Common use of Retiree Health Insurance Coverage Clause in Contracts

Retiree Health Insurance Coverage. Employees who retire under the conditions of regular TMRS retirement, and their participating dependents, covered on the last day of employment, shall be eligible to continue participation in the City’s group health insurance program at monthly premiums subject to periodic changes in rates as required. The total cost of such continued coverage shall be paid entirely by the retiree and/or spouse. The spouse’s rights shall continue after the employee’s death, but shall terminate upon divorce. Coverage shall remain in force for the retiree while paid until he or she becomes eligible for Medicare or reaches age 65 at which time coverage in the Public Safety Citicare Plan will cease. While the retiree remains in the City’s group health insurance program or fully insured plan offerings for Medicare eligible retirees coverage shall remain in force for the retiree’s spouse while paid until he or she becomes eligible for Medicare or reaches age 65 at which time coverage in the Public Safety Citicare Plan shall cease. Coverage shall remain in force for the retiree’s participating dependent children while paid until they become ineligible as defined in the plan at which time coverage in the Public Safety Citicare Plan shall cease. Medicare eligible retirees and Medicare eligible dependents will be eligible to participate in the City’s fully insured plan offerings for Medicare eligible retirees.

Retiree Health Insurance Coverage. Employees who retire under the conditions of disability in accordance with the Corpus Christi Firefighters Retirement System or Social Security or under regular TMRS retirementretirement under the Corpus Christi Firefighters Retirement System or under Social Security after ten (10) years of continuous service with the City, and along with their participating dependents, dependents covered on the last day of employment, shall be eligible to continue participation in the City’s group health insurance program CitiCare Fire Health Insurance Plan at monthly premiums subject to periodic changes in rates as requiredrequired in the agreement. The total cost of such continued coverage shall be paid entirely by the retiree employee and/or spouse. The spouse’s rights shall continue after the employee’s death, but shall terminate upon divorce. Coverage shall remain in force for the retiree while paid until he or she becomes eligible for Medicare or reaches age 65 at which time coverage in the Public Safety Citicare CitiCare Fire Health Insurance Plan will cease. While the retiree remains in the City’s group health insurance program CitiCare Fire Health Insurance Plan, or fully insured plan offerings for Medicare eligible retirees retirees, coverage shall remain in force for the retiree’s spouse while paid until he or she becomes eligible for Medicare or reaches age 65 at which time coverage in the Public Safety Citicare CitiCare Fire Health Insurance Plan shall cease. Coverage shall remain in force for the retiree’s participating dependent children while paid until they become ineligible as defined in the plan at which time coverage in the Public Safety Citicare CitiCare Fire Health Insurance Plan shall cease. Medicare eligible retirees and their Medicare eligible dependents will be eligible to participate in the City’s fully insured plan offerings for Medicare eligible retirees.