Coverage and Premium Contributions upon Reaching Medicare Eligibility Sample Clauses

Coverage and Premium Contributions upon Reaching Medicare Eligibility. At the time that the retiree reaches Medicare eligibility age, the retiree must leave the Board’s current insurance programs and enroll in Medicare. The retiree may additionally choose to enroll in the Board’s supplemental Medicare plans through the Board’s health insurance provider (or comparable available plan at that time) and pay one hundred percent (100%) of the premium for coverage under the supplemental Medicare plans. At the time that the retiree’s spouse (as set forth in Section 4a above) reaches Medicare eligibility age, the retiree’s spouse must leave the Board’s current insurance programs and enroll in Medicare. The retiree may enroll the retiree’s spouse in the Board’s supplemental Medicare plans through the Board’s health insurance provider (or comparable available plan at that time) and pay one hundred percent (100%) of the premium for coverage under the supplemental Medicare plans.
Sample 1Sample 2See All (8)
AutoNDA by SimpleDocs

Related to Coverage and Premium Contributions upon Reaching Medicare Eligibility

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • Contribution Eligibility You are eligible to make a regular contribution to your Xxxx XXX, regardless of your age, if you have compensation and your MAGI is below the maximum threshold. Your Xxxx XXX contribution is not limited by your participation in an employer-sponsored retirement plan, other than a Traditional IRA.

  • Contribution Formula Dental Coverage a. Faculty Member Coverage. For faculty member dental coverage, the Employer contributes an amount equal to the lesser of ninety percent (90%) of the faculty member premium of the State Dental Plan, or the actual faculty member premium of the dental plan chosen by the faculty member. However, for calendar years beginning January 1, 2014, and January 1, 2015, the minimum employee contribution shall be five dollars ($5.00) per month.

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Insurance Eligibility Unclassified supervisors who receive an employer contribution to health/dental insurance and whose position/appointment ends for reasons other than work performance shall remain eligible for the same employer contributions for six (6) months from the date the position/appointment ends.

  • 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.

  • Continuing Eligibility To continue health benefits, a permanent intermittent employee must be credited with a minimum of 480 paid hours in a control period or 960 paid hours in two consecutive control periods.

  • 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.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

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

Time is Money Join Law Insider Premium to draft better contracts faster.