Common use of Retiree Benefit Program Clause in Contracts

Retiree Benefit Program. (a) The Employer agrees to pay the following for the employee who is an eligible retiree of the City of Ottawa: (i) One hundred percent (100%) of the cost of the monthly premium of the Retiree Benefit Program provided the employee retires with an unreduced pension; or (ii) Seventy-five percent (75%) of the cost of the monthly premium of the Retiree Benefit Program provided the employee retires with an actuarially reduced pension. (b) Employees with 10 years or more of service with the City of Ottawa or former municipalities are eligible for the Retiree Benefit Program. (c) Coverage continues until the end of the month in which the retiree attains age 65. (d) The retiree benefit program provides the following coverage: (i) Hospital: Semi-private room and board covered at 100% (ii) A drug benefit card with a benefit percentage of ninety percent (90%) on drugs available only by prescription, subject to a deductible of two dollars ($2) per item and a seven dollar ($7) maximum dispensing fee per item. (iii) Private duty nursing services in your home covered at 90% to a maximum of $25,000 per person in any calendar year. (iv) Hearing aids covered at 90% to a maximum of $500 per person in any 5 consecutive calendar years. (v) Professional Services: covered at 90% to a maximum of $500 per person per calendar year, for physiotherapist, massage therapist, speech therapist, psychologist, naturopath, podiatrist, osteopath, chiropractor, chiropodist and acupuncturist. (vi) Vision Care: Prescription glasses or elective contact lenses, as well as repairs, or elective laser vision correction procedures, covered at 100% up to $200 in any two calendar years. Details of the coverage are outlined in the Retiree Benefit Program booklet available through the City of Ottawa.

Retiree Benefit Program. (a) The Employer agrees to pay the following for the employee who is an eligible retiree of the City of Ottawa: (i) One hundred percent (100%) of the cost of the monthly premium of the Retiree Benefit Program provided the employee retires with an unreduced pension; or (ii) Seventy-five percent (75%) of the cost of the monthly premium of the Retiree Benefit Program provided the employee retires with an actuarially reduced pension. (b) Employees with 10 years or more of service with the City of Ottawa or former municipalities are eligible for the Retiree Benefit Program. (c) Coverage continues until the end of the month in which the retiree attains age 65. (d) The retiree benefit program provides the following coverage: (i) Hospital: Semi-private room and board covered at 100% (ii) A drug benefit card with a benefit percentage of ninety percent (90%) on drugs available only by prescription, subject to a deductible of two dollars ($2) per item and a seven dollar ($7) maximum dispensing fee per item. (iii) Private duty nursing services in your home covered at 90% to a maximum of $25,000 per person in any calendar year. (iv) Hearing aids covered at 90% to a maximum of $500 per person in any 5 consecutive calendar years. (v) Professional Services: covered at 90% to a maximum of $500 per person per calendar year, for physiotherapist, massage therapist, speech therapist, psychologist, naturopath, podiatrist, osteopath, chiropractor, chiropodist and acupuncturist. (vi) Vision Care: Prescription glasses or elective contact lenses, as well as repairs, or elective laser vision correction procedures, covered at 100% up to $200 in any two calendar years. Details of the coverage are outlined in the Retiree Benefit Program booklet available through the City of Ottawa. * An Optional Enhanced Retiree Benefit Plan is available to employees between the age of 55 to 65.