Retirement Medical Sample Clauses

Retirement Medical. A. Upon Retirement, medical coverage will be paid by the District for both the employee and dependents in accordance with Section 22810 of the Government Code which provides: “…Any annuitant, who at the time he or she became an annuitant was enrolled in a health benefits plan, may continue his or her enrollments as provided by regulations of the board, without discrimination as to premium rates or benefit coverage.”
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Retirement Medical. Dental - In the event an employee between the ages of fifty-five (55) and sixty-five
Retirement Medical. The Board of Education will make available to retired employees, their spouses (including surviving spouses of retired administrators participating in the Board’s group health plans at the time of the administrator’s death) and/or their eligible dependent children, at the retired employee’s expense (at Newtown group rates), the same group health insurance plans the Board maintains for active administrators; provided, however, that a retired administrator and/or his or her surviving spouse who is or becomes eligible for Medicare Part A shall be required to apply for and begin participating in said Medicare Part A and to obtain the group health insurance coverage available through the Connecticut Teachers’ Retirement Board (instead of through the Board of Education).
Retirement Medical. Effective January 1, 2010, the District shall provide retiree medical coverage through CalPERS. The District contribution for a retiree shall be equal to the appropriate Kaiser rate (basic premium ratesBay Area Region) for which the retiree (including the enrollment of family members) is eligible. The District shall comply with all CalPERS rules and regulations for retiree medical insurance coverage. The District shall contribute to the full cost of the VSP Choice Plan, Plan C, and the employee shall be responsible for any co-pays ($1O for exams, $20 lenses, $130 allowance towards frames) relating to the individual use of Plan C. Eligibility for retiree medical shall be in accordance with District Personnel Bulletin No. 34 Retiree Medical Policy. Effective October 1, 2011, each employee shall pay 3.75% of salary towards the District’s Other POST Employment Benefits (OPEB). The employee’s contribution shall remain the equivalent of 3.75% based on the October 1, 2011 salary schedule unless the terms of future salary increases include an additional employee contribution.
Retirement Medical. The District shall provide retiree medical coverage through CalPERS. The District contribution for a retiree shall be equal to the appropriate Xxxxxx rate (basic premium rates – Bay Area) for which the retiree (including the enrollment of family members) is eligible. The District and employee shall comply with all CalPERS rules and regulations for retiree medical insurance coverage.
Retirement Medical i. Effective as of the Destinations Distribution Date, Destinations will assume sponsorship of all ITT medical (including dental) plans and arrangements for Destinations Employees, ITT Employees and ESI Employees (except WD Stand-Alone Plans and ESI Stand-Alone Plans) (the "ITT Health Plans"). ii. ITT and ESI each will be required to establish medical plans and arrangements, respectively, for ITT Employees and ESI Employees and their eligible dependents, such plans to be in effect as of the Applicable Distribution Date. To the extent permitted under any applicable indemnity, health maintenance organization or stop-loss contracts, the newly established ITT and ESI health plans will waive waiting periods, pre-existing conditions to the extent waived or satisfied under the applicable ITT Health Plan, and credit deductible/copayments satisfied by ITT Employees and ESI Employees and their eligible dependents as of the Applicable Distribution Date. If requested by ITT or ESI, Destinations will 7 34 assist in the development of appropriate administrative procedures to be implemented in connection with ITT's and ESI's newly established medical plans and arrangements. iii. Destinations will assume liability for all eligible claims and expenses incurred prior to the respective required establishment dates set forth in Section 7.a.ii. hereof by Destinations Individuals, ITT Individuals and their respective eligible dependents under the ITT Health Plans provided that such claims are timely filed in accordance with the terms of the ITT Health Plans. Destinations will assume or retain responsibility for continuation health coverage under ITT Health Plans under ERISA Section 601 et. seq. with respect to ITT Former Employees and their dependents. ITT shall retain responsibility for such continuation coverage with respect to dependents of ITT Employees. iv. ESI will be responsible for all claims and expenses under the ITT Health Plans incurred by ESI Individuals whether prior to or on or following the ESI Distribution Date. ESI shall assume responsibility for continuation coverage under ERISA Section 601 et. seq. with respect to ESI Individuals. As soon as possible after the ESI Distribution Date, Destinations will settle up with ESI with respect to claims incurred prior to the ESI Distribution Date in the manner normally used in connection with such settlements with respect to ITT and ESI. For administrative purposes, the end of the month preceding the ESI Distribution Da...

Related to Retirement Medical

  • Retirement Retirement" shall mean voluntary termination by the Executive in accordance with the Employers' retirement policies, including early retirement, generally applicable to their salaried employees.

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Supplemental Executive Retirement Plan The Executive shall participate in the Company's Unfunded Pension Plan for Selected Executives (the "SERP").

  • Retiree Medical Benefits If Executive is or would become fifty-five (55) or older and Executive's age and service equal sixty-five (65) and Executive has at least five (5) years of service with the Company within two (2) years of Change in Control, Executive is eligible for retiree medical benefits (as such are determined immediately prior to Change in Control). Executive is eligible to commence receiving such retiree medical benefits based on the terms and conditions of the applicable plans in effect immediately prior to the Change in Control.

  • Retiree Medical UTC shall, or shall cause a member of the UTC Group to, assume and retain, and no member of the Carrier Group or Otis Group shall assume or retain any Liabilities with respect to (i) the UTC subsidized retiree medical coverage with respect to each Employee and Former Employee who qualifies for coverage as of December 31, 2019, and (ii) access only retiree medical coverage with respect to Former Group Employees.

  • Retirement and Welfare Benefits During the Term, the Executive shall be eligible to participate in the Company’s health, life insurance, long-term disability, retirement and welfare benefit plans, and programs available to similarly-situated employees of the Company, pursuant to their respective terms and conditions. Nothing in this Agreement shall preclude the Company or any Affiliate (as defined below) of the Company from terminating or amending any employee benefit plan or program from time to time after the Effective Date.

  • Retirement, Welfare and Fringe Benefits During the Period of Employment, the Executive shall be entitled to participate in all employee pension and welfare benefit plans and programs, and fringe benefit plans and programs, made available by the Company to the Company’s employees generally, in accordance with the eligibility and participation provisions of such plans and as such plans or programs may be in effect from time to time.

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