Common use of Hospitalization for Retirees Clause in Contracts

Hospitalization for Retirees. For employees hired prior to January 1, 2014, if the employee has ten (10) years or more service with the County and retires at age sixty (60) or if an employee has fifteen (15) or more years of service with the county and retires at age fifty-five (55), the County will pay its percentage of hospitalization coverage for the employee and covered spouse from such retirement date to age sixty-five (65) and its percentage of the Medicare/Medicaid supplement for the employee and covered spouse from age sixty-five (65) to age seventy (70). For employees hired after December 31, 2013, if the employee has fifteen (15) years or more service with the County and retires at age fifty-five (55) or older, the County will pay its percentage of hospitalization coverage for the employee and covered spouse from such retirement date to age sixty-five (65) and its percentage of the Medicare/Medicaid supplement for the employee and covered spouse from age sixty-five (65) to age seventy (70). Employees retiring after January 1, 2007 shall retire with the insurance plan in place and their percentage co-pay under the cap provisions in Section 12.0 at the time of their retirement. However, should a retired employee have the availability and provided hospitalization plan by a subsequent employer, or if such retired employee shall have the availability and provided hospitalization plan by his or her spouse's employer, this coverage shall not be effective. The retired employee shall sign a certification form, provided by the County, every six (6) months regarding the availability of another health plan. Any active unit member who is eligible, but chooses not to participate in the medical/ hospitalization insurance package, who shows proof of insurance from another source, and who signs a waiver from the Employer, shall receive a Fifteen Hundred Dollars ($1,500.00) annual contribution, pro rata, to the County's qualified deferred compensation plan or directly to the employee as taxable compensation. An employee who subsequently loses medical/ hospitalization coverage from another source shall have the right to obtain medical/ hospitalization coverage from the Employer as provided in this Agreement at the earliest date possible after written notice to the Personnel Director. Said employee shall be entitled to a pro rata contribution to the County's qualified deferred compensation plan to date the employee becomes covered by the Employers medical/hospitalization plan. An employee may waive health insurance only if he/she has health insurance coverage from another source and signs a waiver from the Employer.

Appears in 2 contracts

Samples: Agreement, Agreement

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Hospitalization for Retirees. For employees hired prior to January 1, 2014, if If the employee has ten (10) years or more service with the County and retires at age sixty (60) or if an employee has fifteen (15) or more years of service with the county and retires at age fifty-five (55), the County will pay its percentage of hospitalization coverage for the employee and covered spouse from such retirement date to age sixty-five (65) and its percentage of the Medicare/Medicaid supplement for the employee and covered spouse from age sixty-five (65) to age seventy (70). For employees hired after December 31, 2013, if the employee has fifteen (15) years or more service with the County and retires at age fifty-five (55) or older, the County will pay its percentage of hospitalization coverage for the employee and covered spouse from such retirement date to age sixty-five (65) and its percentage of the Medicare/Medicaid supplement for the employee and covered spouse from age sixty-five (65) to age seventy (70). Employees retiring after January 1, 2007 shall retire with the insurance plan in place and their percentage co-pay under this section and under the cap provisions in Section 12.0 at the time of their retirement. However, should a retired employee have the availability and provided hospitalization plan by a subsequent employer, or if such retired employee shall have the availability and provided hospitalization plan by his or her spouse's employer, this coverage shall not be effective. The retired employee shall sign a certification form, provided by the County, every six (6) months regarding the availability of another health plan. Employees shall have the following co-pay on the health insurance premium: Years of Seniority Co-Pay 1-10 10.0% 11 9.5% 12 9.0% 13 8.5% 14 8.0% 15 7.5% 16 7.0% 17 6.5% 18 6.0% 19 5.5% 20 and above 5.0% The co-pay on the health insurance premium shall be paid through payroll deductions and all employees shall be required to sign the appropriate payroll deduction authorization forms. Any active unit member who is eligible, but chooses not to participate in the medical/ hospitalization insurance package, who shows proof of insurance from another source, and who signs a waiver from the Employer, shall receive a Fifteen Hundred Dollars Two Thousand Dollar ($1,500.002,000.00) annual contribution, pro rata, to the County's qualified deferred compensation plan or directly to the employee as taxable compensation. An employee who subsequently loses medical/ hospitalization coverage from another source shall have the right to obtain medical/ hospitalization coverage from the Employer as provided in this Agreement at the earliest date possible after written notice to the Personnel Director. Said employee shall be entitled to a pro rata contribution to the County's qualified deferred compensation plan to date the employee becomes covered by the Employers medical/hospitalization plan. An employee may waive health insurance only if he/she has health insurance coverage from another source and signs a waiver from the Employer.

