Health Insurance at Retirement. The City agrees to allow 4 employees hired after January 1, 2010, who retire from City employment 5 pursuant to the retirement plan referred to in this Agreement to continue as a 6 participant in the hospital, medical and surgical group. The cost of the required 7 premiums shall be paid in full by the retired employee and remitted to the City in 8 accordance with such procedures as may be established by the City.
Health Insurance at Retirement. Effective July 1, 1986, the College will provide hospital/medical insurance to eligible retired employees who retire after that date, consistent with the provisions of Chapter 88, Public Law 1974.
Health Insurance at Retirement. The City agrees to allow 32 employees hired after January 1, 2010, who retire from City employment 33 pursuant to the retirement plan referred to in this Agreement to continue as a 34 participant in the hospital, medical and surgical group. The cost of the required 35 premiums shall be paid in full by the retired employee and remitted to the City in 36 accordance with such procedures as may be established by the City.
Health Insurance at Retirement. The District will provide a health insurance program for all those retirees who have completed at least 15 years of employment with the district upon retirement and those same employees who have accrued 150 sick days. For employees retiring with 15 years and 150 sick days, the district will contribute $2,500 annually toward the cost of health insurance. For employees retiring with 20 years of service and 200 accrued sick days, the district will contribute $3,000 annually toward the cost of health insurance. The lump sum payment for health insurance costs is in lieu of payment for accrued sick days per the sick day payment schedule described in Section 19.02. However, all days accrued beyond either 150 days (15 or more years of employment) or 200 days (20 or more years of employment) will be days reimbursed to the employee on the basis of the sick day payment schedule described in Section 19.02. The lump sum payment will be made until the employee’s death or until the employee qualifies for Medicare insurance, whichever occurs first. Failure of retirees to make timely payments of their share of the premium costs will result in cancellation of coverage. The accumulated sick days requirement may be waived only if a unit member’s attendance record has been exceptional and a major illness or accident has resulted in that unit member’s accumulated sick days falling below 150. A committee will be established to review requests to waive the accumulated sick leave requirement. The committee shall consist of the Superintendent of Schools or his/her designee, the President of the Association or his or her designee, and one unit member designated by the President of the Association. The committee will review the criteria described above and any determination to grant a waiver must be unanimous. Determinations made under this paragraph shall be final.
Health Insurance at Retirement. Health insurance coverage shall be continued after retirement from the Xxxxxx Central School District for members who have been employed for a minimum of ten (10) years, as a full-time employee throughout those years of service, at a rate of fifty percent (50%) for the retiree and his/her spouse for individual policies, OR, if needed due to dependent children, the District will pay fifty percent for the family coverage.
Health Insurance at Retirement. Teachers retiring after July 1, 1997 or a surviving spouse, shall be allowed to remain in the District’s health insurance plan(s) applicable to its active negotiating unit members. The retired employee or spouse shall be responsible for 100% of the premium and a 2% administrative fee for such continued coverage.
