POST EMPLOYMENT HEALTH PLAN (PEHP). The City shall provide a Post Employment Health Plan, which allows for the accumulation of funds for the future payment of medical expenses and premiums. The amount of dollars paid into the employee's PEHP account, by the City on behalf of the employee, shall be fifty dollars ($50.00) per pay period for the duration of the contract. In addition, upon retirement or death a portion of the employee's sick leave balance shall be added (paid) into the employee's PEHP premium account. This amount shall be as specified under Article 29, Section 1. The PEHP will be considered by both parties as part of the total compensation for the computation of wages and benefits.
POST EMPLOYMENT HEALTH PLAN (PEHP). The City shall provide a Post Employment Health Plan which allows for the accumulation of funds for the future payment of medical expenses and premiums. The PEHP will be considered by both parties to be part of total compensation in the computation of wages and benefits. Effective with this Agreement, the amount of dollars paid into the employee's PEHP universal account by the City on behalf of the employee shall be $30.00 per pay period for each eligible employee. Additionally, upon retirement, death or reduction in force the employee’s sick leave payout into PEHP will be in accordance with the provisions of Article 14, Section 1 (E).
POST EMPLOYMENT HEALTH PLAN (PEHP). The City will participate in the Post Employment Health Plan for the Association in accordance with the terms and conditions of the Plan’s Participation Agreement. The program will be funded using the employee’s sick leave conversion benefit at retirement.
POST EMPLOYMENT HEALTH PLAN (PEHP). 13.1 Effective January 1, 2008, employees may be eligible for a Post Employment Health Plan (PEHP) contribution by the Employer of $200.00. Employees who have completed twenty (20) years of service shall have a $276.00 PEHP contribution paid by the Employer as indicated in the eligibility requirements below.
POST EMPLOYMENT HEALTH PLAN (PEHP). 25.1 Employees with at least one (1) year of service shall be eligible for an Employer contribution of two hundred sixty dollars ($260.00) into a Post Employment Health Plan account for each eligible employee, subject to the criteria listed below.
POST EMPLOYMENT HEALTH PLAN (PEHP). 1. For those employees who are vested and retire,
POST EMPLOYMENT HEALTH PLAN (PEHP). The City shall contribute $30.00 per month per employee to Nationwide Retirement Solutions for the PEHP which assists employees with post-employment medical expenses as authorized under Internal Revenue Code § 501 (c) (9). All employees represented by the BFF shall participate. There shall be no individual election by the employee. The City shall make an additional contribution to an individual memberemployee’s PEHP account. At the time of separation, the additional contribution shall be 100% of all accrued leave payout. Payout of sick leave is equal to 60% of the total value of unused accrued sick leave computed from the employee’s last base wage upon the happening of one of the following events:
POST EMPLOYMENT HEALTH PLAN (PEHP). The City shall provide a Post Employment Health Plan which allows for the accumulation of funds for the future payment of medical expenses and premiums. The PEHP will be considered by both parties to be part of total compensation in the computation of wages and benefits. Effective with this Agreement, the amount of dollars paid into the employee's PEHP universal account by the City on behalf of the employee shall be $25.00 per pay period for each eligible employee. In addition, upon retirement, death or reduction in force one-half (½) of the employee's sick leave payout shall be added (paid) into the employee's PEHP premium account and one-half (½) paid out in cash.
POST EMPLOYMENT HEALTH PLAN (PEHP). “The City agrees to participate in the Post Employment Health Plan (PEHP) in accordance with the terms and conditions of the Plan’s Participation Agreement. Participation in the PEHP will be discussed on an annual basis as part of the City’s Joint Labor-Management Health Benefits Committee as provided in Article IV, Section 1(H).”
POST EMPLOYMENT HEALTH PLAN (PEHP). Effective July 1, 2006, the City shall contribute $30.00 per month to Nationwide Retirement Solutions for the PEHP to assist employees with post employment medical expenses as authorized under Internal Revenue Code § 501 (c) (9). All employees represented by the Union shall participate. There shall be no individual election by the employee. The City may make an additional contribution to an individual member’s PEHP account from: 60% of the total value of unused accrued sick leave computed from the employee’s last base salary upon retirement from the City’s retirement system, resignation when eligible for such retirement, resignation to enter a City elective office without a break in continuity of City service and serves in such office employment until retired under the City’s retirement system, or upon lay off because of the abolishment of position or employment because of absence of funds. Xxxx leave earned prior to July 1, 1974, will be available for sick leave use only and will not have monetary value at the time of retirement or death.
