Early Retiree Benefits i) For employees retiring on a reduced or unreduced pension with a minimum of 5 years of service at a minimum age 55, employees may elect the following up to age 65:
Early Retiree Benefits. (F/T) The Employer shall contribute seventy-five percent (75%) of the premiums for an Early Retiree Benefits Plan in accordance with OMERS guidelines.
Early Retiree Benefits. An employee who has completed ten (10) years of service with the Company and who is granted an early retirement pension shall, from date of early retirement until the employee’s sixty-fifth (65th) birthday, have the following premiums paid on behalf of the employee and dependents by the Company. • Major medical insurance • Dental insurance
Early Retiree Benefits. Any bargaining unit nurse who retires early and wishes to participate in the benefit plans as outlined in article 17.01(h) will provide advance payment of the benefits as invoiced by the Employer. The Employer will notify the Union of the benefit costs to retired nurses each time the benefit costs are renegotiated by the Employer.
Early Retiree Benefits. Full-time nurses who retire early from the Corporation and have twenty-five (25) years of continuous service, are between the ages of fifty-five (55) and sixty-five (65), or meet the eligibility criteria of OMERS (e.g. the ninety (90) factor) shall be eligible for the following coverage and the nurse will pay fifty percent (50%) of the premium cost:
Early Retiree Benefits. An eligible full-time nurse will be entitled to early retiree benefits as outlined in Appendix C.
Early Retiree Benefits. The Centre will notify the Union of the benefit costs to retired nurses in April of each year.
Early Retiree Benefits. The parties agree that any enhancements to the Early Retiree Benefits will be implemented across the Region of Peel and deemed to be included in the current Collective Agreement. IN WITNESS HEREOF, each of the parties has caused this Letter to be renewed by its duly authorized representatives this day of , 20 Signed on behalf of the Regional Municipality of Peel Signed on behalf of the Union Xxxxxxx Xxxxxxx Director, Long Term Care Xxxx Xx Xxxxx President, CUPE Local 966 Xxxxxxx Xxxxx Commissioner, Health Services Xxxxx Xxxxxxx CUPE National Representative Xxxxxxx Xxxxxxx Regional Clerk Xxxx Xxxxxxxxx Bargaining Committee Member Xxxx Xxxxxxx (Acting) Manager, Employee and Labour Relations Xxx Xxxxxxxx Bargaining Committee Member Xxxxxxxx Xxxxx Bargaining Committee Member LETTER OF AGREEMENT
Early Retiree Benefits. An eligible employee will be entitled to early retiree benefits as outlined in Appendix A.
Early Retiree Benefits. The Hospital will provide to all employees who reach age 55-56 years of age who retire (including disability retirements) on or after April 1, 2012 and have not yet reached age 65 and who are in receipt of the hospital's pension plan benefits, semi-private, extended health care and dental benefits on the same basis as is provided to active employees, as long as the retiree pays the employer the full amount of the monthly premium, in advance. The retiree will provide the Hospital with preauthorized direct withdrawal information to payroll for premium payments. The Hospital will provide to all employees who reach age 57 and retire (including disability retirements) on or after April 1, 2012 and have not yet reached age 65 and who are in receipt of the hospital's pension plan benefits, semi-private, extended health care and dental benefits on the same basis as is provided to active employees, as long as the retiree pays the employer their share of the monthly premiums, in advance. The Hospital will contribute fifty percent (50%) of the billed premiums of these benefits plans. The retiree will provide the Hospital with preauthorized direct withdrawal information to payroll for premium payments.
