Retiree Status definition
Examples of Retiree Status in a sentence
Definition: The Process Retiree Status Percentage shall mean the number of times Service Provider processes the retirees in the Covered Population’s benefit elections within three (3) business days of Service Provider’s receipt of a status change request divided by the total number of times Service Provider receives such status change request received during the month.
Upon the termination of the foregoing Retiree Status health coverage, the Company shall issue a COBRA health care continuation notice to Mr. Hall and his spouse, ▇▇▇ ▇▇▇y then shall have the right to elect COBRA health care continuation coverage, at their own cost, in accordance with the terms of the Health Plan and applicable federal law (i.e., COBRA).
For purposes of the following equity and incentive awards, and only for these purposes, ▇▇▇▇▇▇▇▇▇ will be deemed to have attained Qualified Retiree Status effective as of the Separation Date, thus converting her Separation Date to the date of her retirement (the “Retirement Date”) for these purposes and with respect to Deluxe’s applicable retirement policies.
Such Company Match Contributions shall also be made on behalf of each Participant who is otherwise eligible as described above but who ceased being an Employee during the period after having attained Retiree Status or by reason of his or her Disability or death.
This policy encourages such Faculty and Staff employees on Regular or Retiree Status to enroll in academic courses for the improvement of skills or for personal development purposes, with tuition costs associated with such courses remitted in whole or in part.