Common use of Retiree Cash Payment for Benefits Clause in Contracts

Retiree Cash Payment for Benefits. 14.6.1 Cash Payments Towards the Cost of Retiree Benefits Paid by Retirees Who Retire on or After November 1, 2005. In compliance with subsection 14.5.1, a qualified retiree may elect to receive a reimbursement made directly to them for the purpose of purchasing medical, dental or vision benefits outside the plans offered by FCSS. The monthly reimbursement shall be processed through FCSS’s Accounts Payable.

Retiree Cash Payment for Benefits. 14.6.1 15.6.1 Cash Payments Towards the Cost of Retiree Benefits Paid by Retirees Who Retire on or After November 1, 2005. In compliance with subsection 14.5.1, a A qualified retiree may elect who wishes to receive have a reimbursement cash payment made directly to them the retiree for the purpose of purchasing medical, dental or vision benefits outside the plans offered by FCSS. The FCSS may, upon written request submitted on or before June 1 preceding the fiscal year the Unit Member plans to retire to the Human Resources Department, receive a monthly reimbursement shall be processed check through FCSS’s Accounts Payable.