Retiree Coverage. Pre-Medicare: Employees who retire on or after January 1, 2011, will be provided the same health care benefits, including but not limited to, cost sharing, that it provides to its active employees until the retiree becomes eligible for Medicare. In the event health care benefits for active employees are eliminated in their entirety, which shall include a change to a one-hundred (100%) percent employee contributory health savings plan, the last health care benefits plan in effect for retirees preceding the elimination of the plan shall remain in effect (absent a contrary order from a Court of competent jurisdiction) until the Employer again provides a health care benefits plan to active employees. Medicare: Retirees must enroll in the Part B Medicare program commencing on the date they first become eligible to participate in the program. Retirees shall be responsible for the cost of such coverage. The Employer shall make available to those retirees who are properly enrolled in the Part B Medicare Program as above provided, a Supplemental Plan, with a $100 deductible. Such Plan will have the same Rx drug benefits the County provides its active employees. In the event Rx drug benefits for active employees are eliminated in their entirety, which shall include a change to a one-hundred (100%) percent employee contributory health savings plan, the Rx drug benefits last in effect for retirees preceding the elimination of the Rx drug benefits for active employees shall remain in effect (absent a contrary order from a Court of competent jurisdiction) until the Employer again provides Rx drug benefits to active employees.
Retiree Coverage. 7.3.1 The District shall contribute $987.36 per month toward the cost of the premium (which includes coverage for spouse or domestic partner and dependents) for any of the medical insurance plan options offered through the District for all retirees who have worked for the SDCCD for a minimum of twenty (20) years and are between the ages of sixty (60) and sixty-four (64)
Retiree Coverage. When an employee retires prior to December 30, 2013, such employee will continue to be covered at the face amount in existence at the time of the employee’s retirement, at the Employer’s expense. Upon retirement or seventy (70) years of age, the face amount for the retiree is reduced by half and the retiree, loses the double indemnity provision. No retiree coverage shall be provided to employees retiring on or after December 30, 2013.
Retiree Coverage. For the purposes of this section, retirement is defined as a faculty member’s termination from full-time District employment which is concurrent with his/her retirement under STRS and/or PERS.
Retiree Coverage. 1. An employee may participate in an MCHCP plan when s/he retires if s/he is fully vested in the retirement plan upon ter- mination and the public entity remains with MCHCP. The public entity must make the benefits available to all retirees, past and future, who meet the vesting requirements. The employee may elect coverage for him/herself and dependents and his/her spouse/child(xxx), provided the employee and his/her spouse/child(ren) have been continu- ously covered for health care benefits—
Retiree Coverage. 1. To enroll or continue coverage for him/herself and his/her dependents at retire- ment, the employee must submit one (1) of the following:
Retiree Coverage. Pre-Medicare: Eligible Retirees will be provided the same health care benefits, including but not limited to, cost sharing, that it provides to its active employees until the retiree becomes eligible for Medicare. In the event health care benefits for active employees are eliminated in their entirety, which shall include a change to a one-hundred (100%) percent employee contributory health savings plan, the last health care benefits plan in effect for retirees preceding the elimination of the plan shall remain in effect (absent a contrary order from a Court of competent jurisdiction) until the Employer again provides a health care benefits plan to active employees. Medicare: Retirees must enroll in the Part B Medicare program commencing on the date they first become eligible to participate in the program. Retirees shall be responsible for the cost of such coverage. The Employer shall make available to those retirees who are properly enrolled in the Part B Medicare Program as above provided, a Supplemental Plan, with an annual deductible that matches the Part B program deductable, not to exceed $150. Such Plan will have the same Rx drug benefits the County provides its active employees. In the event Rx drug benefits for active employees are eliminated in their entirety, which shall include a change to a one-hundred (100%) percent employee contributory health savings plan, the Rx drug benefits last in effect for retirees preceding the elimination of the Rx drug benefits for active employees shall remain in effect (absent a contrary order from a Court of competent jurisdiction) until the Employer again provides Rx drug benefits to active employees. All coverage shall be subject to such terms, conditions, exclusions, limitations, deductibles, co-payments, premium cost-sharing and other provisions applicable to each of the plans. The Employer reserves the right to change the carrier(s), the plan(s), and/or the manner in which it provides the benefits listed below, provided that the benefits are equal to or better than the benefits outlined above.
Retiree Coverage. The City will offer extended health insurance coverage to retirees who meet the current eligibility standard. City participation towards the cost of the coverage will be computed based upon the following formula: PERCENTAGE YEARS OF SERVICE 50.0% 15 52.5% 16 55.0% 17 57.5% 18 60.0% 19 62.5% 20 65.0% 21 67.5% 22 70.0% 23 72.5% 24 75.0% 25 The amount of City participation will be based upon the insurance rates of the City’s primary health provider. Retirees who meet current MOU eligibility standards for City health contribution (retired after December 15, 1990 at least 50 years of age for all bargaining unit members) shall be eligible to receive a benefit contribution under the PERS Health Program until age 65. Such retirees shall receive a 50% contribution with 15 years of service, increasing by two and one-half percent (2½%) for each year of service up to the maximum 75% contribution at 25 years (as detailed above). In converting to the PERS Health Program, the benefit contribution will be based on the primary health plan. The City participates in the PERS Health Benefit Program, with the “unequal contribution option” establishing a minimum monthly employer contribution in a lesser amount for retirees than for active employees as defined by California Public Employees Retirement Law, § 22892(c). The City will provide the minimum monthly employer direct health insurance contribution and the balance will be in a flexible credit allocation in a flexible benefit plan. The amount of the direct health insurance contribution will increase annually according to California Public Employees Retirement Law, § 22892(c) until reaching the active employee direct contribution equivalent. The flexible credit allocation will be adjusted to provide a total contribution not to exceed the contribution specified in the MOU. Retirees will pay a monthly processing fee for the flexible benefit administration. For those who also wish to elect a medical reimbursement account, a monthly processing fee is also charged. In lieu of a vision hardware benefit, the City will contribute $16 after age 65 to a Medicare managed care plan or Medicare supplement. Current standards for eligibility for retiree health benefits are as follows:
Retiree Coverage. 11.8.1 For all contract employees retiring on or after July 1, 1990, with 15 or more years of service to the District, the District will pay toward retiree's insurance premium the base figure in Section 11.5 for the 1999/2000 school year. The portion of the premium paid by the District will be referred to as the District's actual cost.
Retiree Coverage. A) Upon payment of the full premium as required in 23.5(D), herein, retirees may elect to remain in the group health care plan until they reach age 65.
