Retiree Benefit Plan. The OSSTF ELHT shall deliver the active member plan design to eligible retired OSSTF represented employees (plus any supplemental benefits selected by the school board, as per paragraph ii).
Retiree Benefit Plan. The Corporation will make available an alternate benefit plan as sponsored by the current benefit carrier to include extended health, dental and life insurance coverage for any employee who meets the criteria for eligibility as outlined in the alternate benefit plan. The employee will be responsible for 100% of the benefit premiums. The employer will notify the Association of any changes to the plan as per Article 13.2 a). 13.14 (a) Effective March 31, 2020, Paramedical Services – increased to 100% of the costs, up to a combined maximum of $600 per person per speciality in a benefit year for the paramedical specialist as described in ONA 19 – Community Health Services Department Contract Number 1000261 and 150047, April 1, 2015.
Retiree Benefit Plan. Plan Overview • Eligibility: permanent full-time employee immediately accepting an OMERS pension and joining the benefits plan within 31 days of the retirement date • Life Insurance (Basic and Optional) terminates at age 65 • Health/Dental coverage terminates at the end of the month following age 65 • Premiums: 1/3 Retiree paid and 2/3 City paid (unless otherwise indicated) • The following coverage terminates upon retirement: Out of Country Travel, Health Spending Account, Personal Spending Account, Critical Illness (Employee, Spouse, Child), Spouse Life and Child Life Major Medical (80% Reimbursement) Annual Deductible $25 single; $50 family (Does not apply to Drugs and Hospital coverage) Prescription Drugs • Pay direct drug plan • 100% Generic (and single source1); 80% Other • Prior authorization • $8 dispensing fee cap • Max 5 dispensing fee reimbursements/ maintenance drug2/year Vision Care $400/24 months and exam $75/24 months (12 months for children) Hospital Semi Private (100% reimbursement) Orthopaedic Shoes & Orthotics Custom made; combined $500/year Psychologist $75/visit; $1,000/year max (Physician’s note required) Paramedical3 $40/visit combined; $1,000/year max 1 Single source drugs are Brand Name drugs that have no Generic equivalent 2 Medications prescribed for chronic, long-term conditions and are taken on a regular, recurring basis. Examples of chronic conditions that may require maintenance drugs: high blood pressure, high cholesterol, and diabetes 3 Paramedical includes Physiotherapist, Chiropractor, Podiatrist, Chiropodist, Speech Therapist, Naturopath, Massage Therapist, Audiologist, Dietician, Acupuncturist, Osteopath Dental Annual Deductible $25 single; $50 family (Does not apply to Basic) Basic Services1 80% reimbursement4 Major Services2 50% reimbursement4 Orthodontia Services3 50% reimbursement4; $2,500 calendar year max; $4,000 lifetime max. Coverage for dependent children only Fee Guide One year lag (updated January 1) 1 Basic Services include: exams, x-rays, polishing, fluoride, fillings (restorations), root canals, removals 2 Major Services include: restorations, surgical services, perio scaling, crowns, bridges, dentures 3 Orthodontia services include: orthodontic diagnostic, preventive services, and corrective services 4 Calendar Year Maximum of $4,000 combined for basic and major services Life Insurance • $10,000 • Taxable benefit; you will receive a T4A each year until coverage terminates Optional Life Insurance • 100% Ret...
Retiree Benefit Plan. Includes life insurance to age 75, health, dental and vision care to age
Retiree Benefit Plan. Includes life insurance to age 75, health and dental care to age 70. See benefit booklet for details. EXECUTED BY THE COMPANY AND THE UNION THIS DAY OF , 2005 For the Union: For Xxxxxxx Canada Limited: Xxxxxxx Xxxxx Xxxxx X. Xxxxxxx Xxxxx Xxxx Xxxxx Poyntz Xxxxxxx Xxxxxxx Xxxxxx Xxxx LETTER OF UNDERSTANDING - 1999 TO: Staff Representative United Steelworkers of America FROM: Xxxxx Xxxxxx General Manager Xxxxxxx Canada Limited This will confirm our understanding concerning the role and function of the Occupational Health and Safety Committee:
Retiree Benefit Plan. The ETFO ELHT will deliver the active member plan design to eligible retired ETFO represented employees (plus any supplemental benefits selected by the School Board, as per paragraph ii). It is not the intent of the Parties to enhance the benefits coverage of the retirees. For example, life insurance is not to exceed the existing level of coverage.
Retiree Benefit Plan. (a) Effective the Effective Date, the Retiree Benefit Plan Rules shall continue the Post Retirement Group Benefits.
