Common use of RETIREE’S' INSURANCE Clause in Contracts

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. ‌ 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. 121 237.121 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. ‌ 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.