Common use of Benefits Upon Retirement Clause in Contracts

Benefits Upon Retirement. Group I faculty employees are eligible for continuing medical benefits (including prescription drug plan), dental, life insurance, vision, and Employee Assistance Program coverage after their retirement from the District. These faculty employees may continue to be employed by the District until they choose to retire. Upon retirement, the level of medical benefits during retirement shall be the same as stated in Appendix M, provided that such retirees have satisfied the appropriate qualification period of consecutive years of service and are enrolled (spouse included) in Medicare when eligible. The cost of premiums and Medicare shall be borne by the District.

Benefits Upon Retirement. Group I faculty employees are eligible for continuing medical benefits (including prescription drug plan), dental, life insurance, vision, and Employee Assistance Program coverage after their retirement from the District. These faculty employees may continue to be employed by the District until they choose to retire. Upon retirement, the level of medical benefits during retirement shall be the same as stated in Appendix ML, provided that such retirees have satisfied the appropriate qualification period of consecutive years of service and are enrolled (spouse included) in Medicare when Group II eligible. The cost of premiums and Medicare shall be borne by the District.