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AgdaPkt 2011-10-24
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AgdaPkt 2011-10-24
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Last modified
10/25/2011 4:21:39 PM
Creation date
10/20/2011 1:24:27 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
10/24/2011
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6.2.C. - Page 8 <br />IX. Eligibility Requirements to Receive Medical Benefit Payments from the VantageCare Retirement Health Savings Plan <br />A. A Participant is eligible to receive benefits: <br />❑ At retirement only (also complete Section B.) <br />Definition of retirement: <br />❑ Same as Section VII.B. <br />❑ Other <br />�At separation from service with the following restrictions <br />2' restrictions <br />❑ Other <br />❑ At age only <br />❑ At retirement and age (also complete section B) <br />Definition of retirement: <br />❑ Same as Section VII.B. <br />❑ Other <br />❑ At retirement or age <br />Definition of retirement: <br />❑ Same as Section VII.B. <br />❑ Other <br />❑ Other, specified as follows (also complete Section B if applicable): <br />B. Termination prior to general benefit eligibility: In the case where the general benefit eligibility as outlined in <br />Section ELA includes a retirement component, a Participant who separates from the service of the Employer <br />prior to retirement will be eligible to receive benefits: <br />i mmediately upon separation from service. <br />❑ At age <br />C. A Participant that becomes totally and permanently disabled <br />❑ as defined by the Social Security Administration <br />❑ as defined by the Employer's primary retirement plan <br />❑ other <br />will become immediately eligible to receive medical benefit payments from his /her VantageCare Retirement Health <br />Savings Plan account. <br />D. Upon the death of the Participant, benefits shall become payable as outlined in Section XI. <br />
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