Benefits for Retired Teachers. Notwithstanding clauses 7.
Benefits for Retired Teachers. 7.11.1 Subject to continuing eligibility requirements, a teacher retiring pursuant to the Teacher’ Pension Plan (with payments commencing within two (2) months of retirement) or a teacher retiring from teaching with at least a seventy-five (75) factor (age plus years of teaching) may continue to participate in the Health Care Plan, Group Life Insurance ($0, $50,000 or $100,000) and the Dental Plan, all of which may be amended by the Board and the Association, from time to time, until the teacher reaches age sixty-five (65).
7.11.2 The benefit premium costs for such retired teachers shall be fully paid by the retiree.
7.11.3 For teachers retiring on or before August 30th, 2005, the family rate and the single rate shall be the same as for an active member.
Benefits for Retired Teachers. 7.11.1 Subject to continuing eligibility requirements, a teacher retiring pursuant to the Teacher’ Pension Plan (with payments commencing within two (2) months of retirement) or a teacher retiring from teaching with at least a seventy-five (75) factor (age plus years of teaching) may continue to participate in the Health Care Plan and the Dental Plan both of which may be amended by the Board and the Association, from time to time, until the teacher reaches age sixty-five (65).
7.11.2 The benefit premium costs for such retired teachers shall be fully paid by the retiree. The Board may establish a separate plan for rating purposes for retirees.
Benefits for Retired Teachers. Benefits for Retired Teachers shall be in accordance with Part A, Central Terms, Article 7 and as follows:
7.07.1 Subject to continuing eligibility requirements, a teacher retiring pursuant to the Teachers' Pension Plan (with payments commencing within two (2) months of retirement), or a teacher retiring from teaching with at least a seventy-five (75) factor (age plus years of teaching) may continue to participate in the Health Care Plan, Group Life Insurance ($50,000 or $100,000) and the Dental Plan all of which may be amended by the Board and the Association, from time to time, until the teacher reaches age sixty- five (65).
7.07.2 The benefit premium costs for such retired teachers shall be fully paid by the retiree.
7.07.3 For teachers retiring on or before August 30th, 2005, the family rate and the single rate shall be the same as for an active member.
7.07.4 Teachers retiring on or after August 31st, 2005, shall pay the full cost of benefits. The Board shall continue to administer benefits for retirees but the Board shall not contribute to the costs of such benefits.
Benefits for Retired Teachers. 1 Subject to continuing eligibility requirements, a teacher retiring pursuant to the Teachers' Pension Plan (with payments commencing within two (2) months of retirement), or a teacher retiring from teaching with at least a seventy-five (75) factor (age plus years of teaching) may continue to participate in the Extended Health Care Plan and the Dental Plan until the teacher reaches age sixty-five (65). 2 The benefit premium costs for such retired teachers shall be fully paid by the retiree. The Board may establish a separate plan for retirees.
Benefits for Retired Teachers. 12.1 Subject to conditions stated hereinafter, the District shall, for any member of the bargaining unit who retires from District service after fifteen (15) full-time years of service to the District, pay the cost of medical insurance premiums in an amount equal to the District’s contributions for employee-only medical coverage for active members of the bargaining unit.
12.2 The benefits provided for in Article 12.1 herein above shall be in effect for a maximum of ten (10) years or until the certificated employee becomes eligible for Medicare, whichever occurs first.
12.3 No certificated employee retiree shall be eligible to apply for the above benefits until he has reached the age of fifty-five (55) years.
12.4 f to the rules and regulations of the District's medical insurance carrier, a certificated employee retiree eligible for benefits under this section may continue to enroll in dependent medical coverage at his/her own expense.
12.5 All prospective certificated employee retirees should contact the District office for information regarding benefits provided under this section at least six (6) months prior to their anticipated date of retirement.
Benefits for Retired Teachers. 7.07.1 Subject to continuing eligibility requirements, a teacher retiring pursuant to the Teachers' Pension Plan (with payments commencing within two (2) months of retirement), or a teacher retiring from teaching with at least a seventy-five (75) factor (age plus years of teaching) may continue to participate in the Health Care Plan, Group Life Insurance ($50,000 or $100,000) and the Dental Plan all of which may be amended by the Board and the Association, from time to time, until the teacher reaches age sixty- five (65).
