Retiree Health Benefit Allowance Sample Clauses

Retiree Health Benefit Allowance. 26.13 (a) Once an employee is eligible under the Terms and Conditions of the Plan Document for the Public Service Alliance of Canada AEU Retiree Benefit Arrangement, the employer agrees to pay in January of each year a contribution of $2300.00 to the eligible employee’s HCSA for medical and dental expenses. This contribution rate is effective January 1, 2019.
Sample 1Sample 2
AutoNDA by SimpleDocs
Retiree Health Benefit Allowance a) An employee who terminates employment and who is eligible to receive an immediate or deferred pension in accordance with the PSAC pension regulations on or after January 1, 2009, and is retiring prior to age 65 may elect to continue coverage in the PSAC extended health plan and will pay the total of 100% of the premiums as defined in the AEU collective agreement for Units 1, 11 and X. In addition, these employees may elect to continue coverage in the life insurance plan and will pay 100% of the premiums.‌
Sample 1

Related to Retiree Health Benefit Allowance

  • Health Benefits The method for determining the Employer bi-weekly contributions to the cost of employee health insurance programs under the Federal Employees Health Benefits Program (FEHBP) will be as follows:

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • RETIREE HEALTH SAVINGS PLAN Effective, December 24, 2006, or as soon as administratively possible, the County shall establish a retiree health savings plan (RHSP) by contributing an amount of $25.00 to the employee’s RHSP each biweekly pay period.

  • Retiree Medical Benefits If Executive is or would become fifty-five (55) or older and Executive's age and service equal sixty-five (65) and Executive has at least five (5) years of service with the Company within two (2) years of Change in Control, Executive is eligible for retiree medical benefits (as such are determined immediately prior to Change in Control). Executive is eligible to commence receiving such retiree medical benefits based on the terms and conditions of the applicable plans in effect immediately prior to the Change in Control.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

Time is Money Join Law Insider Premium to draft better contracts faster.