Insurance Coverage for Retirees Sample Clauses

Insurance Coverage for Retirees. Subd. 1. The School Board agrees to provide benefits according to Article IX, Section 1, 2, and 6 including any amendments thereto and subject to Subd. 2, 3, and 4 following to principals who retire during the year in which they become 55 or any year thereafter until they have received such benefits for a period not to exceed 5 years. For principals hired effective July 1, 2018 or after, eligibility for retiree insurance includes ten (10) years of continuous service with the school district.
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Insurance Coverage for Retirees. Retirees may continue in the medical/dental group at a paid rate of up to 102% of the premium until they reach Medicare age.
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Insurance Coverage for Retirees. The provisions of this Article are only applicable to unit members employed on the June 30, 1988 payroll. A unit member, having served fifteen (15) years with the Office, shall continue to have her/his health and dental benefits paid by the Office at the same rate, fully paid or pro-rated as the unit member received before retiring if the unit member retired on or before June 30, 1993. There shall be no gap between separation from service and retirement. The unit member must separate from service (i.e. resign or otherwise conclude their employment and concurrently therewith retire and enter the State Teachers Retirement System). Such benefits will continue until the demise of the insured retiree, at which time the surviving spouse may continue with any medical insurance program at no cost to the Office by paying all premiums to the County Office of Education. If the Office’s policy is changed or discontinued, personnel on retirement status shall continue to receive the benefits granted at the time of retirement. Effective July 1, 1993, retirees who qualify under this Article are eligible to continued medical and dental coverage as hereinafter provided: The Office shall continue to pay premiums for medical and dental insurance coverages to the established cap at the time of retirement for medical and dental. Employees who qualify for such coverage and who desire such coverage, shall pay in advance all sums in excess of the Office’s contribution for the premiums, in the manner required by the Office.
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Insurance Coverage for Retirees. Subd. 1. The School District agrees to provide insurance benefits to teachers who have been employed by regular contract and performed services under that contract prior to July 1, 1986, according to Article VIII (Insurance), Section 1 (Health Insurance), 2 (Dental Insurance), 3 (Dependent Benefit Coordination), and 5 (Life Insurance), including any amendments thereto, and subject to Subd. 2, 3, 4, and 5 following to teachers who retire under the provisions of the opening paragraph of Section 2 (Plan One) of this Article. Such benefits shall commence in accordance with TRA eligibility and shall continue for 13 years for employees retiring on or after July 1, 1991. Teachers who take a Five Year Leave of Absence under Article IX (Leaves of Absence), Section 13, (Five Year Leaves of Absence) and who wish to retire while on leave will be eligible for severance pay, but time spent on the Five Year Leave of Absence will be subtracted from the teacher’s thirteen years of coverage under Article VII, Section 3, Subd. 1. Those returning from such leave who are working less than a full school year preceding retirement, will also have time spent on the Five Year Leave of absence subtracted from their thirteen years of coverage under Article VII, Section 3, Subd. 1
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Insurance Coverage for Retirees. Subd. 1. The School District agrees to provide insurance benefits to teachers who have been employed by regular contract and performed services under that contract prior to July 1, 1986, according to Article VIII (Insurance), Section 1 (Health Insurance), 2 (Dental Insurance), 3 (Dependent Benefit Coordination), and 5 (Life Insurance), including any amendments thereto, and subject to Subd. 2, 3, 4, and 5 following to teachers who retire under the provisions of the opening paragraph of Section 2 (Plan One) of this Article. Such benefits shall commence in accordance with TRA eligibility and shall continue for 13 years for employees retiring on or after July 1, 1991. Teachers who take a Five Year Leave of Absence under Article IX (Leaves of Absence), Section 13, (Five Year Leaves of Absence) and who wish to retire while on leave will be eligible for severance pay, but time spent on the Five Year Leave of Absence will be subtracted
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Insurance Coverage for Retirees. Any retired teacher of MSD of Xxxxx Township may elect to continue the District approved health insurance plan enrolled in at the time of retirement and to include family members covered at the time of retirement to the extent specified by state statute by paying the total premium.
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Insurance Coverage for Retirees. Employees who elect to retire following the age of fifty-five (55), but before turning sixty-five (65) years of age, and who have a cumulative fifteen (15) years of service with the District, may apply for a District-paid medical program, which shall be in accordance with the following conditions and limitations.
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Insurance Coverage for Retirees. (9/1/1972-1/1/2010):
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Insurance Coverage for Retirees. Effective July 1, 1989, if an employee retires and has accumulated ninety (90) unused F.W.D. sick days, the Employer will make a monthly contribution of up to Two Hundred Dollars ($200.00) to Blue Cross-Blue Shield or equivalent, for retiree health care coverage until the retiree reaches the ages of sixty-five (65). Retirees shall be responsible to the health care carrier for any health care cost above the $200.00 monthly Employer contribution.
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Related to Insurance Coverage for Retirees

