Retiree Benefits for Employees. Retiring Prior to July 1, 2000 Who Are, or Become Eligible for Medicare
Retiree Benefits for Employees. Hired on or after January 1, 2013
Retiree Benefits for Employees. Age 65 and Over Once an employee or retiree reaches age 65, he or she is eligible for Medicare. As a result his/her eligibility for the retiree medical benefits set forth in subsection 30.3 (Pre Age 65 Retiree Health Insurance) ceases. On reaching age 65, the City will make available health insurance coverage in addition to Medicare. When an employee or retiree reaches age 65, the City will contribute no more than $16.17 per month on the employee’s behalf for single party health insurance coverage and no more than $32.34 per month for two-party health coverage. If during the term of this Agreement, the premiums for such health insurance are increased, the amount the City contributes shall increase no more than 4.5% above the previous year’s contribution. The City will take such actions under the provisions of Section 218(g) of the Social Security Act to permit employees who are not currently paying employee portion of the Medicare Tax with a one-time opportunity to choose to be covered by the Medicare Tax. If the employee chooses to be covered by the Medicare Tax the choice cannot be revoked at a later date.
Retiree Benefits for Employees. Age 65 and over Once an employee or retiree reaches age 65, he or she is eligible for Medicare. As a result his/her eligibility for the retiree medical benefits set forth in subsection 28.2 ceases. On reaching age 65, the Authority will make available health insurance coverage for a Medicare Risk Policy. When an employee or retiree reaches age 65, the Authority will contribute no more than $17.65 per month on the employee’s behalf for single party health insurance coverage and no more than $35.32 per month for two party health coverage.
Retiree Benefits for Employees. Age 65 and Over Once an employee or retiree reaches age 65, he or she is eligible for Medicare. As a result his or her eligibility for the retiree medical benefits set forth in Section 36.3 (Pre Age 65 Retiree Health Insurance) ceases. On reaching age 65, the City will make available health insurance coverage for a Medicare Risk Policy. When an employee or retiree reaches age 65, the City will contribute no more than $16.17 per month on the employee’s behalf for single party health insurance coverage and no more than $32.34 per month for two-party health coverage. Effective July 1, 2002, the City’s contribution level shall be $19.28 per month on the employee’s behalf for single party health insurance and no more than $38.37 per month for two-party health coverage.
Retiree Benefits for Employees. Retiring After July 1, 2000 Who Have Not Reached Age Sixty-Two (62) on the Date of Their Retirement
Retiree Benefits for Employees. Retiring on or After November 1, 2005 Who Are Between the Age of Sixty-Two (62) and Sixty-Five (65) on the Date of Their Retirement. Qualified employees who are retiring on or after November 1, 2005 that have attained the age of sixty-two (62) but have not reached the age of sixty- five (65) on the date of their retirement shall, on written request submitted on or before June 1 preceding the fiscal year the Unit Member plans to retire, receive the same contribution toward health benefits provided to active Employees up to a maximum period of three (3) years from the date of retirement or until the retired Employee reached the age of sixty-five (65), whichever occurs first. The FCSS shall pay the cost of such health coverage for the Employee and his/her dependents in the same proportion as a Unit Member on active service with the FCSS. Once the qualified retiree turns sixty-five (65) they shall be entitled to receive a maximum contribution of two hundred and sixty dollars ($260.00) per month toward the cost of the retiree’s and his/her dependent’s Medical, Dental and Vision Plans available through the FCSS or an alternative provider selected by the retiree.
Retiree Benefits for Employees. Retiring on or After November 1, 2005 Who Are Between the Age of Sixty-Two (62) and Sixty-Five (65) on the Date of Their Retirement. Qualified employees who are retiring on or after November 1, 2005 that have attained the age of sixty-two (62) but have not reached the age of sixty- five (65) on the date of their retirement shall, on written request, receive the same contribution toward health benefits provided to active Employees up to a maximum period of three (3) years from the date of retirement or until the retired Employee reached the age of sixty-five (65), whichever occurs first. The FCOE shall pay the cost of such health coverage for the Employee and his/her dependents in the same proportion as a Unit Member on active service with the FCOE. Once the qualified retiree turns sixty-five (65) they shall be entitled to receive a maximum contribution of two hundred and sixty dollars ($260.00) per month toward the cost of the retiree’s and his/her dependent’s Medical, Dental and Vision Plans available through the FCOE or an alternative provider selected by the retiree.
