Retiring Employees After Seventeen Years of Service Sample Clauses

Retiring Employees After Seventeen Years of Service. Employees shall be 12 eligible for District-paid premiums for health insurance provided that (a) the 13 employee is age fifty-five (55) or older upon retirement and has seventeen (17) or 14 more service years in the District or (b) the employee has at least thirty (30) years of 15 service credit with STRS or PERS and seventeen (17) or more service years with the 16 District. This benefit shall end when the retiree reaches age sixty-seven (67) on the 17 condition that the retiree, if eligible, applies for coverage under Medicare Part A and 18 B coverage at age sixty-five (65). Eligible employees who fail to apply for such 19 coverage will not receive District-paid premiums for health insurance from age sixty- 20 five (65) to age sixty-seven (67). The retiree, or un-remarried spouse of deceased 21 retiree, may remain in the District plan by paying personally the insurance premiums 22 without any limit on age. 23 24 Medicare coverage will be primary for those employees who are eligible; the 25 District's plan will provide secondary or umbrella coverage over Medicare payments.
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Retiring Employees After Seventeen Years of Service. Employees shall be 5 eligible for District-paid premiums for health insurance provided that (a) the 6 employee is age fifty-five (55) or older upon retirement and has seventeen (17) or 7 more service years in the District or (b) the employee has at least thirty (30) years of 8 service credit with STRS or PERS and seventeen (17) or more service years with the
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Retiring Employees After Seventeen Years of Service. Employees shall be 16 eligible for District-paid premiums for health insurance provided that (a) the 17 employee is age fifty-five (55) or older upon retirement and has seventeen 18 (17) or more service years in the District or (b) the employee has at least 19 thirty (30) years of service credit with STRS or PERS and seventeen (17) or 20 more service years with the District. This benefit shall end when the retiree 21 reaches age sixty-seven (67) on the condition that the retiree, if eligible, 22 applies for coverage under Medicare Part A coverage at age sixty-five (65).
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Related to Retiring Employees After Seventeen Years of Service

  • Years of Service (i) A Participant’s Years of Service shall include all service performed for the Employer and ¨ Shall ¨ Shall Not include service performed for the Related Employer.

  • Overtime-Eligible Employees Rest Periods The Employer and the Union agree to rest periods that vary from and supersede the rest periods required by WAC 000-000-000. Employees will be allowed rest periods of fifteen

  • PERIOD OF SERVICE The Consultant shall complete the Services on or before December 31, 2019 (the “Deadline”), unless the Authority agrees to extend the Deadline for good reason; provided, however, that the Authority may terminate this Contract at any time in accordance with Section 14. Time is of the essence in performance of this Contract. There will be no obligation established between Authority and the Consultant for performance of the Services until Authority provides the Consultant execution of this Contract and receipt by the Authority of appropriate Certificates of Insurance and other documentation as may be required herein. The term of this Contract (“Term”) shall begin on the Effective Date and shall end on the first to occur of the following: (1) the Deadline, as the same may have been extended by the Authority, (2) the date on which, in the opinion of Authority, all of the Services have been rendered, (3) the date on which this Contract is terminated by the Authority pursuant to Section 14, or (4) the date on which this Contract is terminated by the Consultant pursuant to Section 14.

  • Probation for Newly Hired Employees (a) The Employer may reject a probationary employee for just cause. A rejection during probation shall not be considered a dismissal for the purpose of Article 11.2

  • Overtime-Eligible Employees Unpaid Meal Periods The Employer and the Union agree to unpaid meal periods that vary from and supersede the unpaid meal period requirements required by WAC 000-000-000. Unpaid meal periods for employees working more than five (5) consecutive hours, if entitled, will be a minimum of thirty (30) minutes and will be scheduled as close to the middle of the work shift as possible, taking into account the Employer’s work requirements and the employee’s wishes. Employees working three (3) or more hours longer than a normal workday will be allowed an additional thirty (30) minute unpaid meal period. When an employee’s unpaid meal period is interrupted by work duties, the employee will be allowed to resume their unpaid meal period following the interruption, if possible, to complete the unpaid meal period. In the event an employee is unable to complete the unpaid meal period due to operational necessity, the employee will be entitled to compensation, which will be computed based on the actual number of minutes worked within the unpaid meal period. Meal periods may not be used for late arrival or early departure from work and meal and rest periods will not be combined.

  • Retroactive Pay for Terminated Employees An employee who has retired or severed his/her employment between the termination date of this Agreement and the effective date of the new Agreement shall receive the full retroactivity of any increase in wages, salaries or other benefits.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Re-employment After Retirement Employees who have reached retirement age as prescribed under the Pension (Municipal) Act and continue in the Employer's service, or are re-engaged within three (3) calendar months of retirement, shall continue at their former increment step in the pay rate structure of the classification in which they are employed, and the employee's previous anniversary date shall be maintained. All perquisites earned up to the date of retirement shall be continued or reinstated.

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