RETIREMENT LIFE INSURANCE. $15,000 term life coverage for employees enrolled in the life insurance program at the time of retirement, who retire at age 55 or older, qualify for unreduced PERF, and have been employed with MCCSC for ten or more continuous years will receive life insurance under the group plan until the employee's death conditioned upon the payment of one dollar ($1) per year by January 30th.
RETIREMENT LIFE INSURANCE. Employees who, at the time of their normal retirement, have twenty (20) years of continuous service with the Company, will retain the following coverage under Group Insurance Plan:
(a) $4,000 Life Insurance.
(b) Semi-Private Hospital Coverage.
(c) Prescription Drug Benefit.
RETIREMENT LIFE INSURANCE. 8-4-1 Employees who retire on and after September 1, 1995, will not receive any District payment toward life insurance premiums after retirement. Teachers who retire may convert their District group life insurance plan to an employee-paid individual life insurance policy.
RETIREMENT LIFE INSURANCE. $15,000 term life coverage for employees enrolled in the life insurance program that retire at age 55 or older and qualify for unreduced PERF benefits, paid under the group plan until the employee's death conditioned upon the payment of $1 per year by January 30th. Distribution of Form Step II - Director of Building Operations Step III - Superintendent Step IV - Arbitration BUILDING ASSIGNMENT NAME OF XXXXXXXX DATE FILED
X. Xxxxxxxx(s) involved:
B. Specific facts giving rise to grievance:
C. Section or Provisions of Agreement violated:
D. Specific relief requested:
RETIREMENT LIFE INSURANCE. The Company agrees to provide a paid-up policy $4,500 to those retiring within the limits of the Pension Plan.
RETIREMENT LIFE INSURANCE. The Board will provide or will self-insure for a three thousand ($3,000) dollar paid-up term-life insurance policy after an Administrator has retired. Administrator may elect to receive one thousand ($1,000) dollars cash in lieu of the policy.
RETIREMENT LIFE INSURANCE. Retirees who are at least 60 years old with 10 years or more of service, or who have completed 25 years of service and attained the age of 55 immediately preceding retirement, will be provided with a $5,000 term life insurance policy. Effective November 1, 2006, all new hires to the unit will not be eligible for any retirement life insurance benefit from the County.
RETIREMENT LIFE INSURANCE. Employees retiring on or after May 5, 1999, will be provided a paid-up life insurance policy in the amount of four thousand dollars ($4,000.00) with the entire cost to be borne by the Company. Subject to the conditions outlined under the Moratorium Period:
RETIREMENT LIFE INSURANCE. (Right to Purchase) 12 Article 18 Health Reimbursement Arrangement (HRA) 13
RETIREMENT LIFE INSURANCE. (a) Paragraph (b) of the letter agreement on page 92 of the 1997 Labor Contract, dated May 16, 1997, from Mr. Albert N. Henricksen to Mr. Gary J. Brooks, shall be xxxxxxx xx xxxxx employees xxx xxxxxxx xxxxxxn May 16, 1997 and December 31, 1998, inclusive.
(b) The Company will provide fully paid life insurance in the amount of $14,000 for current full time employees who retire on or after January 1, 1999, who at the time of retirement are eligible for a subsidized medical benefit in accordance with the UI Retiree Medical Cost Share Table, attached hereto as Appendix II, and who at the time of retirement are members of the Group Life Insurance Plan.