Health Insurance Upon Retirement. Effective July 1, 2006, the City agrees to pay one hundred percent (100%) of the health and life insurance premium for the employee-only coverage category for any employee who retires or sixty percent (60%) of the total group health, accident and life insurance premium for the same coverage that an employee had at the time of retirement. To qualify, the employee must be eligible to retire, must immediately go from City of Reno employment into PERS retirement status and must receive retirement benefits under PERS. This benefit shall continue so long as the retiree remains in the City's group health insurance program and until the retiree is eligible for federal benefits under Medicare or other federal programs or reaches age sixty-five (65), whichever occurs first. It is the intent of the parties throughout this Article that if the minimum age for Medicare eligibility is raised above age sixty-five (65), and the individual retiree is affected by that change, then the age sixty-five (65) limit will not apply to that retiree. The City shall have the right to alter the plans and benefit schedules available to such retirees in accordance with changes implemented under the City's health and life insurance program for active employees. This benefit will not apply to employees hired on or after December 1, 2014. However, any City employee who is promoted/placed into the RAPG Admin represented unit after July 1, 2013, who is not eligible for a retiree medical benefit pursuant to the appropriate Collective Bargaining Agreement or Resolution adopting benefits and/or wages under which they have been employed by the City between July 1, 2013 and the date they are placed in the RAPG Admin Unit, shall not be eligible for a retiree medical benefit under this Article 12.
Health Insurance Upon Retirement. Therapists, upon retirement, will pay the portion of his/her health insurance premium in the same percentage as was paid for their plan at the date of retirement plus 65% of their dependent’s coverage. This is contingent upon twelve (12) years of continuous service with the District. Retirees with less than twelve (12) years of service and therefore ineligible for this retirement benefit may continue with the District’s group plan by paying the full premium pursuant to COBRA. (Retirement means eligible for and participating in the New York State Employees’ Retirement System.) Therapists will be eligible for individual plan at retirement which plan shall consist of the base plan in effect at the time or as may later be changed by the District.
Health Insurance Upon Retirement. Therapists, upon retirement, will pay the portion of his/her health insurance premium in the same percentage as was paid for their plan at the date of retirement, contingent upon twelve
Health Insurance Upon Retirement. Effective July 1, 2002, the City agrees to pay one hundred percent (100%) of the health and life insurance premium for the employee only coverage category for any employee who retires and who has either thirty (30) or more years of full-time continuous, regular service with the City of Reno, or twenty-five (25) or more full-time years of continuous, regular service with the City of Reno, plus up to five (5) years of additional PERS credit (for a total of thirty (30) or more years of service credit),, and eighty-five percent (85%) for twenty-five (25) or more years under the same conditions. To qualify, the employee must be eligible to retire, must immediately go from City of Reno employment into PERS retirement status and must receive retirement benefits under PERS. This benefit shall continue so long as the retiree remains in the City’s group health insurance program and until the retiree is eligible for Ffederal benefits under Medicare or other Ffederal programs or reaches age sixty-five (65), whichever occurs first. It is the intent of the parties throughout this Article that if the minimum age for Medicare eligibility is raised above age sixty-five (65), and the individual retiree is affected by that change, then the age sixty-five (65) limit will not apply to that retiree. The City shall have the right to alter the plans and benefit schedules available to such retirees in accordance with changes implemented under the City’s health and life insurance program for active employees. Effective July 1, 2002, the City agrees to pay seventy-five percent (75%) of the health and life insurance premium for the employee only coverage category for any employee who retires and who has either twenty (20) or more years of full-time continuous, regular service with the City of Reno, or fifteen (15) or more full-time years of continuous, regular service with the City of Reno, plus up to five (5) years of additional PERS credit (for a total of twenty (20) or more years of service credit). To qualify the employee must be eligible to retire, must immediately go from City of Reno employment into PERS retirement status, and must receive retirement benefits under PERS. This benefit shall continue so long as the retiree remains in the City’s group health insurance program and until the retiree is eligible for Ffederal benefits under Medicare or other Ffederal programs or reaches age sixty-five (65), whichever occurs first. The City shall have the right to alter the plans and ...
