Medical-After-Retirement Sample Clauses

Medical-After-Retirement. 6.4.1 For unit members who retire from the City of Xxxxx, the City will pay, on a monthly basis after retirement, the dollar equivalent of one (1) month’s premium for the PERS Kaiser Plan (County rate in which you reside, i.e., Bay Area or Sacramento Area) for the employee plus one dependent at the rate of one (1) month’s premium for each full year worked in the employ of the City of Xxxxx prior to retirement. The total time period of these payments shall not exceed twenty four (24) months. Said payment shall be extended to the surviving spouse or dependent of a deceased retiree, to the extent that said payments would have been made had the employee not died. Thereafter, for XxxXXXX retirees enrolled in CalPERS Retiree medical, the City shall contribute the PERS Medical Unequal Contribution, as required by CalPERS.
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Medical-After-Retirement. For employees hired prior to September 1, 2007 the City shall provide a Medical-After-Retirement benefit in accordance with the Medical After Retirement Plan on file in the Human Resources Department. The City shall contribute a set percentage of salary each month, as determined and, as may be changed from time to time by an actuarial review. For employees hired on or after September 1, 2007, the City will contribute one point Five (1.5%) of the employee’s base monthly salary toward the Medical- After-Retirement Account (MARA). In the event APWEA requests all impacted employees to make a contribution of two point five percent (2.5%) of the employee’s base salary toward the Medical After Retirement Account, the City will match such contribution, making the City’s total contribution toward all impacted employees Two point Five percent (2.5%).
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Medical-After-Retirement. 1. The District shall provide a basic level of PERS Medical Insurance to Retirees at a formula prescribed by the District's resolution with PERS that will eventually equal the District's active employee's PERS medical contribution of sixteen dollars ($16.00).
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Medical-After-Retirement. The City shall provide a medical-after-retirement benefit in accordance with the Antioch Police Officers’ Association Medical-After-Retirement Reimbursement Plan as described in Appendix A.
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Medical-After-Retirement. The City shall contribute two and fifteen -hundredths percent (2.15%) of salary to the Medical-After-Retirement Plan and the employee shall qualify for the benefit in accordance with the Plan. The Plan is o n file in the Personnel Department.
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Related to Medical-After-Retirement

  • Re-employment After Retirement Employees who have reached retirement age as prescribed under the Pension (Municipal) Act and continue in the Employer's service, or are re-engaged within three (3) calendar months of retirement, shall continue at their former increment step in the pay rate structure of the classification in which they are employed, and the employee's previous anniversary date shall be maintained. All perquisites earned up to the date of retirement shall be continued or reinstated.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Post-Retirement Employment Unit members who retire from the University during the term of this Agreement may propose a post-retirement appointment of up to three years duration. During this post-retirement appointment, the total of retirement benefits and post-retirement salary paid by the University shall not exceed the salary paid at the time of retirement. The annual compensation received from the University for the post-retirement appointment shall not exceed fifty (50) percent of the annual salary at the time of retirement. The duties for a post-retirement appointment shall be defined and agreed to in writing by the bargaining unit member and the Employer/University Administration prior to the bargaining unit member's retirement. Such appointments are at the discretion of the Employer/University Administration and are subject to existing law and all rules and regulations of the State Retirement Board. The decision of the Employer/University Administration not to approve a proposal for a post-retirement appointment shall not be grievable under the Grievance and Arbitration Procedure, Article 7.

  • Non-Vested Retirement Gratuity for Teachers 1. The minimum years of service for retirement gratuity shall be defined as the lesser of the contractual minimal service requirement in the 2008-2012 collective agreement, or ten (10) years.

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • EMPLOYMENT OF RETIRED TEACHERS A. For purposes of salary schedule placement, a retired Teacher will be granted a maximum of ten (10) years’ service credit and their educational attainment. A retired Teacher may not advance beyond Level 10 on the salary schedule.

  • Deferred Retirement a. An employee who, upon separation from County service, is eligible for paid retirement and elects deferred retirement must defer participation in the Grant until such time as he or she becomes an active retiree.

  • Normal Retirement Unless Separation from Service or a Change in Control occurs before Normal Retirement Age, when the Executive attains Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.1 instead of any other benefit under this Agreement. If the Executive’s Separation from Service thereafter is a Termination with Cause or if this Agreement terminates under Article 5, no further benefits shall be paid.

  • Normal Retirement Date The date on which the Executive attains age sixty-five (65).

  • VESTED RETIREMENT GRATUITY VOLUNTARY EARLY PAYOUT a) An Employee eligible for a Sick Leave Credit retirement gratuity as per Appendix A shall have the option of receiving a payout of his/her gratuity on August 31, 2016, or on the employee’s normal retirement date.

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