Common use of Medical Insurance Benefit Clause in Contracts

Medical Insurance Benefit. Any priest receiving a benefit under the retirement program of the Diocese shall also be eligible, at Diocesan expense, for coverage under the medical and dental insurance provided for priests of the Diocese. Priests who are receiving retirement benefits and who reside outside of the United States, e.g., in Europe, shall have the option to have the above-stated coverage or to receive, in lieu of coverage, an amount equal to that which would have been paid for coverage. This amount will be added to and paid along with the monthly retirement benefit.

Appears in 4 contracts

Samples: Retirement Plan Agreement, Retirement Plan Agreement, Retirement Plan Agreement

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