  • Life Insurance Coverage a. Fifteen Thousand ($15,000) Dollars life insurance policy with AD&D from an insurance carrier selected by the Board, subject to the provisions of this section. Such insurance shall pay double in the case of accidental death or dismemberment.

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

  • Insurance Coverages The Contractor shall procure and maintain, at its sole cost and expense, in a form and content satisfactory to City, during the entire term of this Agreement including any extension thereof, the following policies of insurance which shall cover all elected and appointed officers, employees and agents of City:

  • Insurance Cover Without prejudice to the provisions contained in Clause 26.1, the Concessionaire shall, during the Operation Period, procure and maintain Insurance Cover including but not limited to the following:

  • Required Insurance Coverage As a condition of this Contract with DIR, Vendor shall provide the listed insurance coverage within 5 business days of execution of the Contract if the Vendor is awarded services which require that Vendor’s employees perform work at any Customer premises and/or use employer vehicles to conduct work on behalf of Customers. In addition, when engaged by a Customer to provide services on Customer premises, the Vendor shall, at its own expense, secure and maintain the insurance coverage specified herein, and shall provide proof of such insurance coverage to the related Customer within five (5) business days following the execution of the Purchase Order. Vendor may not begin performance under the Contract and/or a Purchase Order until such proof of insurance coverage is provided to, and approved by, DIR and the Customer. All required insurance must be issued by companies that have an A rating and a Financial Size Category Class of VII from A.M. Best, and are licensed in the State of Texas and authorized to provide the corresponding coverage. The Customer and DIR will be named as Additional Insureds on all required coverage. Required coverage must remain in effect through the term of the Contract and each Purchase Order issued to Vendor there under. The minimum acceptable insurance provisions are as follows:

  • Required Insurance Coverages The Contractor also agrees to purchase insurance and have the authorized agent state on the insurance certificate that the Contractor has purchased the following types of insurance coverages, consistent with the policies and requirements of O.C.G.A. §50-21-37. The minimum required coverages and liability limits are as follows:

  • Retiree Coverage Pre-Medicare: Employees who retire on or after January 1, 2011, will be provided the same health care benefits, including but not limited to, cost sharing, that it provides to its active employees until the retiree becomes eligible for Medicare. In the event health care benefits for active employees are eliminated in their entirety, which shall include a change to a one-hundred (100%) percent employee contributory health savings plan, the last health care benefits plan in effect for retirees preceding the elimination of the plan shall remain in effect (absent a contrary order from a Court of competent jurisdiction) until the Employer again provides a health care benefits plan to active employees. Medicare: Retirees must enroll in the Part B Medicare program commencing on the date they first become eligible to participate in the program. Retirees shall be responsible for the cost of such coverage. The Employer shall make available to those retirees who are properly enrolled in the Part B Medicare Program as above provided, a Supplemental Plan, with a $100 deductible. Such Plan will have the same Rx drug benefits the County provides its active employees. In the event Rx drug benefits for active employees are eliminated in their entirety, which shall include a change to a one-hundred (100%) percent employee contributory health savings plan, the Rx drug benefits last in effect for retirees preceding the elimination of the Rx drug benefits for active employees shall remain in effect (absent a contrary order from a Court of competent jurisdiction) until the Employer again provides Rx drug benefits to active employees.

  • Dental Coverage 206. Each employee covered by this agreement shall be eligible to participate in the City's dental program.

  • Other Insurance Coverage When another policy is in existence which provides benefits also covered by this policy, benefits will be coordinated. All claims incurred in the country of residence must be made in the first instance against the other policy. This policy shall only provide benefits when such other benefits payable under the other policy have been exhausted. Outside the country of residence, Bupa Insurance Company will function as the primary Insurer and retains the right to collect any payment from local or other insurers.

  • Life Coverage Paragraph 1: The Board shall provide a group term life coverage in the sum of $30,000 for all teachers employed half time or more. Any increases in coverage shall not be effective until the teacher reports or is able to report for work.

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