Retiree Coverage definition

Retiree Coverage. Bargaining unit employees, who qualify, and who retire from the District shall be entitled to health and prescription insurance, dental insurance and vision insurance for themselves and their dependents. Retiring from the District means retiring into the STRS or PERS system upon severance from the District. Eligible (qualifying) employees shall have reached their fifty-fifth birthday and shall have served a minimum of ten (10) consecutive years in the District prior to retirement. The retired employee shall be required to contribute ten percent (10%) of the total cost, not to exceed $150 per year. Employees hired prior to April 1, 1985 must have served a minimum of five (5) consecutive years in the District and reached the age of fifty-five (55) in order to receive benefits under this Article. Eligible employees hired after February 1, 1989 will receive retiree health coverage to age 65. Regular, part-time employees in an employment status as of January 31, 1989 who later gain eligibility for health and welfare benefits will not be limited to retiree health coverage to age 65. Employees hired after July 1, 2005, must have served a minimum of fifteen (15) consecutive years in the District and reached the age of fifty-eight (58) to receive retiree health coverage to age 65. Effective July 1, 2008, retiree benefits are granted only to retirees and their spouse (at the time of retirement) including their dependents.
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Retiree Coverage. Bargaining unit members, who qualify, and who retire from the District shall be entitled to health and prescription insurance, dental insurance and vision insurance for themselves and their dependents based on the criteria below. Retiring from the District means retiring into the STRS or PERS system upon severance from the District. Eligible (qualifying) unit members hired after February 1, 1989 will receive retiree health coverage to age 65. Regular, part-time unit members in an employment status as of January 31, 1989 who later gain eligibility for health and welfare benefits will not be limited to retiree health coverage to age 65. Unit members hired after July 1, 2005, must have served a minimum of fifteen
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Examples of Retiree Coverage in a sentence

  • The PEBB Program determines if a dependent is eligible to enroll or continue enrollment in PEBB retiree insurance coverage as a survivor upon receipt of a completed PEBB Retiree Coverage Election Form.

  • The PEBB Program determines if a retiring employee or retiring school employee is eligible to enroll in PEBB retiree insurance coverage upon receipt of a completed PEBB Retiree Coverage Election Form.

  • You can’t have double Retiree Coverage or both Retiree Coverage and Dependent Coverage under the Plan.

  • The PEBB Program will determine if a Dependent is eligible to continue enrollment in insurance coverage as a surviving Dependent when it receives a completed Retiree Coverage Election/Change form.

  • Any Eligible Dependents You do not enroll when You enroll yourself for Retiree Coverage may be enrolled later upon first Medicare eligibility or loss of eligibility for other coverage.Dependents not enrolled in Medicare may be eligible for coverage under another plan offered by your Employer.

  • If You have Retiree Coverage under this Plan, your dependents may be eligible for Dependent Coverage under this Plan or another plan (if the dependent is not eligible for Medicare) offered by your Employer.

  • Was receiving coverage under this Plan (including Retiree Coverage) immediately before the Employer’s cessation of participation; and2.

  • Group insurance terminates at the close of the month of resignation or retirement, with the exception of Bargaining Unit members covered under Section G (Retiree Coverage).

  • Retiring employees and Dependents becoming eligible as a survivor must submit a Retiree Coverage Elections/Change form along with any other required forms to the PEBB Program to enroll in PEBB retiree insurance coverage.

  • To enroll in a PEBB medical plan, the retiree or survivor must send a Retiree Coverage Election form along with any other required forms and proof of continuous enrollment in one or more qualifying coverages to the PEBB Program.

Related to Retiree Coverage

  • Continuation Coverage means coverage under a COBRA continuation provision or a similar state program. Coverage provided by a plan that is subject to a COBRA continuation provision or similar state program, but that does not satisfy all the requirements of that provision or program, will be deemed to be continuation coverage if it allows an individual to elect to continue coverage for a period of at least 18 months. Continuation coverage does not include coverage under a conversion policy required to be offered to an individual upon exhaustion of continuation coverage, nor does it include continuation coverage under the Federal Employees Health Benefits Program.

  • Coverage or “Covering”) shall mean that the developing, making, using, offering for sale, promoting, selling or importing of a given compound, formulation or product would infringe a Valid Claim of an issued patent in the absence of a license under such Valid Claim. The determination of whether a compound, formulation or product is Covered by a particular Valid Claim shall be made on a country-by-country basis.

  • Health care coverage means any plan providing hospital, medical or surgical care coverage for

  • Retiree means any person who has begun accruing a retirement

  • Site Coverage means ratio expressed in percentage between the area covered by the ground floor of building and the area of the site;

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.

  • Health insurance coverage means benefits consisting of medical care (provided directly, through

  • COBRA Coverage means continued medical and dental coverage under the Company’s benefit plans, as determined under section 4980B of the Code.

  • Creditable coverage means, with respect to an individual, coverage of the individual provided under any of the following:

  • Claims-made coverage means an insurance contract or provision limiting

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • Period of Coverage means the Plan Year, with the following exceptions: (a) for Employees who first become eligible to participate, it shall mean the portion of the Plan Year following the date on which participation commences, as described in Section 3.1; and (b) for Employees who terminate participation, it shall mean the portion of the Plan Year prior to the date on which participation terminates, as described in Section 3.2.

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • Dental means of or relating to the teeth and the work of a dentist.

  • Asset Coverage means asset coverage, as determined in accordance with Section 18(h) of the 1940 Act, of at least 200% with respect to all outstanding senior securities of the Trust which are stock, including all Outstanding Series B Preferred Shares (or such other asset coverage as may in the future be specified in or under the 1940 Act as the minimum asset coverage for senior securities which are stock of a closed-end investment company as a condition of declaring dividends on its common stock), determined on the basis of values calculated as of a time within 48 hours (not including Saturdays, Sundays or holidays) next preceding the time of such determination.

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).

  • Insurance Cover means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

  • Extended benefits means benefits, including benefits payable to federal civilian employees and to ex-servicemen under 5 U.S.C. Chapter 85, payable to an individual under the provisions of this section for weeks of unemployment in his eligibility period.