Retired Officer definition
Examples of Retired Officer in a sentence
Any additional benefits you are entitled to under the Company’s Retired Officer Medical Benefit Program.
Upon retirement, the Borough, at its expense, shall supply a life insurance policy in the amount of Three Thousand Dollars ($3,000.00) with double indemnity for accidental death for each qualified Retired Officer.
A Retired Officer or Spouse that moves Out-of-Area (“OOA”) and does not have network accessibility in the Retiree or Spouse’s new location, in accordance with Internal Revenue Code Section 106, the Township will reimburse for insurance premiums only up to a set dollar amount per month upon proof of the Retiree or ▇▇▇▇▇▇’s eligible healthcare insurance coverage for the Retiree and/or Spouse.
Should the Spouse reach age 65 or become eligible for Medicare prior to reaching age 65 due to disability or any other qualifying event before expiration of four years from the first day of the month in which the Retired Officer reaches age 65, the Township’s provision of healthcare benefits to the Spouse shall cease on the first day of the month in which the Spouse reaches age 65 or becomes eligible for Medicare, and the Spouse shall enroll in Medicare as the Spouse's primary healthcare coverage.
Each Retired Officer’s HRA shall be used by such Retired Officer and such Retired Officer’s dependents for eligible health care expenses after such Retired Officer’s retirement.
The Township shall make monthly contributions into the HRA until the earlier of the following occurs: divorce, the death of the Retired Officer, the Spouse’s death, the Spouse reaching age 65, or expiration of four (4) years from the date the Retired Officer reaches age 65.
If the Retired Officer becomes Medicare eligible for any reason prior to reaching age 65, the Township’s provision of healthcare benefits to the Retired Officer shall cease on the first day of the month in which the Retired Officer becomes eligible for Medicare and the Retired Officer shall enroll in Medicare and make Medicare the Retired Officer's primary healthcare coverage.
The final HRA payment will be pro-rated for the month, in which death or divorce occurs, and otherwise the final payment shall be for that month prior to the month in which the Spouse reaches age 65 or the month prior to the month in which elapses four (4) years from the date the Retired Officer reaches age 65.
The benefits set forth in this Article shall be provided to the Retired Officer, and the Officer’s Spouse, as defined in Article 13.3. This Article shall not affect (i.e., alter, reduce or increase) the benefits of any Officer who retired, was granted a service-connected total disability pension, or terminated employment prior to January 1, 2017.
The Spouse of any Retired Officer will be permitted to purchase for him or herself (meaning the Retired Officer’s Spouse) or dependents, dental and/or vision coverages (“extended coverages”) in place at the time of the Retired Officer’s retirement, provided such extended coverages are available as stand-alone plans.