Common use of Retirement Coverage Clause in Contracts

Retirement Coverage. (a) An employee who retires will be allowed to continue his membership in the health care insurance program or in any portion of it (as long as this is not against the regulations of the carrier) by remitting to the Business Manager the full cost of the premiums. (b) The employer shall immediately issue a cancellation of the premiums and shall be held harmless against any claim which may be made by any person by reason of default of payment, including the cost of defending against such claim.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement