County agencies approved for federal subsidies for early retirees

By City News Service

Five San Diego County companies and agencies Wednesday were among the first 2,000 employers and unions nationwide to be approved for federal subsidies to provide health care for early retirees.

Health and Human Services Secretary Kathleen Sebelius announced the first batch of approved applications for President Barack Obama’s $5 billion federal Early Retire Reinsurance Program on Tuesday.

Companies and agencies in San Diego County that made the list so far include the Carlsbad Unified School District, city of Escondido, San Diego County Teamsters-Employers Insurance Trust, San Diego County Employees Retirement Association and the San Diego Transit International Brothers of Electrical Workers 465, The San Diego Union-Tribune reported.

Under the program, people age 55 or older who retire before becoming eligible for Medicare receive temporary insurance through their former employer and said employers receive 80 percent reimbursement of the insurance cost

Related posts:

  1. Registrar seeks election poll workers
  2. Longtime owner has been around horses since he was 10
  3. Hundreds turn out for I-5 town hall forum in Solana Beach
  4. Sunday morning quake rattles eastern part of county
  5. One killed, four injured in light plane crash in Tierrasanta

Short URL:

Posted by Halie Johnson on Sep 1, 2010. Filed under News, Region. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

Bottom Buttons 1

Bottom Buttons 2

Bottom Buttons 3

Bottom Buttons 4

Bottom Buttons 5

Bottom Buttons 6

RSS North Coastal News

  • Leave no one behind in Alzheimer’s research July 30, 2014
    Today in the U.S., more than 5 million people are living with mild to moderate Alzheimer’s disease. According to a 2009 study by the Alzheimer’s Association, of those 5 million people, more than 500,000 live in California. As we live longer, rates of Alzheimer’s disease have grown dramatically, and the disease is now cited as the third leading cause of death […]
  • SD Foundation announces $47M in grants, names new board members July 29, 2014
    The San Diego Foundation today announced it granted $47 million to nonprofit organizations in fiscal year 2014. Since its inception, the foundation has granted $880 million to serve and improve the San Diego region. […]
  • SD Surf Academy Condliffe GU11 win Albion Cup July 29, 2014
    San Diego Surf Academy Condliffe GU11 won the Albion National Soccer Cup championship, held July 18-21 in San Diego. […]