PEBP definition
Examples of PEBP in a sentence
The PEBP non-state retiree subsidy and Medicare Exchange Retiree HRA Contribution subsidy amounts are revised annually by the state of Nevada.
Tier II Retirees are entitled to receive their Subsidy from the 115 Trust for use towards their coverage under the medical plans offered under the 115 Trust rather than the PEBP Retiree Health Insurance Plan.
Payment shall be made by the Employer regardless of the insurance provider elected by the Retiree to provide coverage; however, the Employer's responsibility for payment shall be capped at the amount the Employer would be required to pay if the Retiree elected coverage with the insurance provider designated under the Public Employees' Benefits Program (PEBP).
Retirees not electing coverage with the insurance provider designated under PEBP shall be responsible for the payment of any excess difference in cost for the coverage elected.
At all material times, ▇▇▇▇▇ was employed as a Quality Control Officer at PEBP, a public employee as defined in NRS 281A.150.
Notwithstanding this section, the parties recognize the 2003 Nevada Legislature passed legislation (AB286) that affords public employees of Nevada political subdivisions the opportunity to enroll, upon their retirement, in the Public Employees Benefit Program (PEBP) health insurance plan.
Employees retiring and qualifying for retirement under Nevada PERS with a minimum of between twenty-one (21) and twenty-five (25) years of total service with the City of Sparks may elect to convert the following percentages of the employee's accumulated sick leave balance to an unfunded city account for the purpose of paying for medical coverage under the City's then-existing group medicalhealth insurance plan or the Public Employees Benefit Plan (PEBP) or successor to the PEBP, on a monthly basis.
However, the employer's responsibility for payment shall be capped at the amount that the employer would be required to pay if the retiree elected coverage with the insurance provider designated under the Public Employees' Benefits Program (PEBP).
The parties acknowledge that the PEBP medical premium payment level is set annually by the State.
At all relevant times, ▇▇▇▇▇ was a public employee of PEBP, which is a state agency.