINETY) calendar days of the death, then they would no longer qualify for said insurance. In the event the dependent child/children should marry, no longer be ...
RETIREE’S' INSURANCE. The Employer shall provide single subscriber health insurance for future retirees (after January 1, 1991) who meet the following requirements:
A. Have ten (10) years of accumulated full-time service with Newaygo County government or ten (10) years of accumulated full-time service with a Newaygo County agency, or ten (10) full-time years or more combination thereof,
B. The maximum payment for which the Employer may be liable is One Hundred Dollars ($100) per month for premium costs;
C. Are fifty-five (55) years of age or older, to age sixty-five (65) only;
D. Are retired from Newaygo County governmental service; and
E. In the event that the retiree has coverage available through their spouse, another Employer or elsewhere, the Employer shall not be obligated to provide coverage while the other coverage is available.
RETIREE’S' INSURANCE. 1. Effective July 1, 1986, an employee retiring from the District shall be eligible to purchase existing prescription and/or the dental insurance at the applicable group rate(s) for a period of five (5) years after the effective date of retirement.