7.07.2 The benefit premium costs for such retired teachers shall be fully paid by the retiree.
7.07.3 For teachers retiring on or before August 30th, 2005, the family rate and the single rate shall be the same as for an active member.
7.07.4 Teachers retiring on or after August 31st, 2005, shall pay the full cost of benefits. The Board shall continue to administer benefits for retirees but the Board shall not contribute to the costs of such benefits.
Benefits for Retired Teachers. 7.07.1 Subject to continuing eligibility requirements, a teacher retiring pursuant to the Teachers' Pension Plan (with payments commencing within two (2) months of retirement), or a teacher retiring from teaching with at least a seventy-five (75) factor (age plus years of teaching) may continue to participate in the Health Care Plan, Group Life Insurance (three times salary at time of retirement to a maximum of $100,000) and the Dental Plan all of which may be amended by the Board and the Association, from time to time, until the teacher reaches age sixty-five (65).
7.07.2 The benefit premium costs for such retired teachers shall be fully paid by the retiree.
7.07.3 For teachers retiring on or before August 30, 2005, the family rate and the single rate shall be the same as for an active member.
7.07.4 For teachers retiring on or after August 31, 2005, rates for the period September 1, 2005 to August 31, 2007 shall be:
a) family rate: active member family rate plus fifty dollars ($50) per month
b) single rate: active member single rate plus twenty-five dollars ($25) per month
7.07.5 Subject to clause 7.07.4, teachers retiring on or after August 31, 2005, shall pay the full cost of benefits. A joint committee comprised of three representatives of the Board and three representatives of O.E.C.T.A. will develop a revised retiree benefit plan and/or an alternative funding mechanism(s) for the plan effective September 1, 2007. On and after September 1, 2007, the Board shall continue to administer benefits for retirees but the Board shall not contribute to the costs of such benefits.
Benefits for Retired Teachers. 7.11.1 Subject to continuing eligibility requirements, a teacher retiring pursuant to the Teacher’ Pension Plan (with payments commencing within two (2) months of retirement) or a teacher retiring from teaching with at least a seventy-five (75) factor (age plus years of teaching) may continue to participate in the Health Care Plan, Group Life Insurance (three times salary at time of retirement to a maximum of $100,000) and the Dental Plan, all of which may be amended by the Board and the Association, from time to time, until the teacher reaches age sixty-five (65).
7.11.2 The benefit premium costs for such retired teachers shall be fully paid by the retiree.
7.11.3 For teachers retiring on or before August 30, 2005, the family rate and the single rate shall be the same as for an active member.
7.11.4 For teachers retiring on or after August 31, 2005, rates for the period September 1, 2005 to August 31, 2007 shall be:
(a) family rate: active member family rate plus fifty dollars ($50) per month
(b) single rate: active member single rate plus twenty-five dollars ($25) per month
7.11.5 Subject to clause 7.11.4, teachers retiring on or after August 31, 2005, shall pay the full cost of benefits. A joint committee comprised of three representatives of the Board and three representatives of OECTA will develop a revised retiree benefit plan and/or an alternative funding mechanism(s) for the plan to be effective September 1, 2007. On and after September 1, 2007, the Board shall continue to administer benefits for retirees but the Board shall not contribute to the costs of such benefits.
Benefits for Retired Teachers. Effective July 1, 2020, retirement benefits for teachers hired with a start date on or after July 1, 2020 will be modified to include a maximum annual contribution towards employee dependent coverage at 75% of the total District cost of the Kaiser two-party benefit. Unit members retiring shall be eligible and may apply for paid insurance benefits as covered in this contract on the following basis:
A. The unit member has the equivalent of ten (10) years of full-time service with the District; was in active service for the full school year immediately prior to retirement, unless on an approved medical leave; and has reached or passed the age of 55.
B. The coverage for the unit member and the dependent or dependents shall be the coverage provided in the contract. The Governing Board will continue to pay this until such time the unit member reaches the age of 65. A dependent who survives the retiree may continue the coverage following the retiree's death by paying the total premium.
C. Should a retired employee who was participating in the District's Health and Dental Programs die before age 65, their surviving spouse shall be provided the same Health and Dental benefits until age 65.
D. Eligible retired unit members shall be eligible for the same benefit options as active employees as identified in Article XXI
