Retiree Medical Benefits definition

Retiree Medical Benefits means all post retirement medical benefits, including but not limited to hospital surgical medical, prescription drug, vision, dental, hearing aid and the $76.20 Special Benefit related to Medicare.

Retiree Medical Benefits has the meaning set forth in Section 10.1(c)(ii)

Retiree Medical Benefits means the sickness, accident, hospitalization and medical benefits payable to or on behalf of a Medical Retiree, his or her spouse and/or dependents on and after his Retirement Date pursuant to the Medical Plan.

Examples of Retiree Medical Benefits in a sentence

• However, in no event may the Committee amend the New Plan or New VEBA to provide benefits other than Retiree Medical Benefits until the expiration of the Initial Accounting Period.

• The ability of the New Plan and the New VEBA to pay for Retiree Medical Benefits will depend on numerous factors, many of which are outside of the control of UAW, the Committee, the New Plan and the New VEBA, including, without limitation, the investment returns, actuarial experience and other factors.

• The Eligible Employee (or surviving Eligible Spouse) will be required to contribute a fixed annual amount of $1,500 for each year that he (or surviving Eligible Spouse) remains eligible for Retiree Medical Benefits.

• Nominations for the election of directors may be made by the board of directors in accordance with the Stockholders Agreement dated October 15, 2009 among the Corporation, the United States Department of the Treasury, 7176384 Canada Inc., and UAW Retiree Medical Benefits Trust and, for the limited purposes set forth therein, General Motors LLC or by any stockholder entitled to vote for the election of directors who complies with the notice requirements set forth in this section.

• Retiree Medical Benefits The Company provides health care benefits to eligible retired associates who elect to pay the Company a specified monthly premium.

More Definitions of Retiree Medical Benefits

Retiree Medical Benefits. Letter From Xxxxxxxxx Xxxxx, Retiree Medical Benefits: Letter From Xxxxx Xxxx.

Retiree Medical Benefits. Letter From Xxxxxxxxx Xxxxx, Retiree Medical Benefits: Letter From Xxxxx Xxxx. For unit members hired after the date referenced above, see Article 20D.

Retiree Medical Benefits has the meaning set forth in Section 10.1(d)(ii).

Retiree Medical Benefits. Through the Implementation Date, benefit eligible employees will maintain the existing non-represented, non-union retiree medical benefit option as applicable. Eligible employees retiring on or after the Implementation Date will be offered employee paid retiree medical plan coverage in accordance with the Agreement. Time Off Benefits ● On and after the Implementation Date, Paid Time Off accruals shall be governed by the terms of the Agreement. ● On and after the Implementation Date, leave rules and accruals shall be governed by the terms of the Agreement. ● Beginning on the Implementation Date, employees will receive Holidays in accordance with the Agreement.

Retiree Medical Benefits means all post retirement medical benefits, including but not limited to hospital surgical medical, prescription drug, vision, dental, hearing aid and the Special Benefit related to Medicare Part B premium. SEC. The term “SEC” shall mean the Securities and Exchange Commission. Settlement Actions. The term “Settlement Actions” is defined in Section 29.A of this Settlement Agreement. Special Benefit. The term “Special Benefit” shall mean the $76.20 Special Age 65 Benefit related to Medicare Part B premium. State. The term “State” shall mean any state of the United States. Stock Contribution Obligation. The term “Stock Contribution Obligation” shall mean any and all obligations Ford may have to the Existing External VEBA under Section 13.C of the Xxxxxxxx I Settlement Agreement relating to cash contributions based on an increase in the value of Ford common stock. Subsidiary. The term “Subsidiary” shall mean any corporation or other entity of which at least a majority of the outstanding stock or other beneficial interests having by the terms thereof ordinary voting power to elect a majority of the board of directors or other governing body of such corporation or other entity (irrespective of whether or not at the time stock or other beneficial interests of any other class or classes of such corporation or other entity shall have or might have voting power by reason of the happening of any contingency) is at the time owned by Ford, or by one or more Subsidiaries, or by Ford and one or more Subsidiaries. Temporary Asset Account. The term “Temporary Asset Account” or “TAA” shall mean the temporary account controlled at all times by Ford that is established by Ford or a wholly-owned Subsidiary of Ford under Section 7.A of this Settlement Agreement for the purpose of holding certain assets as described in this Settlement Agreement. 8 Term Note. The term “Term Note” shall mean the $3.0 billion aggregate principal amount of 9.50% Second Lien Term Notes Due January 1, 2018 issued pursuant to the Note Purchase Agreement, dated April 7, 2008, by and among Ford and the LLC, substantially in the form attached as Exhibit C to this Settlement Agreement. Trust Agreement. The term “Trust Agreement” shall mean the New VEBA trust agreement the form of which is set forth in Exhibit A to this Settlement Agreement. UAW Releasees. The term “UAW Releasees” shall mean the UAW, the Class Representatives, the Class, Class Counsel, the Covered Group and anyone claiming on behalf of, thr...

Retiree Medical Benefits means all post retirement medical benefits, including but not limited to HSM, prescription drug, vision, dental and the $76.20 Special Benefit related to Medicare.

Retiree Medical Benefits. If you were eligible for retiree healthcare coverage on your Employment Separation Date, you will be eligible to enroll in P&G's retiree health insurance program. If you satisfy the Rule of 70 - meaning your age plus your years of service are equal to or greater than 70 - you are a Special Retiree under the terms of this Agreement. Special rules apply to Xxxxxxxx Heritage Employees with regard to retiree medical eligibility and the retiree medical cost sharing under retiree medical plan. If you are a Xxxxxxxx Heritage Employee, you will receive a separate handout on your retiree medical eligibility. Prior to the expiration of your extension coverage, you should contact the Employee Service Center for retiree healthcare enrollment information. For details regarding the terms and conditions of your retiree health coverage, please refer to and review the summary plan descriptions, available at my.pg.