Benefits Options. The employee may choose to receive District provided two-party hospital-medical, dental and/or vision insurance for the employee and one other person until the employee reaches sixty-five (65) years of age or the retired employee qualifies for Social Security medical coverage, whichever is earlier. If the premiums for such insurance fall below the above caps, the difference will be paid to the employee in the form of a monthly stipend. If the premiums for such insurance fall above these caps, the employee will be responsible for the difference. As an alternative to District-paid insurance premiums, the employee may choose to receive the entire benefit amount in the form of a stipend.
Appears in 5 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
