Retirement Coverage. Upon retirement, employees may, subject to plan requirements, remain in the same District group medical and dental plan if immediately before their retirement they are currently enrolled in one of the District sponsored CalPERS Health Plans or dental plans or if on authorized leave of absence without pay, they have retained continuous coverage during the leave period.
Retirement Coverage. Upon retirement, employees may, subject to plan requirements, remain in the same County group medical plan if immediately before their retirement they are currently enrolled in one of the County sponsored CalPERS Health Plans or if on authorized leave of absence without pay, they have retained continuous coverage during the leave period.
1. Government Code section 22892 applies to all employees who were hired on or before January 1, 2007, and to all employees who are hired on or after October 1, 2011.
2. For employees hired between January 2, 2007 and September 30, 2011, inclusive, Government Code section 22892 does not apply, and the following provisions apply instead:
a. As soon as practical the County will modify its agreement with the CalPERS Health Benefit Program to incorporate the provisions of Government Code Section 22893 for employees who are hired on or after January 2, 2007, but before October 1, 2011.
Retirement Coverage. Those teachers leaving the employment of the School Corporation because of retirement may remain a part of the group plan (which includes letters A, B, and C of Section 1 of this Article) by paying the full premium for such coverage. When Retired Teachers become eligible for Medicare, they are no longer eligible to remain in the EACS Group Health Insurance Plan. A retired teacher may also remain part of the group life insurance program until age 65 by paying the full premium. At age 65, the group life insurance program may be converted to an individual policy in accordance with the carrier’s conversion policy.
Retirement Coverage. The District agrees to maintain contributions for programs provided in Sections 12.1, 12.2.2, and 12.2.3 of this Article on the same basis as provided active employees in the bargaining unit for those persons who retire according to the following:
12.6.1 Employees between the ages of 50 and 54 after twenty (20) years of service to the District, or from the ages of 55 through 61 after fifteen (15) years of service to the District, or from ages 62 to 65 after ten (10) years of service to the District may retire, with the District providing the health and welfare benefits for employees to age 65, and eligible dependent(s) which they would have had if employed with the District.
12.6.2 Employees who retire are eligible at age 65 or over to participate in a District medical plan. The employee must have been a participating member of the plan prior to termination of district- paid benefits.
12.6.3 In the event that classified bargaining unit employees who retire under this program, or any other early retirement program, become ineligible to participate in the district-adopted health and welfare programs for any reason other than residency, the district shall have no further obligations under this early retirement program, and all benefits shall terminate immediately. If the reason for ineligibility is the residency of the participant, the district shall continue to contribute the same dollar amount as set forth in 12.6 above on behalf of the retiree, provided the conditions below are satisfied.
1. It shall be the responsibility of the bargaining unit employee to:
a. Secure and enroll in a plan that provides for appropriate coverage for the retiree and any eligible dependents
b. Pay the premiums for the plans elected directly to the insurer
c. Provide the district with timely proof of payment at such time and in such a manner as required by the district
2. In the event the early retiree satisfies all of the conditions set forth in 1. a, b, and c above, the District shall reimburse the retiree for payments made to the insurer in an amount not to exceed the contribution set forth in 12.1, 12.2.2, and 12.2.3 above upon receipt of satisfactory information that the premium has been paid by the early retiree to the insurer or the early retiree enrolls in a District plan that provides out-of-area coverage.
Retirement Coverage. The Board shall provide for continuance of health-care insurance after retirement on the terms detailed in the master policies and contract, provided that the carrier allows provision for such continuance and the retiree agrees to pay the premiums involved.
Retirement Coverage. Upon retirement, employees may remain in the same County group medical plan if immediately before their retirement they are either active subscribers to one of the County Health Plans or if on authorized leave of absence without pay they have retained their membership by either continuing to pay their monthly premium to the County by the deadlines established by the County or converting to individual conversion membership from the County plan through the medical plan carrier, if available.
Retirement Coverage. An employee who retires shall have the right to retain the City's life insurance coverage in the amount of $4,000. The cost of such coverage shall be deducted from the retiree's pension check.
Retirement Coverage. Upon retirement, employees may, subject to plan requirements, remain in the same County group medical plan if immediately before their retirement they are either active subscribers to one of the County Health Plans or if on authorized leave of absence without pay, they have retained individual conversion membership from the County plan. Pursuant to CalPERS regulations, employees enrolled in the CalPERS alternative plan (CCHP) at the time of retirement are permanently precluded from enrolling in any other CalPERS or County health plan.
Retirement Coverage. The Employer shall provide health insurance premiums for a retired employee and dependents for the life of this Agreement, pursuant to the following conditions:
a. Employees hired by January 1, 2014, shall have attained a minimum age of 50 years. Employees hired after January 1, 204, shall have attained a minimum age of 55 years.
b. Employees hired by January 1, 2014, shall have provided a minimum of ten (10) years of continuous service in the Xxxxx Unified School District. Employees hired after January 1, 2014, shall have provided a minimum of fifteen (15) years of continuous service in the Xxxxx Unified School District. Employees shall have been in full time status (as defined in Paragraph 1) for a minimum of seven (7) years prior to retirement in order to be eligible for retiree benefits.
c. For employees that retire prior to June 30, 2015 the amount the District will contribute towards retiree medical premiums shall be capped annually at $15,000.00.
d. For employees hired prior to January 1, 2014 that retire after June 30, 2015, the amount the District will contribute towards retiree medical premiums shall be capped annually at $12,000.00.
e. For employees hired after January 1, 2014 the amount the District will contribute towards retiree medical premiums shall be capped annually at $8,400.00.
f. The employee shall be included in the program to a maximum of five (5) years, or when eligible for Medicare, whichever comes first. Coverage past the maximum shall be available at employee expense.
g. The employee shall apply for MediCare when eligible.
h. The surviving spouse of a retired employee shall be entitled to any unused benefits under Section “f” above, with the same restrictions.
i. In the event national health care reform efforts presently underway result in a nation-wide program which would have an impact on retirees covered under this program, the Association agrees to meet and negotiate paragraph 4 of Article III B in this agreement.
Retirement Coverage. An employee who retires or his/her spouse as long as the spouse receives pension payments, shall be allowed to retain the City's hospitalization coverage, provided that the cost of such coverage shall be deducted from the pension check.
