Corrections Early Retirement Incentive Sample Clauses

Corrections Early Retirement Incentive a. Any supervisor who attains the age of fifty-five (55) after the effective date and before the expiration date of the contract and who is covered by the Correctional Early Retirement Plan may opt during the pay period in which his/her fifty-fifth (55th) birthday occurs to take advantage of the early retirement incentive. Supervisors exercising this option must be eligible for insurance coverage under the provisions of this Article and shall be provided with health and dental insurance which the supervisor was entitled to at the time of retirement, subject to any changes in coverage in accordance with this or any subsequent Agreement. Supervisors eligible to receive an Employer Contribution for medical and dental coverage immediately prior to taking advantage of the early retirement incentive shall continue to receive an Employer Contribution as set forth below for themselves and their enrolled dependents until the supervisor attains the age of sixty-five (65). A supervisor who retires with no Employer Contribution for dependent coverage or who terminates dependent coverage following retirement, shall not subsequently be eligible for a contribution for dependent coverage. Receipt of early retirement insurance benefits is contingent upon completion of all the required forms and continued payment of the required premium. b. Any supervisor who attains the age of fifty (50) after the effective date and before the expiration date of the contract and who is covered by the Correctional Pre Fifty-five (55) Early Retirement Plan may opt during any pay period between that in which his/her fiftieth (50th) birthday occurs through the pay period in which his/her fifty-fifth (55th) birthday occurs, to take advantage of the pre fifty-five (55) early retirement incentive. Supervisors exercising this option must be eligible for insurance coverage under the provisions of this Article and shall be provided with health and dental insurance which the supervisor was entitled to at the time of retirement, subject to any changes in coverage in accordance with this or any subsequent Agreement. Supervisors eligible to receive an Employer Contribution for health and dental coverage immediately prior to taking advantage of the early retirement incentive shall continue to receive an Employer Contribution as set forth below for themselves and their enrolled dependents until the supervisor attains the age of sixty-five (65). A supervisor who retires with no Employer Contribution for de...

Corrections Early Retirement Incentive. In the event that a retired employee who had elected health and/or dental coverage with eligible dependents dies before attaining the age of sixty‐five (65), the enrolled dependent spouse and/or enrolled dependent child(ren) shall maintain the existing employer contribution for health and/or dental coverages until such time that the employee would have turned age 65.

Corrections Early Retirement Incentive. Please refer to Article 23, Correctional Employees Retirement Plan.

Corrections Early Retirement Incentive. Please refer to Article 22.

Corrections Early Retirement Incentive