Retiree Health Care Sample Clauses

Retiree Health Care. A. Full time Employees, who retire from County service and are immediately eligible to receive MERS benefits, may at their own expense, continue group health insurance and dental insurance for themselves and their spouse at the time of retirement, by paying the premiums. Coverage and premiums for retirees, prior to eligibility for Medicare, will be the same as that of active employees. An employee’s surviving spouse covered under the County’s Retiree Health Insurance, may at their own expense, continue group health insurance and dental insurance by paying the premiums. This continuation is contingent upon the insurance carriers permitting retired employees and surviving spouses to pay for same.
AutoNDA by SimpleDocs
Retiree Health Care. Employees who retire from County service, at their own expense, may continue health insurances and dental insurance, for themselves and their spouse at the time of retirement, by paying the premiums. Coverage and premiums for retirees, prior to eligibility for Medicare, will be the same as that of active employees. An employee’s surviving spouse covered under the County’s Retiree Health Insurance, may at their own expense, continue group health, dental, and vision insurance by paying the premiums. The above is contingent upon the insurance carriers permitting retired employees being allowed to pay for same.
Retiree Health Care. Subject to Sections A, B, C and D, below, the Township will provide retirees with twenty-five (25) years of full-time service in the Plymouth Township Police Department (see Appendix D for full-time years of service), and their spouses, with health insurance comparable to that provided full-time employees, including dental, optical and prescription drug riders, provided that benefits are coordinated with Medicare, Medicaid, and other benefits provided by subsequent employers or spousal employers. Upon retirement and eligibility, Medicare shall be the primary insurer. At the time of retirement, eligible retirees and their spouses shall have the option to select health insurance coverage under the HMO or PPO provided by the Township. Employees choosing the PPO shall pay the difference in cost between the HMO and the PPO, in addition to any premium sharing required by 35.7(A). Retirees shall be eligible for dependent coverage upon retirement provided that the retiree shall be required to pay the full cost for such coverage.
Retiree Health Care. Employees under the age of 65 who retire from City service shall be eligible to enroll in retiree medical plans that are experience-rated with active employees.
Retiree Health Care a. The City of Grand Rapids is the plan sponsor of a group health care plan covering certain hospitalization, surgical, medical, dental, and optical expenses for retired City employees and their eligible dependents. Retired City employees and their eligible dependents participate in this group health care plan. A summary of the coverage available through the City’s group health care plan is contained in the Summary Plan Document (for the City of Grand Rapids Unified Health Care Plan). It is agreed that Management will pay the hospitalization insurance premium for the retiree and their dependents from the time the employee retires and until the time such retiree becomes eligible for Medicare or similar national health insurance benefits provided that: 1) the employee retires with thirty (30) years of service and is at least 48 years old; or 2) the employee is at least 62 years old and has eight (8) years of service; or 3) the employee is disabled pursuant to the provisions of the pension ordinance.
Retiree Health Care. It is agreed that Management will pay the hospitalization insurance premium (at their earned percentage less any applicable premium sharing amount) for the retiree, spouse, and eligible dependents until such time as the retiree becomes eligible for Medicare or similar national health insurance benefits. If the retiree dies after retirement before becoming eligible for Medicare or similar national health insurance benefits, the spouse and eligible dependents (if any) shall continue to have the hospitalization insurance premium (at the earned percentage less any applicable premium sharing amount) paid by the City until such time as the retiree would have become eligible for Medicare or similar national health insurance benefits. Such coverage shall end if the surviving spouse should remarry or is covered by health care coverage under his/her employer. Spouse and/or qualified dependents are understood to be that person to whom the retiree is married and the eligible dependents at the time he/she begins receiving a pension allowance. In the case of a disability retirement granted under the provisions of Section 1.252 of the City of Grand Rapids Police and Fire Retirement System Ordinance, if the retiree and the spouse at the time of retirement should have further children after retirement, such children by birth or legal adoption shall also be considered to be qualified dependents for the first two (2) of such births and/or adoptions only. No further qualified dependents may be added due to birth or legal adoption after the retiree reaches age fifty (50). The City contribution towards retiree health care shall be earned over a period of twenty-five (25) years with an earning rate of four percent (4%) per year for a maximum of one hundred percent (100%). It is understood that the earning percentages, as contained herein, shall apply except in the case where an employee is disabled and retired pursuant to the disability provisions of the City of Grand Rapids Police and Fire Retirement System Ordinance. In such case he/she shall be considered to have earned one hundred percent (100%) less any applicable premium sharing contribution. A bargaining unit member who enters the GRPCOA after September 15, 2009 shall enter with the defined benefit program entitlements or with alternative Retiree Health Care Savings Account (RHSA) benefits he/she had in another unit. Bargaining unit members hired directly into the bargaining unit shall be entitled to an RHSA with applicab...
Retiree Health Care. The City of Grand Rapids is the plan sponsor of a group health care plan covering certain hospitalization, surgical, medical, dental, and optical expenses for retired City employees and their eligible dependents. Retired City employees and their eligible dependents participate in this group health care plan. A summary of the coverage available through the city’s group health care plan is contained in the Summary Plan Document booklet. It is agreed that Management will pay the hospitalization insurance premium for the retiree, spouse, and eligible dependents between those years of age of the retiree between 50 and 64 inclusive. Spouse is understood to be that person to whom the retiree is married at time of retirement. This benefit is limited to those individuals who are the spouse and/or qualified dependents of the retiree at the time he/she begins receiving a pension allowance. In the event the retiree dies after retirement between the ages of 50 and 64 inclusive, the spouse, if any, will continue to have the hospitalization insurance premium paid by Management until such time as the retiree would have reached age 65, provided that the retiree was participating in the pre-65 retiree health care plan at the time the retiree died. The surviving spouse would be eligible for City contributions toward the payment of retiree health care plan premium costs on the same basis that the retiree was eligible. Eligibility for continued coverage in the City’s pre-65 retiree health care plan and City contributions toward the payment of retiree health care plan premiums end if the former spouse becomes married to another individual or is covered by health care coverage under the plan of another employer. The parties agree that the hospitalization insurance premium of retirees provides the benefit improvement of student dependent coverage to age 23. Employees who vest their retirement and leave prior to attaining age fifty (50), shall be eligible for hospitalization benefits, at City expense, provided for in this Agreement, upon reaching age fifty (50).
AutoNDA by SimpleDocs
Retiree Health Care. A. Employees who have retired since January 1, 1971, and are immediately eligible for retirement benefits, shall be provided single subscriber health and hospitalization coverage Medicare supplement.
Retiree Health Care. 1. An employee who retires at the age of 55 shall receive the same health care benefits as full-time employees mentioned herein. For employees who retire after January 1, 2006, the employee’s spouse and dependents at the time of retirement, or in the event of the death of a spouse, a spouse to whom the employee marries in the first eighty- four (84) months immediately following the employees official retirement date, premiums shall be paid, pursuant to the plan set forth in this Article, or as that plan is amended by this or any subsequent contract, provided the employee meets the following conditions:
Retiree Health Care. 1. Employees in this bargaining unit who retire through PERS may enroll in a PERS health plan or any Commission offered alternate medical plan, as provided under the Public Employees' Medical & Hospital Care Program and PERS regulations.
Time is Money Join Law Insider Premium to draft better contracts faster.