Appears in 1 contract

Samples: Agreement

Hospitalization for Retirees. For employees hired prior to January 1, 2014, if If the employee has ten (10) years or more service with the County and retires at age sixty (60) or if an employee has fifteen (15) or more years of service with the county and retires at age fifty-five (55), the County will pay its percentage of hospitalization coverage for the employee and covered spouse from such retirement date to age sixty-five (65) and its percentage of the Medicare/Medicaid supplement for the employee and covered spouse from age sixty-five (65) to age seventy (70). For employees hired after December 31, 2013, if the employee has fifteen (15) years or more service with the County and retires at age fifty-five (55) or older, the County will pay its percentage of hospitalization coverage for the employee and covered spouse from such retirement date to age sixty-five (65) and its percentage of the Medicare/Medicaid supplement for the employee and covered spouse from age sixty-five (65) to age seventy (70). Employees retiring after January 1, 2007 2016 shall retire with the insurance plan in place and their percentage co-pay under the cap set annually by the State of Michigan under Public Act 152 of 2011 provisions in Section 12.0 at the time of their retirement. However, should a retired employee have the availability and provided hospitalization plan by a subsequent employer, or if such retired employee shall have the availability and provided hospitalization plan by his or her spouse's employer, this coverage shall not be effective. The retired employee shall sign a certification form, provided by the County, every six (6) months regarding the availability of another health plan. Retiree health insurance will not be available for any employee hired after January 1, 2016. The co-pay on the health insurance premium shall be paid through payroll deductions and all employees shall be required to sign the appropriate payroll deduction authorization forms. Any active unit member who is eligible, but chooses not to participate in the medical/ hospitalization insurance package, who shows proof of insurance from another source, and who signs a waiver from the Employer, shall receive a Fifteen Hundred Dollars Two Thousand Dollar ($1,500.002,000.00) annual contribution, pro rata, to the County's qualified deferred compensation plan or directly to the employee as taxable compensation. An employee who subsequently loses medical/ hospitalization coverage from another source shall have the right to obtain medical/ hospitalization coverage from the Employer as provided in this Agreement at the earliest date possible after written notice to the Personnel Director. Said employee shall be entitled to a pro rata contribution to the County's qualified deferred compensation plan to date the employee becomes covered by the Employers medical/hospitalization plan. An employee may waive health insurance only if he/she has health insurance coverage from another source and signs a waiver from the Employer.

Appears in 1 contract

Samples: Agreement

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Hospitalization for Retirees. For employees hired prior to January 1, 2014, if If the employee has ten (10) years or more service with the County and retires at age sixty (60) or if an employee has fifteen (15) or more years of service with the county and retires at age fifty-five (55), the County will pay its percentage of hospitalization coverage for the employee and covered spouse from such retirement date to age sixty-five (65) and its percentage of the Medicare/Medicaid supplement for the employee and covered spouse from age sixty-five (65) to age seventy (70). For employees hired after December 31, 2013, if the employee has fifteen (15) years or more service with the County and retires at age fifty-five (55) or older, the County will pay its percentage of hospitalization coverage for the employee and covered spouse from such retirement date to age sixty-five (65) and its percentage of the Medicare/Medicaid supplement for the employee and covered spouse from age sixty-five (65) to age seventy (70). Employees retiring after January 1, 2007 shall retire with the insurance plan in place and their percentage co-pay under the cap provisions in Section 12.0 at the time of their retirement. However, should a retired employee have the availability and provided hospitalization plan by a subsequent employer, or if such retired employee shall have the availability and provided hospitalization plan by his or her spouse's employer, this coverage shall not be effective. The retired employee shall sign a certification form, provided by the County, every six (6) months regarding the availability of another health plan. Any active unit member who is eligible, but chooses not to participate in the medical/ hospitalization insurance package, who shows proof of insurance from another source, and who signs a waiver from the Employer, shall receive a Fifteen Hundred Dollars ($1,500.00) annual contribution, pro rata, to the County's qualified deferred compensation plan or directly to the employee as taxable compensation. An employee who subsequently loses medical/ hospitalization coverage from another source shall have the right to obtain medical/ hospitalization coverage from the Employer as provided in this Agreement at the earliest date possible after written notice to the Personnel Director. Said employee shall be entitled to a pro rata contribution to the County's qualified deferred compensation plan to date the employee becomes covered by the Employers medical/hospitalization plan. An employee may waive health insurance only if he/she has health insurance coverage from another source and signs a waiver from the Employer.

Appears in 1 contract

Samples: Agreement

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