BENEFIT WHO PAYS ELIGIBILITY BENEFITS RECEIVED RETIREMENT PLAN Sample Clauses

BENEFIT WHO PAYS ELIGIBILITY BENEFITS RECEIVED RETIREMENT PLAN. MEDICAL The College Upon completion of 10 years of benefited consecutive service and SURS minimum requirement to receive annuity submits notice of intention to retire to supervisor at least 3 months, but not more than 18 months Eligible retiree reimbursed up to $2,200for medical insurance coverage to age 65. $10,000 paid life insurance policy is also issued to retiree for up to 5 years after retirement. TUITION WAIVER Employee pays 1/2 of tuition at in-district rates, plus all fees Upon completion of 10 years of benefited consecutive service and SURS minimum requirement to receive annuity submits notice of intention to retire to supervisor at least 3 months, but not more than 18 months Retirees and their eligible dependents may take credit classes through the College, paying 1/2 of the in district rates plus all fees. The Board contribution to insurance premiums will be capped at the prior year contribution plus the prior year cost of living increase. Should the insurance premiums increase by more than the prior year cost of living increase in any given year, the Insurance Advisory Committee will meet and recommend plan design changes necessary to reduce the premium increase to the published cost of living. Should the Insurance Advisory Committee fail to make recommendations, the Board will determine the changes necessary. Benefits are subject to change – see plan documents as applicable.
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Related to BENEFIT WHO PAYS ELIGIBILITY BENEFITS RECEIVED RETIREMENT PLAN

  • Group Benefits Eligibility 7.2.1 Participation in the Plan shall be a condition of employment for all teachers commencing employment for a full school year.

  • Benefit Eligibility For purposes of the Benefit Plan entitlement, common-law and same sex relationships will apply as defined.

  • Health Benefits Eligibility a. The State System shall provide an eligible permanent full-time active employee with health benefits. The State System shall provide permanent part-time employees who are expected to be in an active pay status at least fifty (50%) of the time every pay period with health benefits.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Beneficiary Rollovers from Employer-Sponsored Retirement Plans If you are a spouse Beneficiary, nonspouse Beneficiary, or the trustee of an eligible type of trust named as Beneficiary of a deceased employer plan participant, you may directly roll over inherited assets from a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, or 457(b) governmental deferred compensation plan to an inherited IRA. The IRA must be maintained as an inherited IRA, subject to the beneficiary distribution requirements.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • Benefits Eligibility The City offers healthcare benefits to regularly appointed full-time and part-time employees and their qualified dependents. The plan is administered in compliance with all applicable federal, state, local laws, statutes and rules.

  • Dependent Care Salary Reduction Plan The Employer agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this Agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by federal tax law or regulation.

  • Eligibility for Benefits A member will not be eligible to receive Long Term Disability benefits until their Income Protection benefits have expired.

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