Retirement Health Insurance Benefits Sample Clauses

Retirement Health Insurance Benefits. 1. The Board previously established a Section 457 Plan for eligible employees who were employed by the Corporation during the 2003/04 school year. The Board will continue to contribute one-half of one percent (1/2%) of the eligible employee’s 2003/04 base salary to the Section 457 Plan. This contribution will be made annually on approximately December 31st. To the extent permitted by law, an eligible employee will be permitted to make contributions to the Section 457 Plan.
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Retirement Health Insurance Benefits. 1. Faculty who qualify for and retire from the state retirement system and who have at least ten
Retirement Health Insurance Benefits. A. Retiree Health Insurance: All retiree health benefits will be administered by the State of Illinois College Insurance Plan.
Retirement Health Insurance Benefits. 1. The Board will pay the amount of the Board’s contribution of a single health insurance plan, reduced by the amount of any Section 457 Plan distribution described in paragraph 3 below, toward the school’s group health insurance premiums for retiree who are eligible for retirement benefits under Article III, Section C, 4 a and b and participate in the group health insurance plan, from the date of their early retirement until such time as the retiree becomes eligible for Medicare/Medicaid or age 65, whichever is sooner, and in no event to exceed a maximum of 10 years.
Retirement Health Insurance Benefits. 1. Faculty who qualify for and retire from the state retirement system and who have at least ten (10) years of full-time service with the District are eligible to retire from the District. Retirees are eligible to participate in the District medical, dental, and vision benefit plans to the same extent that they participated in those plans when they were active employees, as provided in this article, and according to MCSIG rules.
Retirement Health Insurance Benefits. There shall be mandatory retirement at age 65. Employee who must retire at 65 will be eligible for a partial pension of 2% per year times years of service provided they have a minimum of 10 years of service.

Related to Retirement Health Insurance Benefits

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 18 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 18 months after the date of Executive’s separation from service.

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • Retiree Health Benefits 1. There is currently in effect a retiree health benefit program for retired members of LACERS under LAAC Division 4, Chapter 11. All covered employees who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits as provided by this program. The retiree health benefit available under this program is a vested benefit for all covered employees who make this contribution, including employees enrolled in LACERS Tier 3.

  • Health Benefits The method for determining the Employer bi-weekly contributions to the cost of employee health insurance programs under the Federal Employees Health Benefits Program (FEHBP) will be as follows:

  • Workplace Safety Insurance Benefits (WSIB) Top Up Benefits If the employee is in a class of employees that, on August 31, 2012, was entitled to use unused sick leave credits for the purpose of topping up benefits received under the Workplace Safety and Insurance Act, 1997;

  • Supplementary Employment Insurance Benefits (1) Birth mothers who are entitled to maternity leave and who have applied for and are in receipt of Employment Insurance benefits are eligible to receive XXXX Plan payments.

  • Health Insurance The Couple agrees that: (check one) ☐ - Each Spouse is responsible for THEIR OWN health insurance. ☐ - Health insurance IS PROVIDED by ☐ Husband ☐ Wife (“Health Insurance Paying Spouse”) to ☐ Husband ☐ Wife (“Health Insurance Receiving Spouse”). Health insurance shall include: (check all that apply) ☐ - Medical ☐ - Dental ☐ - Vision Care ☐ - Other. . To facilitate the use of such coverage for the Health Insurance Receiving Spouse, the Health Insurance Paying Spouse shall cooperate fully and in a timely manner, including, but not limited to, obtaining and providing all necessary insurance cards and claim forms, completing and submitting all necessary documents, and delivering all insurance payments.

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