Retirements Before Age 62 Clause Samples

Retirements Before Age 62. All Employees ------------------------------------------- (a) For retirees who retire between May 16, 1995 and December 31, 1995, prior to reaching age 62, the Company will make available until age 65 coverage under plans providing benefits equivalent to the Blue Cross & Blue Shield of Connecticut Century 2000 Plan (effective January 1, 1996, the Blue Cross & Blue Shield of Connecticut Century Preferred Plan) and the Blue Cross & Blue Shield of Connecticut Dental Plan, Option B applicable to bargaining unit employees, all at no cost to the Company. (b) For retirees who retire after December 31, 1995, prior to reaching age 62, the Company will make available until age 65 coverage under plans providing benefits equivalent to the Blue Cross & Blue Shield of Connecticut Century Preferred Plan and the Blue Cross & Blue Shield of Connecticut Dental Plan, Option B applicable to bargaining unit employees, all at no cost to the Company. (c) For retirees who retire prior to reaching age 62, the Company will make available commencing at age 65 coverage under a Medicare supplemental plan that will provide with Medicare, if available, benefits equivalent to the Blue Cross 65 High Option Health Insurance Plan and Blue Shield 65--Plan 83 Health Insurance Plan at no cost to the Company.