Retired Employees Sample Clauses

Retired Employees. An employee who retires from University service, at age 55 with five (5) years of service, age 50 with fifteen (15) years of service or at any age with thirty (30) years of service, who is eligible to maintain participation in the UPlan, may indefinitely maintain medical and dental coverage with the University at his/her own expense. Medicare coverage is primary for retirees over 65, and for totally disabled employees who qualify for Medicare, and must coordinate with the UPlan Retiree Medical plan options. If retired or totally disabled employees elect not to continue coverage in the UPlan at the time they leave employment, they may not elect to do so at a later date. (see also Section 5E.)

Retired Employees. Employees retiring shall be allowed to purchase the group health and medical insurance policy adopted by the School Board at the Board rate. Premiums for the group health and medical policy will be payroll deducted from the employee’s monthly State Retirement paycheck, provided said retirement paycheck is sufficient to cover the premium deduction. If the monthly retirement paycheck is not sufficient to cover the premium deduction, the retiree will be billed on a monthly basis by the Board.

Retired Employees. A. Employees who retire under the Florida Retirement System shall be eligible, upon request, to receive on the same basis as other employees the following benefits at the University, subject to University Regulations and policies: 1. retired employee identification card; 2. use of the University library (i.e., public rooms, lending and research service); and 3. placement on designated University mailing lists. B. In addition, fees may be charged retired employees for the following, and/or access granted to them on a space available basis: 1. use of University recreational facilities; 2. a University parking decal; and

Retired Employees. An employee who retires from University service, at age 55 with five (5) years of service, age 50 with fifteen

Retired Employees. An employee who retires from State service, is not eligible for regular (non-disability) Medicare coverage, has five (5) or more years of allowable pension service, and is entitled at the time of retirement to immediately receive an annuity under a State retirement program, may continue to participate in the health and dental coverages offered through the Group Insurance Program. Consistent with M.S. 43A.27, Subdivision 3, a retired employee of the State who receives an annuity under a State retirement program may continue to participate in the health and dental coverages offered through the Group Insurance Program. Retiree coverage must be coordinated with Medicare.

Retired Employees. An employee who retires from State service, is not eligible for regular (non-disability) Medicare coverage, has five (5) or more years of allowable pension service, and is entitled at the time of retirement to immediately receive an annuity under a State retirement program, may continue to participate in the health and dental coverages offered through the Group Insurance Program.

Retired Employees. A file shall be kept for all resigned or retired employees, including such essential information as shall seem appropriate to the administration.

Retired Employees. Enrolled employees may continue to participate in the dental and extended health benefits of the flexible benefits plan following retirement. The cost of such participation shall be one hundred percent (100%) employee paid.

Retired Employees. From retirement at age 55 until age 62, the member will be responsible for all costs associated with the retiree insurance plan. Under the HDP, this includes the premium, deductible, and OOP costs. Retired members will be eligible to continue on the HDP at either the family or single option. Employees hired after August 31, 2011 are eligible for the following: Employees hired prior to September 1, 2011 are eligible for the following sections (a) through (e): (a) The employee has worked for the City of Bend 15 continuous years prior to retirement. (b) The employee retires after their 55th birthday. (c) A medical benefits plan is available under current Agreement with an insurance carrier and the employee and dependents (if applicable) qualify for such a plan. (d) The employee and dependents (if applicable) are continuously insured under group coverage or a conversion policy acceptable to the insurance carrier prior to age 62. Employees retiring prior to age 62 shall be responsible for paying insurance premiums for themselves and their dependents (if applicable) until they qualify for City-paid insurance benefits. Employees who allow a lapse in coverage will not be eligible for future City-sponsored insurance or payment of premiums. (e) Upon reaching age 62, the City will pay the premium for the retiree for coverage under the City group retiree or PERS-sponsored insurance plan, if the retiree has continuously maintained City retiree or PERS group insurance since date of retirement. The City will also provide a City-funded HRA Med-B account to cover deductible expenses until the retiree reaches age 65. This account will be funded according to the enrollment coverage elected by the employee; if family coverage is elected the City will fund the amount of the family deductible, if single coverage is elected the City will fund the amount of the single deductible. Employees who are retired prior to July 1, 2020 will receive a City-funded HRA Med-B funded in the amount of the family deductible. The City will not pay the premium for any dependent coverage elected. (f) When the retiree reaches Medicare eligibility (age 65) the retiree will have the following options, if the retiree has continuously maintained City retiree or PERS group insurance since date of retirement: a) the retiree may enroll in a PERS Medicare supplement plan. The City will advance the retiree the premium amount of the selected PERS Medicare plan. No more than once per year, the retiree will be ...