Retirement Health Plan. Upon retirement, unit members may continue participation in the Health Plans provided the unit member prepays their portion of the premium. Procedures for payment of premiums are to be at the discretion of the District.
Retirement Health Plan. X. Xxxxxxxx, survivors of retirees and survivors of deceased employees, unless prohibited by the carrier, will be permitted to maintain the current level of health plan benefits available to employees. Retirees, survivors of retirees and survivors of deceased employees may maintain such health plan benefits at their discretion and with no cost to the City.
Retirement Health Plan. Effective July 1, 2009, the City will make available to employees a Retirement Health Savings Plan with terms and conditions agreed to by the parties. Effective July 1, 2009, the City will contribute to an individual plan one percent (1.0%) of the individual’s annual income as defined by all regular and overtime hours worked. Effective July 1, 2010, the City will contribute to an individual plan one and one-half percent (1.5%) of the individual’s annual income as defined by all regular and overtime hours worked. Effective July 1, 2011, the City will contribute to an individual plan two percent (2.0%) of the individual’s annual income as defined by all regular and overtime hours worked. Effective July 1, 2015, the City will contribute to an individual plan three percent (3%) of the individual’s annual income as defined by all regular and overtime hours worked.
Retirement Health Plan. Effective January 1, 2007, the City will make available to employees a Retirement Health Savings Plan with terms and conditions equal to those agreed upon between the City and Union representatives on the Insurance Cost Containment Committee. Effective January 1, 2007, the City will contribute to an individual plan 1% of an individual’s annual income as defined by all regular and overtime hours worked. The City’s annual contribution to the plan will increase to 1.5% effective 07/01/2009, 2.5% effective 07/01/2010 and 3.0% effective 07/01/2011.
