Retiree Life Insurance definition

Retiree Life Insurance. The Company shall provide Retiree Life Insurance of for all present and future retirees the ages of and at no cost to the retiring employees. The Company shall provide Retiree Life of to take effect immediately upon attaining age at no cost to the retiring employee. Life Insurance for Dependents: Effective the day of the month following ratification, the Company shall provide Dependent Insurance at no cost to the employee on the following basis: Spouse The spouse’s Life Insurance will be reduced to upon the employee’s retirement and cancelled on his death. Each unmarried dependant child:
Retiree Life Insurance. Effective April 4, 2004, any employee who retires and is eligible for pension benefits will be given a $4,000 death benefit, provided by the Kroger Southwest Division.

Examples of Retiree Life Insurance in a sentence

  • The fiduciary net position of the Local Retiree Life Insurance Fund (LRLIF) has been determined using the flow of economic resources measurement focus and the accrual basis of accounting.

  • Local Retiree Life Insurance FundThe fiduciary net position of the Local Retiree Life Insurance Fund (LRLIF) has been determined using the flow of economic resources measurement focus and the accrual basis of accounting.

  • The Company will make Retiree Life Insurance available to eligible participants in the Northwest and Gardnerville bargaining units, subject to the provisions of this Section 7.4.

  • MetLife became the record keeper for Retiree Life Insurance beneficiary designations effective June 1, 2008.

  • All other employees are not eligible for Retiree Life Insurance Coverage.

  • Employees who are eligible for Retiree Medical Insurance Coverage in accordance with Section 7.3B, above, are also eligible for Retiree Life Insurance Coverage.

  • All employees hired by the Employer on or after October 1, 2007 shall not be eligible for Retiree Life Insurance.

  • List below the information necessary to designate how proceeds of your Retiree Life Insurance benefit should be distributed upon your death.

  • Retiree Life Insurance Plan – This plan provides basic life insurance for certified retired employees.

  • If you did not register your beneficiary information with MetLife at www.MetLife.com/MyBenefits, or by mailing the appropriate beneficiary form to the MetLife Recordkeeping Center while an active employee, you must do so upon retirement, MetLife became the record keeper for Retiree Life Insurance beneficiary designations effective June 1, 2008.

Related to Retiree Life Insurance

  • Life insurance means contracts that incorporate mortality risk, including annuity and pure endowment contracts, and as may be specified in the valuation manual.

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Credit life insurance means insurance on the life of a debtor in connection with

  • Life insurance producer means any person licensed in this state as a resident or nonresident insurance producer who has received qualification or authority for life insurance coverage or a life line of coverage pursuant to chapter 522B.

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Retiree means any person who has begun accruing a retirement

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • retirement annuity contract means a contract or scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;

  • Accidental death and dismemberment insurance or "AD&D" means basic accidental death and dismemberment (AD&D) insurance paid for by the employing agency, as well as supplemental accidental death and dismemberment insurance offered to and paid for by employees for them- selves and their dependents.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • insurance period means a contribution period or an equivalent period;

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Continuing care retirement community means a residential

  • Medicare benefit means the Medicare benefit payable within the meaning of Part II of the Health Insurance Act 1973 with respect to a professional service.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Gap medical benefits means the benefits (if any) payable in respect of medical expenses that are less than, greater than or equal to the schedule fee, provided always that the medical expenses relate to a professional service that:

  • Insurance Amount has the meaning set forth in Section 6.12(b).

  • Continuation Coverage means the temporary continuation of PEBB benefits available to enrollees under the Consolidated Omnibus Budget Reconciliation Act (COBRA), 42 U.S.C. Secs. 300bb-1 through 300bb-8, the Uniformed Services Employment and Reemployment Rights Act (USERRA), 38 U.S.C. Secs. 4301 through 4335, or the public employees benefits board's policies.

  • Additional gap medical benefits means the benefits (if any) payable in respect of medical expenses that are more than the schedule fee and which otherwise meet the requirements of the fund’s no or known gap policy, provided always that the medical expenses relate to a professional service that:

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Reimbursement insurance policy means a policy of insurance