Common use of Retiree Health Clause in Contracts

Retiree Health. The Town provides retiree health benefits in accordance with the PEMHCA for employees who qualify as eligible PERS retirees who receive a PERS retirement allowance and are PEMHCA annuitants entitled to such benefits under the PEMHCA. Beginning October 1, 2018, the Town will pay a maximum contribution of $133 per month to CalPERS for each eligible annuitant towards the purchase of medical insurance. Beginning January 1, 2019, tThe Town’s maximum monthly contribution for each eligible annuitant shall be equal to the minimum employer contribution required under the PEMHCA, currently $149 per month, as may be adjusted by CalPERS from year to year. The provisions of PEMHCA will govern medical insurance coverage for annuitants.

Appears in 2 contracts

Samples: Agreement, Agreement

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Retiree Health. The Town provides retiree health benefits in accordance with the PEMHCA Public Employees’ Medical and Hospital Care Act (PEMHCA) for employees who qualify as eligible PERS retirees who receive a PERS retirement allowance and are PEMHCA annuitants entitled to such benefits under the PEMHCAPEMCHA. Beginning October July 1, 2018, the Town will pay a maximum contribution of $133 133.00 per month to CalPERS for each eligible annuitant towards the purchase of medical insurance. Beginning January 1, 2019, tThe the Town’s maximum monthly contribution for each eligible annuitant shall be equal to the minimum employer contribution required under the PEMHCA, currently $149 per month, as may be adjusted by CalPERS from year to year. The provisions of the PEMHCA will govern medical insurance coverage for annuitants.

Appears in 2 contracts

Samples: Town Of, Town Of

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Retiree Health. The Town provides retiree health benefits in accordance with the PEMHCA Public Employees’ Medical and Hospital Care Act (PEMHCA) for employees who qualify as eligible PERS retirees who receive a PERS retirement allowance and are PEMHCA annuitants entitled entitle to such benefits under the PEMHCA. Beginning October 1August 22, 2018, the Town will pay a maximum contribution of $133 per month to CalPERS for each eligible annuitant towards the purchase of medical insurance. Beginning January 1, 2019, tThe the Town’s maximum monthly contribution for each eligible annuitant shall be equal to the minimum employer contribution required under the PEMHCA, currently $149 per month, as may be adjusted by CalPERS from year to year. The provisions of PEMHCA will govern medical insurance coverage for annuitants.

Appears in 1 contract

Samples: Los Gatos Town Employees

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