Health and Retirement Benefits Sample Clauses

Health and Retirement Benefits. Payment in lieu of extended health care, dental, long term disability, life insurance, and RRSP (five percent) will commence following the completion of the eligibility periods and qualifying hours as required for full time Employees. If the Festival is already contributing to a benefit plan that includes the Employee, payments will not apply. If an Employee meets the eligibility requirements of the RRSP plan as outlined in Clause 14.01, and elects to join, he/she will not be eligible for the cash equivalent of the RRSP plan. If an Employee meets the eligibility requirements of the Health Benefits plan as outlined in Group Benefit Plan, Class C, and elects to join, he/she will not be eligible for the cash equivalent of the Health Benefit plan.
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Health and Retirement Benefits. .1 Medical Plans VTA will offer CalPERS medical plans effective 1/1/16. VTA will no longer contract with individual medical plans effective 12/31/15. Only those medical plans offered under the CalPERS program will be offered. It is understood that CalPERS determines which medical plans will be offered, including premiums, plan design, co-payments, co-insurance, and deductibles for each plan, if any. It is also understood that plan offerings may change from year to year. Effective 1/1/16, VTA will contribute up to $100 per month above the Kaiser Bay Area Family rate for all employees. Employees will pay the excess above the VTA contribution (Kaiser Bay Area Family rate plus $100 per month). Medical Opt Out Employees with other medical coverage may opt out of VTA offered coverage. Employees who opt out of medical coverage shall receive a reimbursement of 50% of the employer’s cost for the least expensive single medical premium under CalPERS. Verification of other coverage may be required on an annual basis. Employees married to or the registered domestic partner of another VTA employee are not eligible for reimbursement. Retiree Medical Retired employees (excluding retirees who are not eligible for retiree medical coverage) and any eligible family members may choose the appropriate health plan (based on their Medicare status). Retirees living in California Effective 1/1/16, VTA will contribute up to $100 per month above the Kaiser Bay Area Single Party Rate for CalPERS medical plans for retirees residing in California, regardless of Medicare status. Retirees will pay the excess above the VTA contribution of up to $100 per month above the Kaiser Bay Area Single Party Rate. Retirees living outside of California Effective 1/1/16, VTA will contribute up to $100 per month above the Kaiser Out of State Single Party Rate for CalPERS medical plans for retirees residing outside of California, regardless of Medicare status. Retirees will pay the excess above the VTA contribution of up to $100 per month above the Kaiser Out of State Single Party Rate. With the exception outlined below, retirees living in the U.S. or out of the U.S. are no longer eligible for a cash equivalent reimbursement and will enroll in a CalPERS medical plan where offered. Retirees who cannot enroll in any plans offered because of documented geographic location or inaccessibility shall receive the cash equivalent of the Kaiser Bay Area Single Party Rate medical plan. Eligible spousal/registered d...
Health and Retirement Benefits. The Hospital shall participate in the State Health Benefits Plan in accordance with the Plan administered by the State Health Benefits Program. Participation is subject to continuation of the program by the State Health Benefits Plan, and subject to all applicable rules and regulations. Should negotiations or legislative action change these benefits for employees during the life of this contract, the benefits for eligible members of the unit shall change accordingly. Should State Health Benefits Plan in accordance with the Plan administered by the State Health Benefits Program discontinue NJDirect 15 for University Hospital employees the parties agree to re-open the Collective Negotiations Agreement (July 1, 2018 – June 30, 2021) to negotiate this provision only.
Health and Retirement Benefits. The Executive shall be entitled to participate in all employee health and retirement benefit plans maintained by MAP, including, without limitation, any medical, dental, disability and life insurance coverage and retirement benefits maintained by MAP (“MAP Benefit Plans”), subject to any and all terms, conditions and eligibility requirements of said benefits or plans, as may be in effect from time to time.
Health and Retirement Benefits. The Hospital shall participate in the State Health Benefits Plan during the period of this Agreement in accordance with the Plan administered by the State Health Benefits Program. Participation is subject to continuation of the program by the State Health Benefits Plan, and subject to all applicable rules and regulations. Should negotiations or legislative action change these benefits for employees during the life of this contract, the benefits for eligible members of the unit shall change accordingly. Those Regular Part Time staff members that: (i) had health benefits as of May 21, 2010, (ii) were regularly scheduled to work 20 or more hours per week prior to May 21, 2010, and (iii) continue to work twenty (20) or more hours per week, shall be entitled to health benefits. However, continued benefits for these Part Time staff members is subject to the continued approval of the State Health Benefits Commission (“SHBC”). UH will no longer provide or pay for the health benefits of a Regular Part Time employee if the SHBC deems them ineligible for continued coverage for any reason.
Health and Retirement Benefits. Healthcare: The Town shall pay Seventy-five (75%) percent of the premiums for coverage in effect under the Town health and dental insurance plans for all members of the bargaining unit. Healthcare buyout: An employee that chooses to opt-out of the Towns Healthcare coverage shall receive the sum of three (3) personal days each fiscal year, to be used in the next fiscal year, in consideration. Personal days must be used during that fiscal year or shall be forfeited.
Health and Retirement Benefits. All members of the unit who are eligible for the State's health insurance pension/life insurance benefits shall be provided with these benefits on the same basis and to the same extent provided to all State staff whose contracts expired June 30, 1999. Should negotiations or legislative action change these benefits for State staff during the life of this contract, the benefits for eligible members of the unit shall change accordingly. If the State should notify the University that they will not cover part-time (less then 35 hr per week) staff members, the University will not continue such coverage.
Health and Retirement Benefits. Payment in lieu of extended health care, dental, long term disability, life insurance, and RRSP (five percent) will commence following the completion of the eligibility periods as required for full time Employees. If the Festival is already contributing to a benefit plan that includes the Employee, payments will not apply. If an Employee meets the eligibility requirements of the RRSP plan as outlined in clauses 14.01, and elects to join, he/she will not be eligible for the cash equivalent of the RRSP plan.
Health and Retirement Benefits. Section 1. Employees may participate in the Employer’s health, dental, vision, life, other insurance plans, and 401(k) retirement plan on the same terms and conditions applicable to the Employer’s non-bargaining unit employees.
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