RETIREE MEDICAL CONTRIBUTIONS Sample Clauses

RETIREE MEDICAL CONTRIBUTIONS. C. 1. a. Employees Retired Prior to July 1, 2004 Employees who retired prior to July 1, 2004, or their spouse who have been receiving the $188, will continue to receive this amount even if the City discontinues its membership in the PERS Health Plans System. The City’s contribution to PERS will be discontinued if the City leaves the PERS Health Plans System. Employees who retire after July 1, 2004, will not be eligible to receive the sum of $188 per month as a City contribution to the employee or their spouse toward the cost of the PERS Medical Insurance Program. They will be entitled to the PERS Medical Premium contribution made by the City to PERS, for those retirees who choose a PERS health plan, assuming the City continues with the PERS Health Plans System.
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RETIREE MEDICAL CONTRIBUTIONS. Contributions to the Pension Plan and to the Retiree Medical Plan shall be based on all hours for which pay is required -- up to 40 hours per week -- under this AGREEMENT, except jury pay, pay for apprentice school time which is outside the employee's regular working hours, payment for sickness and injury time, bereavement pay, and payments made in accordance with sick leave plans supplementing U.C.D. HEALTH & WELFARE AND DENTAL CONTRIBUTIONS: Monthly contributions to the Health & Welfare and Dental Plans shall be in such amounts as the Joint Union-Management Boards administering said plans from time to time determine to be necessary to pay their costs of administration and to provide the benefits required hereunder. The monthly contribution shall be paid for all employees who are carried on the payroll as of the first business day of any calendar month. Contributions to the Health and Welfare Plan shall also be required for employees employed prior to the sixteenth day of the month who are entitled to immediate coverage under Appendix "C".

Related to RETIREE MEDICAL CONTRIBUTIONS

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • 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.

  • Retirement Contribution The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications. Corrections Firearms Instructor Oil & Hazardous Material Responder I Oil & Hazardous Material Responder II

  • Pension Contributions 19.2.3.1 Unless required by law to commence receiving a pension prior to the Member’s actual retirement date (i.e., currently December 31 of the year in which the Member attains age sixty-nine (69)) the Member who postponed retirement beyond his or her TRD will continue to make pension contributions.

  • Retiree Medical Employee shall be eligible for lifetime medical coverage, upon retirement, subject monthly payment limit of the Kaiser Plan premium amount for an employee and spouse. Eligibility for lifetime medical is subject to the Employee completing ten (10) years of continuous service at the level of Department Head or above and retiring from the City of Fontana as an annuitant of the Public employees Retirement System (PERS). Employee shall cease to be eligible for lifetime medical coverage paid by the City if the Employee reinstates as an active member of PERS or otherwise fails to meet the PERS definition of an annuitant.

  • Company Contributions (a) For employees hired, rehired or who become covered under the CWA 3176 Agreement through any means before January 1, 2016, the Company shall contribute a Company Matching Contribution equal to 25 percent of the Participant’s Contribution up to a maximum of 6 percent of eligible wage.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Contributions Without creating any rights in favor of any third party, the Member may, from time to time, make contributions of cash or property to the capital of the Company, but shall have no obligation to do so.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Employee Contributions Any member of the bargaining unit who is hired on or after September 1, 2010 is eligible to make a voluntary contribution to the City=s Deferred Compensation Plan offered by Ameritas.

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