Retirement Health Savings (RHS) Plan. 1. During the effective term of this Agreement, the City agrees to provide pre-tax contributions for full-time Unit employees toward a Retirement Health Savings (“RHS”) Plan as described in this Section. The intent of this Plan is for the benefits paid to be available to partially defray the costs incurred by employees for health plan premiums or medical expenses after retirement from the City. The plan shall be in lieu of any other City-funded retiree medical plan.
Appears in 1 contract
Samples: search.walnut-creek.org
Retirement Health Savings (RHS) Plan. 1. A. During the effective term of this Agreementagreement, the City agrees to provide pre-tax contributions for regular, full-time Unit employees toward a Retirement Health Savings (“RHS”) Plan Plan, to be administered as described in this Sectionbelow. The intent of this Plan plan is for the benefits paid to be available to fully or partially defray the costs incurred by employees for health plan premiums or medical expenses after retirement from the City. The plan shall be in lieu of any other City-funded retiree medical plan.
Appears in 1 contract
Samples: General Employees
Retirement Health Savings (RHS) Plan. 1. During ) Through the effective term period of this Agreementagreement, the City agrees to provide pre-tax contributions for full-time Unit Professional employees toward a Retirement Health Savings (“RHS”) Plan Plan, to be administered by ICMA Retirement Corporation or its affiliates, as described in this Sectionbelow. The intent of this Plan is for the benefits paid to be available to partially defray the costs incurred by employees for health plan premiums or medical expenses after retirement from the City. The plan shall be in lieu of any other City-funded retiree medical plan.
Appears in 1 contract
Samples: Memorandum Agreement
Retirement Health Savings (RHS) Plan. 1. During the effective term of this Agreementagreement, the City agrees to provide pre-tax contributions for regular, full-time Unit employees toward a Retirement Health Savings (“RHS”) Plan Plan, to be administered as described in this Sectionbelow. The intent of this Plan plan is for the benefits paid to be available to fully or partially defray the costs incurred by employees for health plan premiums or medical expenses after retirement from the City. The plan shall be in lieu of any other City-funded retiree medical plan.
Appears in 1 contract
Samples: Walnut Creek Employees
Retirement Health Savings (RHS) Plan. 1. During ) Through the effective term period of this Agreementagreement, the City agrees to provide pre-tax contributions for full-time Unit employees toward a Retirement Health Savings (“RHS”) Plan Plan, administered by ICMA Retirement Corporation or its affiliates, as described in this Sectionbelow. The intent of this Plan is for the benefits paid to be available to partially defray the costs incurred by employees for health plan premiums or medical expenses after retirement from the City. The plan shall be in lieu of any other City-funded retiree medical plan.
Appears in 1 contract
Samples: search.walnut-creek.org