Examples of Current Retiree in a sentence
Any assets transferred to a Health Benefits Account in a Qualified Transfer (and any income allocated thereto) shall only be used to pay Qualified Current Retiree Health Liabilities (whether directly or through reimbursement).
The term "Qualified Current Retiree Health Liabilities" shall have the meaning provided by Sec.
Any changes to the active employee co-payments on or after January 1, 2017, will also be implemented for the Category 5 Current Retiree and his/her eligible spouse/domestic partner and dependent children.
If a Category 5 Current Retiree moves outside the Xxxxxx Permanente service area, he/she will be required to pay that amount of the Out of Area or Out of Region retiree group rate which is in excess of the Senior Advantage Health Plan retiree group rate in effect on January 1 of each year for himself/herself and for any eligible spouse/domestic partner or eligible dependent child.
If the Category 5 Current Retiree retired under the early or disability provisions of the pension plan, he/she shall become eligible for the Xxxxxx Foundation Health Plan Senior Advantage coverage at the Employer's expense upon becoming eligible for and participating in Parts "A", "B" and “D” of Medicare.
Any assets (and any income allocable thereto) of the Retirement System transferred to the Health Benefit Fund shall be used only to pay reasonably estimated Current Retiree Health Liabilities (other than liabilities of key employees not taken into account under Section 420(e)(1)(D)) for the taxable year of the transfer.
A Current Retiree, Future Retiree (as those terms are defined in above) or other person deemed to have eligibility in the Trust in the event that eligibility is expanded as set forth herein, including without limitation by the Trust’s agreement to provide benefits for hourly retirees of Delphi, their spouses, survivors and dependents.
Are Delphi Salaried Retirees (their spouses or eligible dependents) who are receiving a Delphi pension benefit under a Delphi plan and do not otherwise qualify as a Current Retiree or Future Retiree.
The amount of excess assets transferred from the Retirement System to the Health Benefit Fund shall not exceed the amount reasonably estimated to be paid during the tax year of the transfer for "Qualified Current Retiree Health Liabilities" as defined in Code Section 420(e)(1)(A).
Upon the death of the Current Retiree, a physically or mentally dependent child who is beyond limiting age will be given the option to convert to direct pay Health Plan Coverage or continue Health Plan Coverage under provisions as specified by COBRA.