Retirement Medical Benefit. A Bargaining Unit Member who chooses to retire upon reaching age 55 or older and who has served at least ten (10) years in the DISTRICT may elect to receive a percentage of HMO health insurance premium until Medicare eligible age.
Retirement Medical Benefit. A unit member who chooses to retire upon reaching age 53 or older and who has served at least ten (10) years in the District in a full time position (five (5) hours or more per day) may elect to receive the same health insurance benefits until Medicare age based on his/her dependent status at the same rates as active employees. Additional medical coverage for the employee’s spouse or eligible dependents may be purchased by the retiree if selected during the open enrollment period or following a life changing event (marriage/divorces, child birth or adoption, etc.) as defined by the insurance carrier’s contract agreement. These options will be offered at the same rates as active employees. Retirees that have met the above qualifications as of June 30, 2014 will continue to receive health benefits for the employee + one (1) at no cost in lieu of a 100% paid composite rate. Coverage will continue until the employee and/or the additional covered individual becomes Medicare eligible. At that time the plan will convert to the 100% single party AETNA HMO rate. Dental and Vision coverage will continue to be offered to retirees at the retiree’s expense at the district’s retiree rates provided that the insurance provider allows such coverage for retirees.
Retirement Medical Benefit. (Tier 2) To be eligible to continue in the City group medical plans, employees must have ten (10) or more years of continuous service with the City: For regular, full-time employees hired after April 5, 1999 but before July 1, 2005, retiring from the City of Lakeport with Service or Industrial Injury Retirement, City agrees to offer and provide/pay towards the appropriate premium(s) for retiree and eligible dependent(s) medical insurance under the following conditions:
Retirement Medical Benefit. (Tier 2A) Employees retiring after 7/1/2016, will be subject to the following exceptions: • The benefit will extend to the retiree only. Dependents may not enroll in the plan. • The benefit amount (city contribution) is set at $550 per month for an early retiree (pre-Medicare) and $350 per month for retirees who have attained the age of 65 or have otherwise become eligible for Medicare.
Retirement Medical Benefit. Unit members with ten (10) years of service at FKCS, who retire shall be allowed to remain in the Charter School benefit plans and the Charter School will continue its contribution for One year. The retiree must enroll in Medicare Plans A & B if eligible.
Retirement Medical Benefit. (Tier 3) To be eligible to continue in the City group medical plans, employees must have ten (10) or more years of continuous service with the City: For employees hired after July 1, 2005, and retiring from the City of Lakeport under Service or Industrial Injury retirement provisions, City agrees to allow enrollment in City group medical plans at retiree’s expense. This option shall cease upon death of retiree, though dependent(s) shall be provided COBRA or other legally required notice and benefits if they choose to stay in City group medical plan for the period of such COBRA benefit.
Retirement Medical Benefit. 7.2.3.1 The City will contribute fifty percent (50%) of the employee-only premium for health insurance upon retirement, provided the employee has been employed with the City of Cloverdale for eighteen (18) years or longer and has reached the age of fifty (50) years.
Retirement Medical Benefit. A unit member who chooses to retire upon 2 reaching age 53 or older and who has served at least ten (10) years in the 3 4 DISTRICT in a full time position (five (5) hours or more per day) may elect 5 to receive the same health insurance benefits until Medicare age based on 6 his/her dependent status at the same rates as active employees. Additional 7 8 medical coverage for the employee’s spouse or eligible dependents may be 9 purchased by the retiree if selected during the open enrollment period or 10 11 following a life changing event (marriage/divorces, child birth or adoption, 12 etc.) as defined by the insurance carrier’s contract agreement. These options 13 will be offered at the same rates as active employees. 15 Retirees that have met the above qualifications as of June 30, 2014 will 16 continue to receive health benefits for the employee + one (1) at no cost in 17 18 lieu of a 100% paid composite rate. Coverage will continue until the 19 employee and/or the additional covered individual becomes Medicare 20 21 eligible. At that time the plan will convert to the 100% single party AETNA 22 HMO rate. 23 Dental and Vision coverage will continue to be offered to retirees at the 24 25 retiree’s expense at the district’s retiree rates provided that the insurance 26 provider allows such coverage for retirees.
