Common use of Eligibility Requirements for Retiree Medical Grant Clause in Contracts

Eligibility Requirements for Retiree Medical Grant. 1. Retiree must be actively retired from the County of Orange and receiving a monthly retirement allowance from the Orange County Employees Retirement System (OCERS). New employees hired on or after June 16, 2023, are not eligible for the Grant. Employees who were employed by the County on or before June 15, 2023, with 10 or more years of credited service as defined under the Retiree Medical Plan Document, shall be eligible for the Grant. Employees who are employed by the County as of June 16, 2023, with one or more full years of credited service, as defined under the Retiree Medical Plan Document, shall have the option to elect keep their Grant, if otherwise eligible under the Retiree Medical Plan Document, or have the County make a contribution to the County Health Reimbursement Arrangement (HRA) based on their full credited years of service. The County contribution to the HRA will be made as soon as administratively feasible on or after June 16, 2023. If an employee retires before June 16, 2023, the employee may only receive the Grant, if otherwise eligible under the Retiree Medical Plan Document, and will not be eligible to elect to receive the County HRA contribution. The County contribution to the HRA will be $855 for each full year of credited service, as defined under the Retiree Medical Plan Document. There will be no County contribution for partial credited years of service. Any employee who elects the Grant shall have the value of their Grant calculated based upon the credited years of service, as defined under the Retiree Medical Plan Document, up to a maximum of 25 years. Any employee whose years of credited service is greater than 25 shall receive $855 per each full year of eligible service beyond the 25-year cap contributed by the County to the HRA.

Eligibility Requirements for Retiree Medical Grant. 1. Retiree must be actively retired from the County of Orange and receiving a monthly retirement allowance from the Orange County Employees Retirement System (OCERS). New employees hired on or after June 16, 2023, are not eligible for the Grant. Employees who were employed by the County on or before June 15, 2023, with 10 or more years of credited service as defined under the Retiree Medical Plan Document, shall be eligible for the Grant. Employees who are employed by the County as of June 16, 2023, with one or more full years of credited service, as defined under the Retiree Medical Plan Document, shall have the option to elect keep their Grant, if otherwise eligible under the Retiree Medical Plan Document, or have the County make a contribution to the County Health Reimbursement Arrangement (HRA) based on their full credited years of service. The County contribution to the HRA will be made as soon as administratively feasible on or after June 16, 2023. If an employee retires before June 16, 2023, the employee may only receive the Grant, if otherwise eligible under the Retiree Medical Plan Document, and will not be eligible to elect to receive the County HRA contribution. The County contribution to the HRA will be $855 for each full year of credited service, as defined under the Retiree Medical Plan Document. There will be no County contribution for partial credited years of service. Any employee who elects the Grant shall have the value of their Grant calculated based upon the credited years of service, as defined under the Retiree Medical Plan Document, up to a maximum of 25 years. Any employee whose years of credited service is greater than 25 shall receive $855 per each full year of eligible service beyond the 25-year cap contributed by the County to the HRA.

Eligibility Requirements for Retiree Medical Grant. 1. Retiree must be actively retired from the County of Orange and receiving a monthly retirement allowance from the Orange County Employees Retirement System (OCERS). New employees hired on or after June 16, 2023, 2023 are not eligible for the Grant. Employees who were employed by the County on or before June 15, 2023, 2023 with 10 ten (10) or more years of credited service as defined under the Retiree Medical Plan Document, shall be eligible for the Grant. Employees who are were employed by the County as of June 16, 2023, 2023 with one or more full years of credited service, as defined under the Retiree Medical Plan Document, shall have been given the option to elect keep their Grant, if otherwise eligible under the Retiree Medical Plan Document, or have the County make a contribution to the County Health Reimbursement Arrangement (HRA) based on their full credited years of service. The County contribution to the HRA will be made as soon as administratively feasible on or after June 16, 2023. If an employee retires has retired before June 16, 2023, the employee may only receive the Grant, if otherwise eligible under the Retiree Medical Plan Document, and will not be eligible to elect to receive the County HRA contribution. The County contribution to the HRA will be eight hundred and fifty five dollars ($855 855) for each full year of credited service, as defined under the Retiree Medical Plan Document. There will be no County contribution for partial credited years of service. Any employee who elects the Grant shall have the value of their Grant calculated based upon the credited years of service, as defined under the Retiree Medical Plan Document, up to a maximum of 25 years. Any employee whose years of credited service is greater than 25 shall receive eight hundred and fifty five dollars ($855 855) per each full year of eligible service beyond the 25-year cap contributed by the County to the HRA.

Eligibility Requirements for Retiree Medical Grant. 1. Retiree must be actively retired from the County of Orange and receiving a monthly retirement allowance from the Orange County Employees Retirement System (OCERS). New employees hired on or after June 16, 2023, 2023 are not eligible for the Grant. Employees who were employed by the County on or before June 15, 2023, 2023 with 10 or more years of credited service as defined under the Retiree Medical Plan Document, shall be eligible for the Grant. Employees who are were employed by the County as of June 16, 2023, 2023 with one or more full years of credited service, as defined under the Retiree Medical Plan Document, shall have the been given option to elect keep their Grant, if otherwise eligible under the Retiree Medical Plan Document, or have the County make a contribution to the County Health Reimbursement Arrangement (HRA) based on their full credited years of service. The County contribution to the HRA will be made as soon as administratively feasible on or after June 16, 2023. If an employee retires has retired before June 16, 2023, the employee may only receive the Grant, if otherwise eligible under the Retiree Medical Plan Document, and will not be eligible to elect to receive the County HRA contribution. The County contribution to the HRA will be eight hundred and fifty five dollars ($855 855) for each full year of credited service, as defined under the Retiree Medical Plan Document. There will be no County contribution for partial credited years of service. Any employee who elects the Grant shall have the value of their Grant calculated based upon the credited years of service, as defined under the Retiree Medical Plan Document, up to a maximum of 25 years. Any employee whose years of credited service is greater than 25 shall receive $855 per each full year of eligible service beyond the 25twenty-year cap contributed by the County to the HRA.five

Eligibility Requirements for Retiree Medical Grant. 1. Retiree must be actively retired from the County of Orange and receiving a monthly retirement allowance from the Orange County Employees Retirement System (OCERS). New employees hired on or after June 16, 2023, 2023 are not eligible for the Grant. Employees who were employed by the County on or before June 15, 2023, 2023 with 10 or more years of credited service as defined under the Retiree Medical Plan Document, shall be eligible for the Grant. Employees who are were employed by the County as of June 16, 2023, 2023 with one or more full years of credited service, as defined under the Retiree Medical Plan Document, shall have the been given option to elect keep their Grant, if otherwise eligible under the Retiree Medical Plan Document, or have the County make a contribution to the County Health Reimbursement Arrangement (HRA) based on their full credited years of service. The County contribution to the HRA will be made as soon as administratively feasible on or after June 16, 2023. If an employee retires has retired before June 16, 2023, the employee may only receive the Grant, if otherwise eligible under the Retiree Medical Plan Document, and will not be eligible to elect to receive the County HRA contribution. The County contribution to the HRA will be eight hundred and fifty five dollars ($855 855) for each full year of credited service, as defined under the Retiree Medical Plan Document. There will be no County contribution for partial credited years of service. Any employee who elects the Grant shall have the value of their Grant calculated based upon the credited years of service, as defined under the Retiree Medical Plan Document, up to a maximum of 25 years. Any employee whose years of credited service is greater than 25 shall receive eight hundred and fifty five dollars ($855 855) per each full year of eligible service beyond the 25-year cap contributed by the County to the HRA.

Eligibility Requirements for Retiree Medical Grant. 1. Retiree must be actively retired from the County of Orange and receiving a monthly retirement allowance from the Orange County Employees Retirement System (OCERS). New employees hired on or after June 16, 2023, 2023 are not eligible for the Grant. Employees who were employed by the County on or before June 15, 2023, 2023 with 10 or more years of credited service as defined under the Retiree Medical Plan Document, shall be eligible for the Grant. Employees who are employed by the County as of June 16, 2023, 2023 with one or more full years of credited service, as defined under the Retiree Medical Plan Document, shall have the option to elect keep their Grant, if otherwise eligible under the Retiree Medical Plan Document, or have the County make a contribution to the County Health Reimbursement Arrangement (HRA) based on their full credited years of service. The County contribution to the HRA will be made as soon as administratively feasible on or after June 16, 2023. If an employee retires before June 16, 2023, the employee may only receive the Grant, if otherwise eligible under the Retiree Medical Plan Document, and will not be eligible to elect to receive the County HRA contribution. The County contribution to the HRA will be $855 for each full year of credited service, as defined under the Retiree Medical Plan Document. There will be no County contribution for partial credited years of service. Any employee who elects the Grant shall have the value of their Grant calculated based upon the credited years of service, as defined under the Retiree Medical Plan Document, up to a maximum of 25 years. Any employee whose years of credited service is greater than 25 shall receive $855 per each full year of eligible service beyond the 25-year cap contributed by the County to the HRA.