Examples of Current Retiree in a sentence
Any assets transferred to a Health Benefits Account in a Qualified Transfer (and any income allocated thereto) shall only be used to pay Qualified Current Retiree Health Liabilities (whether directly or through reimbursement).
Current Retiree Health Benefit StructureIn order to address the unfunded liability associated with retiree health benefits and reduce the ongoing cost to the taxpayer, eligibility requirements and co-share percentages for retiree health were modified in the 2008 session of the General Assembly.
The gain or loss relating to the ineffective portion, if such arise, would be recognised immediately in the Statement of profit or loss.
The term "Qualified Current Retiree Health Liabilities" shall have the meaning provided by Sec.
While it may seem severe as a constraint for the7The use of the continuation payoff as one of the sufficient statistics for the history is common when it comes to equilibrium payoffs (Abreu, Pearce, and Stacchetti (1986), Thomas and Worrall (1990), etc.), but in a setting with persistent private information, an additional state variable is often needed (Williams (2011), Kapiˇcka (2013), Guo and H¨orner (2017), etc.).
If the Category 5 Current Retiree retired under the early or disability provisions of the pension plan, he/she shall become eligible for the Xxxxxx Foundation Health Plan Senior Advantage coverage at the Employer's expense upon becoming eligible for and participating in Parts "A", "B" and “D” of Medicare.
Any assets (and any income allocable thereto) of the Retirement System transferred to the Health Benefit Fund shall be used only to pay reasonably estimated Current Retiree Health Liabilities (other than liabilities of key employees not taken into account under Section 420(e)(1)(D)) for the taxable year of the transfer.
If a Category 5 Current Retiree moves outside the Xxxxxx Permanente service area, he/she will be required to pay that amount of the Out of Area or Out of Region retiree group rate which is in excess of the Senior Advantage Health Plan retiree group rate in effect on January 1 of each year for himself/herself and for any eligible spouse/domestic partner or eligible dependent child.
Any changes to the active employee co-payments on or after January 1, 2017, will also be implemented for the Category 5 Current Retiree and his/her eligible spouse/domestic partner and dependent children.
In the event the amount transferred exceeds the amount used to pay Qualified Current Retiree Health Liabilities, the excess (including income thereon) shall be returned from the Health Benefit Fund to the Retirement System.