Covered Retirees definition

Covered Retirees means all former employees of TXU Electric who had retired on or before January 1, 2002.
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Covered Retirees means Former Spinco Employees who were represented by a union during their employment in the United States with Burgundy or its Subsidiaries.
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Examples of Covered Retirees in a sentence

  • Any future changes to health care benefits and prescription drug coverage provided to Covered Retirees will be negotiated with the Union in the same manner as that for active employees and future retirees.

  • Except as otherwise expressly provided in this Agreement with respect to Covered Retirees, the Company shall retain responsibility for all compensation and benefits (including, without limitation, retiree medical), for any Available Employee who retires or dies on or before the Closing Date.

  • Buyer and the Company shall share Liability for any retiree medical obligations for Transition Employees who either (i) retire in the first year after the Closing, or (ii) were eligible to retire and receive retiree medical benefits under the Company's retiree medical plan as of the Closing Date, to the same extent as for Covered Retirees.

  • Covered Retirees who retire after December 31, 2016 will be subject to the deductible provisions in effect on the date of the Covered Retiree’s retirement.

  • Effective as of the Effective Date, Electric Delivery shall assume and be responsible for and shall indemnify and hold Energy and its subsidiaries harmless from and against all Pension Costs for all Covered Retirees.

  • The HCN Option will not be offered in 2018 or any subsequent plan year for Covered Retirees and their dependents who are not Medicare eligible.

  • You, on behalf of the Group and its Covered Retirees, hereby expressly acknowledge your understanding that this Agreement constitutes a contract solely between you and Florida Blue.

  • Notwithstanding the foregoing, for Covered Retirees and their dependents who are not Medicare eligible and who retired prior to January 1, 2019, the deductible provisions for the MEP PPO Option set forth in Section VI.2.C.2(b) of this 2017 MOU shall not apply.

  • The deductible for such Covered Retirees and their eligible dependents enrolled in the MEP PPO Option shall remain as currently provided in the Verizon Managed Care Network and Medical Expense Plan for Mid-Atlantic Post-1989 Associate Retirees (“VMEP for Post-1989 Retirees”).

  • Notwithstanding the foregoing, for Covered Retirees and their dependents who are Medicare eligible, the copays for the MCN Option set forth in Section VI.2.C.1(d) of this 2017 MOU and for the MEP PPO Option set forth in Section VI.2.C.2(d) of this 2017 MOU shall not apply.