Health Insurance Upon Retirement. Police officers hired before January 1, 2017 who retire after ratification of this Agreement with a New York State service or disability pension, prior to reaching age sixty-five (65), shall have the option of participating in the Blue Cross and Blue Shield Select (POS) 201 Plan provided for in this Agreement at no cost to that retiree. Police officers hired on or after January 1, 2017 who retire after ratification of this Agreement with a New York State service or disability pension, prior to reaching age sixty-five (65), shall have the option of participating in the Blue Cross and Blue Shield Select (POS) 201 Plan provided for in this Agreement provided, however, that any such police officer shall be required to annually contribute to the cost of such coverage, upon retirement, an amount equal to the amount such officer contributed annually to the cost of said officer's health insurance in his/her first year of employment. Any officer shall have the option of participating in Blue Cross and Blue Shield Traditional Select coverage (with the Town funding an IRC 105 (h) plan for those retirees choosing traditional coverage in the annual amount of $1,500.00 for family coverage and $750.00 for single coverage [prorated for partial years]) or a Preferred Provider Organization (PPO) Plan and shall pay one hundred percent (100%) of the difference in cost between the premium for Blue Cross and Blue Shield or PPO Plan and the premium for the POS Plan. Police officers hired on or after January 1, 2017 who retire after ratification of this Agreement with a New York State service or disability pension, prior to reaching age sixty-five (65), shall have the option of participating in the Blue Cross and Blue Shield Traditional Select coverage (with the Town funding an IRC 105 (h) plan for those retirees choosing traditional coverage in the annual amount of $1,500.00 for family coverage and $750.00 for single coverage [prorated for partial years]) or a Preferred Provider Organization (PPO) Plan and shall be required to annually contribute to the cost of such coverage, upon retirement, an amount equal to the amount such officer contributed annually to the cost of said officer's health insurance in his/her first year of employment. It is understood that there will be a three (3)-tier prescription co-payment for retiree coverage under all available plans for retirees prior to age 65 years, with a $5 co-payment for generic drugs. For retirees under age sixty-five (65) years,...
Health Insurance Upon Retirement. The District will pay 100% of the premium on any policy of health insurance, dental insurance and optical insurance in force at the time of the Superintendent’s retirement from service with the Arkport Central School District.
Health Insurance Upon Retirement. 1. Unit members hired before the August 16, 2013
Health Insurance Upon Retirement. All full-time employees who retire with a New York State service or disability pension shall have the option of participating in the Village’s health insurance plan, individual coverage, at retirement. Retiree eligibility shall be based on years of full-time service with the Employer as follows:
Health Insurance Upon Retirement. Eligible Employees. An Assistant Superintendent for Instruction and Student Services who has previously received administrative tenure in the Xxx-Ton District and who submits to the Office of the Superintendent a written letter of resignation (for retirement) from her employment by the District and does in fact retire under provisions of the NYS Teachers’ Retirement System, is eligible for this program. The District’s health insurance program for retirees will be secondary to Medicare as soon as the retiree or retiree’s surviving spouse qualifies for Medicare. Continuation. When such an Assistant Superintendent for Instruction and Student Services retires, the District shall continue the Assistant Superintendent for Instruction and Student Services in the health insurance coverage plans provided pursuant to Section 10 of this Agreement and subject to the limitations set forth in Section 10 of this Agreement until the retired Assistant Superintendent for Instruction and Student Services fails to pay the premium for such coverage unless the District is required to do so pursuant to Section 10 of this Agreement.
Health Insurance Upon Retirement. Any employee recognized in Article I hired prior to January 1, 2007 who retires after twenty-five (25) years of service in the Police and Firemen Retirement System and fifteen (15) years of service with the Township of Mullica or who is granted a Disability Retirement Pension from the Police and Firemen Retirement System shall retain and enjoy all medical, optical, dental, health and prescription benefits. Such Benefits shall be continually paid by the Township.
