Retiree Benefits. Employees retiring on or after January 1, 2006 will be eligible for retiree benefits as presented to the Union Negotiation Committee during discussions for renewal of the Collective Agreements that expired December 31, 2002.
Retiree Benefits. No Covered Person or ERISA Affiliate of such Covered Person has an obligation to provide any Person with any medical, life insurance, or similar benefit following such Person's retirement or termination of employment (or to such Person's beneficiary subsequent to such Person's death) other than (i) such benefits provided to Persons at such Person's sole expense and (ii) obligations under COBRA.
Retiree Benefits. Retired Employees shall receive retiree benefits in accordance with the provisions established for their work location under the predecessor collective agreements entered into between the Predecessor Employers and the Constituent Unions of the Council.
Retiree Benefits. Employees who retire from the County, or the employee’s spouse, may elect to continue his/her group health insurance coverage at his/her own expense until they reach Medicare eligibility, or until premium payments are discontinued by the retiree.
Retiree Benefits. The Employer agrees to provide a monthly amount towards the monthly premium cost of the current NSAHO Retiree Health Plan for those employees who retire on or after April 1, 2007, and who meet the eligibility requirements as outlined below. Effective April 1, 2007 the Employer will increase the amount it contributes to the monthly premiums for single coverage and monthly premiums for family coverage to 40%. Effective April 1, 2008 the Employer will increase the amount it contributes to monthly premiums for single coverage and monthly premiums for family coverage to 50%. Effective April 1, 2009, the Employer will increase the amount it contributes to monthly premiums for single coverage and monthly premiums for family coverage to 65%. The payment will be provided to supplement the monthly premium payment of the retiree for each month that the retiree is enrolled in the NSAHO Retiree Health Plan up to and including the month that the retiree reaches the age of 65. When the retiree reaches the age of 65 and becomes eligible for Pharmacare coverage, the Employer supplement will cease and the retiree will be responsible for the full cost of the premiums if he/she chooses to remain in the plan at that time. Persons who retired between April 1, 2007 and the signing date of this collective agreement and opted at retirement to participate in the NSAHO Retiree Health Plan will be reimbursed for the contributions set out above. Persons who retired between April 1, 2007 and the signing date of this collective agreement and opted at retirement not to participate in the NSAHO Retiree Health Plan, will be notified of the availability of an Employer contribution toward premiums. Such retirees will have 60 days from the date such notification is sent by the Employer to apply to participate in the plan. Participation will be subject to the retiree meeting the eligibility requirements of the plan. Employer contributions will commence upon the retiree’s acceptance into the plan.
Retiree Benefits. Employees retiring on or after January 1, 2006 will be eligible for retiree benefits as presented to the Union Negotiation Committee during discussions for renewal of the Collective Agreements that expired May 31, 2003. Employees retiring on or after January 1, 2004, and up to and including December 31, 2005, will have the option of selecting the retirement benefits in place as of the date of ratification of this Memorandum of Agreement, or the retirement benefits that will commence for employees who retire on or after January 1, 2006. PENSION
Retiree Benefits. Except as set forth in Schedule 3.19 of the --------------- ------------- Disclosure Schedule, no Employee Plan provides health or life insurance benefits for retirees except as required by applicable law. No such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefits.
Retiree Benefits. Any member of the bargaining unit who retires and wishes to participate in the benefit plans as outlined in Article 17.01(h) will complete a “pre-authorization payment plan form” and authorize the Hospital to deduct monthly deductions from his/her bank account. The parties agree that late or non-payment of the monthly premium will result in automatic and permanent cancellation of the benefit. It is understood that any transaction will be the fifth (5th) day of every month. The Employer will notify the Union of the benefit costs to retired employees upon implementation and each time the benefit costs are renegotiated by the Employer.
Retiree Benefits. Employees who retire and commence pension prior to his/her Normal Retirement Date, as defined in the Employees’ Pension Plan text, shall continue with benefits coverage until his/her Normal Retirement Date with all related premiums paid by the University. Upon attainment of the Normal Retirement Date, in addition to the benefits outlined in 22:08(a), retirees shall have the option of purchasing either all of the benefits, as outlined in 22:01 or the University of Windsor Administrative Retirees benefits plan.
Retiree Benefits. [Applicable to Unit Members hired into Contract (Probationary) or Regular (Tenured) Position, or into a Temporary Position Under Contract Continuously Until Retirement.]