Coverage for Retirees Sample Clauses

Coverage for Retirees. When a hourly paid employee retires, the following coverage will be continued:
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Coverage for Retirees. See APPENDIX E – MEMORANDUM OF AGREEMENT FOR HEALTH INSURANCE Section 3 - Dental Benefits See APPENDIX E – MEMORANDUM OF AGREEMENT FOR DENTAL INSURANCE ARTICLE 14 RETIREMENT PLAN Employees shall be covered by the New York State Employees' Retirement System. In addition, the City will make available on a voluntary basis a deferred compensation plan. Such deferred compensation plan will be designed and administered by the City, which reserves the right to make changes in such plan upon prior notice to the Union. A deferred compensation plan will be offered as soon as administratively possible after the execution of this Agreement.
Coverage for Retirees. The District contribution for health insurance for retirees and surviving spouses shall be the same as for active employees as adjusted and set forth in Article IV. However, based on a change in insurance carrier and related benefit plans being implemented by ACWA/JPIA, the parties agree to a reopener once the benefit plan rates have been published to discuss the District’s contributions for health insurance for retirees. Any current, or, future retiree, who elects post-retirement health coverage and becomes eligible for Medicare benefits shall designate Medicare as his/her primary insurance coverage (District’s coverage will be secondary/supplemental) provided, however, retiree and survivor medical coverage in sections 12.2.1 and 12.2.2 of the Personnel Manual for employees hired on or after July 1, 2009, will terminate upon eligibility for Medicare.
Coverage for Retirees. F. Teachers who are at least 55 years of age, who have been employed 10 years in the Mojave Unified School District, who have reached the top step of the salary schedule, and who elect to retire early from employment with the District, shall be eligible for the following insurance provisions until they attain 65 years of age or until they become eligible for other health benefits (e.g., Medicare, Medi‐Cal, Retired Military Medical Benefits, or National Health Insurance, if enacted), whichever occurs first:  Full paid medical/hospitalization insurance for the retiree and eligible dependents as prescribed by the carrier.  Full paid dental insurance for the retiree and eligible dependents as prescribed by the carrier.  Full paid vision insurance for the retiree and eligible dependents as prescribed by the carrier.
Coverage for Retirees a) The District shall provide post-retirement medical insurance to employees retiring with a District contribution of 65% of the cost of the health plan selected. For those employees who retire with twenty (20) or more years of service, the District contribution shall be 70%.
Coverage for Retirees. See APPENDIX E – MEMORANDUM OF AGREEMENT FOR HEALTH INSURANCE
Coverage for Retirees. 1. Those unit members fifty-five years of age or older who qualify under the State Teachers’ Retirement System may, upon direct retirement from the Merced Union High School District, elect to remain in the group comprising active employees for the purpose of insurance for basic and major medical protection.
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Coverage for Retirees. When a hourly paid employee retires, the following coverage will be continued: Time of Retirement Employees retiring on or Life after February 1, 1984 $5,000 Employees retiring on or after February 1, 1983 but prior to February 1, 1984 $4,500 Employees retiring on or after March 24, 1982 but prior to February 1, 1983 $4,000 Employees retiring on or after May 1, 1976 but prior to March 24, 1982 $3,500 Insurance
Coverage for Retirees. Retired certificated employees not yet eligible for Medicare as of the date of retirement and their dependents are eligible to continue health coverage following the date of retirement if both of the following conditions are met:

Related to Coverage for Retirees

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Death, Disability or Retirement Subject to the provisions of Section 1 hereof, this Agreement shall terminate automatically upon the Executive's death, termination due to "Disability" (as defined below) or voluntary retirement under any of the Company's retirement plans as in effect from time to time. For purposes of this Agreement, Disability shall mean the Executive has met the conditions to qualify for long-term disability benefits under the Company's policies, as in effect immediately prior to the Effective Date.

  • Death, Retirement or Disability Executive’s employment shall terminate automatically upon Executive’s death or Retirement during the Employment Period. For purposes of this Agreement, “Retirement” shall mean normal retirement as defined in the Company’s then-current retirement plan, or if there is no such retirement plan, “Retirement” shall mean voluntary termination after age 65 with ten years of service. If the Company determines in good faith that the Disability of Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice of its intention to terminate Executive’s employment. In such event, Executive’s employment with the Company shall terminate effective on the 30th day after receipt of such written notice by Executive (the “Disability Effective Date”), provided that, within the 30 days after such receipt, Executive shall not have returned to full-time performance of Executive’s duties. For purposes of this Agreement, “Disability” shall mean a mental or physical disability as determined by the Board of Directors of the Company in accordance with standards and procedures similar to those under the Company’s employee long-term disability plan, if any. At any time that the Company does not maintain such a long-term disability plan, “Disability” shall mean the inability of Executive, as determined by the Board, to perform the essential functions of his regular duties and responsibilities, with or without reasonable accommodation, due to a medically determinable physical or mental condition which has lasted (or can reasonably be expected to last) for twelve workweeks in any twelve-month period. At the request of Executive or his personal representative, the Board’s determination that the Disability of Executive has occurred shall be certified by two physicians mutually agreed upon by Executive, or his personal representative, and the Company. Failing such independent certification (if so requested by Executive), Executive’s termination shall be deemed a termination by the Company without Cause and not a termination by reason of his Disability.

  • Life Insurance Upon Retirement 32.1 An employee who retires from the service of the Corporation subsequent to August 1, 2001, will, provided he is 55 years of age or over and has not less than 10 years' cumulative compensated service, be entitled to the sum of $8,000.00 payable to his estate upon his death.

  • 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, 2006, and January 1, 2007, the minimum employee contribution shall be five dollars ($5.00) per month.

  • Coverage Selection Prior to Retirement An employee who retires and is eligible to continue insurance coverage as a retiree may change his/her health or dental plan during the sixty (60) calendar day period immediately preceding the date of retirement. The employee may not add dependent coverage during this period. The change takes effect on the first day of the month following the date of retirement.

  • Leave for Family Illness In the case of illness of a member of an employee’s immediate family, meaning spouse, son, daughter, father, mother, or person to whom the employee is legal guardian when no one at home other than the employee can provide for the needs of the ill person, the employee may be granted, after notifying her immediate management supervisor, leave with pay up to five (5) working days per fiscal year, for the purpose of making such arrangements as are necessary to permit the employee’s return to work. The immediate management supervisor may require proof of the need for such leave as she considers necessary.

  • Termination Due to Death, Disability or Retirement In the event the Optionee’s employment with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).

  • Dental Coverage 206. Each employee covered by this agreement shall be eligible to participate in the City's dental program.

  • Normal Retirement Unless Separation from Service or a Change in Control occurs before Normal Retirement Age, when the Executive attains Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.1 instead of any other benefit under this Agreement. If the Executive’s Separation from Service thereafter is a Termination with Cause or if this Agreement terminates under Article 5, no further benefits shall be paid.

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