Eligible Retirees definition

Eligible Retirees shall have the meaning set forth in Section 5.11(b).
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Eligible Retirees means Company Retired Employees and Company Employees who are or become eligible to participant in the Company’s Retiree Health Plan as in effect on January 1, 2016. In addition, and without limiting the generality of the foregoing, (i) each Company Employee shall be immediately eligible to participate, without any waiting time, in any and all New Plans to the extent coverage under such New Plan is replacing comparable coverage under a Company Plan in which such Company Employee participated immediately before the Effective Time (such plans, collectively, the “Old Plans”), and (ii) for purposes of each New Plan providing medical, dental, pharmaceutical and/or vision benefits to any Company Employee, Parent shall cause all pre-existing condition exclusions and actively-at-work requirements of such New Plan to be waived for such Company Employee and his or her covered dependents, to the extent such conditions were inapplicable or waived under the comparable Old Plans of the Company or its Subsidiaries in which such Company Employee participated immediately prior to the Effective Time. Parent shall cause any eligible expenses incurred by any Company Employee and his or her covered dependents during the portion of the plan year of the Old Plan ending on the date such Company Employee’s participation in the corresponding New Plan begins to be taken into account under such New Plan for purposes of satisfying all deductible, coinsurance and maximum out-of-pocket requirements applicable to such Company Employee and his or her covered dependents for the applicable plan year as if such amounts had been paid in accordance with such New Plan.
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Eligible Retirees means the following persons who cease, voluntarily, to be employed by a district school board at the end of the 1997-98 school year and who are eligible to receive an immediate pension under the Teachers’ Pension Act:
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Examples of Eligible Retirees in a sentence

  • Pre-Medicare: Eligible Retirees will be provided the same health care benefits, including but not limited to, cost sharing, that it provides to its active employees until the retiree becomes eligible for Medicare.

  • Additionally, the Retirement System will reimburse the Part B Supplemental Medical Expense Premium for those Health Eligible Retirees enrolled in Medicare.

  • Health Eligible Retirees may choose to participate in a City-sponsored health insurance plan or any other health insurance plan of their choice.

  • The maximum amount of monies reimbursed to Health Eligible Retirees will be 100% of such Medicare-eligible or non-Medicare eligible retiree-only premium.

  • District Medical Insurance Contribution for Eligible Retirees: This section only applies to employees hired before July 1, 2004.

  • Eligible Retirees will be provided health insurance if there is no break between their last day of work and their first day of retirement as a retiree receiving a monthly pension check.

  • Medicare Eligible Retirees, Disabled Employees and Surviving Spouses- Kane County offers a reduced benefit PPO health care plan to Medicare eligible retirees, disabled employees and surviving spouses.

  • All Eligible Retirees will have the opportunity to apply for coverage.

  • Under no circumstances may individuals other than Eligible Retirees or Beneficiaries be allowed to benefit from the Trust or participate in a Plan.

  • The maximum amount of monies reimbursed to Health Eligible Retirees will be one hundred percent (100%) of such Medicare- eligible or non-Medicare eligible retiree-only premium.


More Definitions of Eligible Retirees

Eligible Retirees means Company Retired Employees who participate in the Company Retiree Health Plan immediately prior to the Effective Time and Company Non-Union Employees who retire prior to the last day of such one (1) year period and become eligible to participate in the Company Retiree Health Plan (or any plan provided in lieu of the Company Retiree Health Plan during such one (1) year period) prior to the last day of such one (1) year period and who, in each case, continue to satisfy the eligibility requirements of the Company Retiree Health Plan (or would continue to satisfy such requirements if such individual was a participant in such plan).
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Eligible Retirees means retirees of (1) Verizon Communications Inc. and its affiliates and subsidiaries, (2) Bell Atlantic Corporation and (3) GTE Corporation. For the avoidance of any doubt, persons who separated from any of the foregoing organizations prior to being eligible for retirement, or who were terminated for cause, are not Eligible Retirees.
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Eligible Retirees shall have the meaning assigned to such term in Section 5.01(a) hereof.
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Eligible Retirees is defined as those retirees who are members of the Active Plan (including surviving spouses), who retire from active service after December who have been retired for at least
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Eligible Retirees means any resident of this State who
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Related to Eligible Retirees

  • Eligible Retiree means a retired employee of the GROUP who is receiving retirement benefits from GROUP and is entitled to Medicare part A and enrolled in Medicare part B. If this Agreement includes Group Plan 65, an Eligible Retiree who selects Group Plan 65 shall be eligible as an individual. Such Eligible Retiree shall not be deemed to have any dependents who can select Group Plan 65.

  • Eligible Retirement Plan means an individual retirement account described in Section 408(a) of the Code, an individual retirement annuity described in Section 408(b) of the Code, an annuity plan described in Section 403(a) of the Code, or a qualified trust described in Section 401(a) of the Code, that accepts the Distributee's Eligible Rollover Distribution. However, in the case of an Eligible Rollover Distribution to the surviving Spouse, an Eligible Retirement Plan is an individual retirement account or individual retirement annuity.

  • Eligible Rollover Distribution means any distribution of all or any portion of the balance to the credit of the Distributee, except that an Eligible Rollover Distribution does not include: (a) any distribution that is one of a series of substantially equal periodic payments (not less frequently than annually) made for the life (or life expectancy) of the Distributee, the joint lives (or joint life expectancies) of the Distributee and the Distributee's Beneficiary, or for a specified period of 10 years or more; (b) any distribution to the extent such distribution is required under Section 401(a)(9) of the Code; and (c) the portion of any distribution that is not includable in gross income (determined without regard to the exclusion for net unrealized appreciation with respect to employer securities).

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.