- LIFE INSURANCE - RETIREES. 15.1. The Employer shall pay the full cost for the purchase of term life insurance for any Employee who retires from employment with the City; after having been employed by the City for such total time so as to be qualified by such employment to receive retirement benefits from the Public Employees Retirement Association. The amount of such insurance coverage shall be $25,000.
Appears in 3 contracts
- LIFE INSURANCE - RETIREES. 15.1. 28.1 The Employer shall pay the full cost for the purchase of term life insurance for any Employee employee who retires from employment with the City; City after approval of this contract, after having been employed by the City for such total time so as to be qualified by such employment to receive retirement benefits from the Public Employees Retirement Association, the Duluth Firemen's Relief Association, or the Duluth Police Pension Association. The amount of such insurance coverage shall be $25,000.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
- LIFE INSURANCE - RETIREES. 15.120.1. The Employer shall pay the full cost for the purchase of term life insurance for any Employee who retires from employment with the City; City on or after January 1, 1983, after having been employed by the City for such total time so as to be qualified by such employment to receive retirement benefits from the Public Employees Retirement Association, the Duluth Firemen's Relief Association, or the Duluth Police Pension Association. The amount of such insurance coverage shall be $25,00050% of that provided for active Employees.
Appears in 3 contracts
Samples: duluthmn.gov, Agreement, Agreement
- LIFE INSURANCE - RETIREES. 15.1. The Employer shall pay the full cost for the purchase of term life insurance for any Employee employee who retires from employment with the City; after having been employed by the City for such total time so as to be qualified by such employment to receive retirement benefits from the Public Employees Retirement Association. The amount of such insurance coverage shall be $25,000.
Appears in 1 contract
Samples: Agreement
- LIFE INSURANCE - RETIREES. 15.131.1. The Employer shall pay the full cost for the purchase of term life insurance for any Employee who retires from employment with the City; after having been employed by the City for such total time so as to be qualified by such employment to receive retirement benefits from the Public Employees Retirement Association. The amount of such insurance coverage shall be $25,000.
Appears in 1 contract
Samples: Agreement
