Uninsured Retirees Sample Clauses

Uninsured Retirees. An uninsured employee retiring before age 65 under the Retirement Pension Plan without returning to work from layoff or leave of absence shall become insured, if he/she is then under age 65, on the first day of the month following the month in which seniority is broken because of such retirement for the same coverages he/she otherwise could have continued at the time of his/her retirement in the amount he/she had in force while last working. Such coverages shall then be continued as provided in (f) or (g) above.
AutoNDA by SimpleDocs
Uninsured Retirees. An uninsured employee retiring before age under the Retirement Pension Plan without returning to work from layoff or leave of absence shall become insured, if is then under age on the first day of the month follow- ing the month in which seniority is broken because of such retirement for the same coverages otherwise could have continued at the time of retirement in the amount had in force while last working. Such cov- erages shall then be continued as provided in or above. Termination (Excluding Retirement) Within Five of Normal Retirement If the employment of an employee terminates for any rea- son (except retirement) within five years of normal retirement date (or earlier, if is still insured within five years of normal retirement date) and has at least five years of creditable service under the Retirement Pension Plan as of the date which precedes by five years normal retirement date, may con- tinue life insurance, Survivor Income Benefits coverage and Accidental Death and Dismemberment Insurance until normal retirement date by paying the applicable contributions referred to in (I) below based on the amount of life insurance had in force while working unless terminated for total and permanent disability in which event the company will pay the cost. While a Grievance is Pending While an employee has a grievance pending to protest loss of seniority from discharge, failure to or overstaying leave under section or or has Appendix been suspended, may continue life insur- ance, Survivor Income Benefits coverage, and Accidental Death and Dismemberment Insurance after the last month for which the company has contributed by paying the applicable contributions referred to in (I) below. If is reinstated or period of suspension is reduced, the company will reimburse for premium payments that the company would have paid had remained at work. Limitations Age Contributions, if any, which an employee may make for continuing any of the insurance coverages under any of situations described in this section may not be contin- ued beyond the month in which becomes age At the end of such month, all insurance other than life insur- ance terminates and life insurance becomes subject to the provisions of section Work Elsewhere No insurance will be continued while an employee is working elsewhere except if qualifies under subsec- tion or of this section. or if is on leave of absence for political office or union business, or for any month for which the company continues coverage...

Related to Uninsured Retirees

  • Deferred Retirement a. An employee who, upon separation from County service, is eligible for paid retirement and elects deferred retirement must defer participation in the Grant until such time as he or she becomes an active retiree.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Non-Vested Retirement Gratuity for Teachers 1. The minimum years of service for retirement gratuity shall be defined as the lesser of the contractual minimal service requirement in the 2008-2012 collective agreement, or ten (10) years.

  • Beneficiary Rollovers from Employer-Sponsored Retirement Plans If you are a spouse Beneficiary, nonspouse Beneficiary, or the trustee of an eligible type of trust named as Beneficiary of a deceased employer plan participant, you may directly roll over inherited assets from a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, or 457(b) governmental deferred compensation plan to an inherited IRA. The IRA must be maintained as an inherited IRA, subject to the beneficiary distribution requirements.

  • VESTED RETIREMENT GRATUITY VOLUNTARY EARLY PAYOUT a) An Employee eligible for a Sick Leave Credit retirement gratuity as per Appendix A shall have the option of receiving a payout of his/her gratuity on August 31, 2016, or on the employee’s normal retirement date.

  • Sick Leave Credit-Based Retirement Gratuities 1) A Teacher is not eligible to receive a sick leave credit gratuity after August 31, 2012, except a sick leave credit gratuity that the Teacher had accumulated and was eligible to receive as of that day.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • INSURANCE AND RETIREMENT Each teacher shall be entitled to fringe benefits provided by this agreement and by federal regulations provided by Cobra (Consolidated Omnibus Budget Reconciliation Act of 1985). These shall include but not be limited to the following:

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

  • Pre-Retirement Counseling Leave ‌ After reaching earliest retirement age, each employee shall be granted up to three and one-half (3-1/2) days leave with pay to pursue bona fide pre-retirement counseling programs. Employees shall request the use of leave provided in this Article at least five (5) days prior to the intended date of use. Authorization for use of pre-retirement counseling leave shall not be withheld unless the Appointing Authority determines that the use of such leave will handicap the efficiency of the employee's work unit. When the dates requested for pre-retirement leave cannot be granted for the above reason, the Agency shall offer the employee a choice from three (3) other sets of dates. The leave herein discussed may be used to investigate and assemble the employee's retirement program, including PERS, Social Security, insurance and other retirement income.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!