Common use of Conditions for the Pre-Fifty-Five Early Retirement Incentive and Post-Fifty-Five Early Retirement Incentive Clause in Contracts

Conditions for the Pre-Fifty-Five Early Retirement Incentive and Post-Fifty-Five Early Retirement Incentive. ‌ A. The teacher must be in a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911) at the time of retirement, except as provided in B below. B. Teachers remain eligible for the Pre-Fifty-Five Early Retirement Incentive and the Post-Fifty- Five Early Retirement Incentive if, as the result of a workers’ compensation injury, they must move from a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911) to a state position covered by any other State Retirement Plan. Such teachers must retire from state service and are subject to all other requirements and conditions of Section 1 (A) and (B). The agency in which the workers’ compensation injury occurred shall be responsible for paying any Employer contribution under this provision. C. Years of credit in Section 1 (A) and (B) shall include only the time during which the teacher was employed by the State in a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911). D. The teacher must be receiving an Employer contribution for health and dental coverage at the time of retirement. E. A teacher who retires with no Employer contribution for dependent coverage or who terminates dependent coverage following retirement may add a dependent in accordance with Article 22, Insurance, Section 5B1, Changes Due to a Life Event; however, that teacher shall not subsequently be eligible for an Employer contribution for dependent coverage except when the dependent is the teacher’s spouse and the spouse, immediately at the time of his or her retirement, is enrolled in SEGIP and is receiving an Employer contribution for health and dental insurance. F. Receipt of retirement insurance benefits is dependent on the teacher completing all required forms and continuing to pay any required premium.

Appears in 3 contracts

Samples: Labor Agreement, Labor Agreement, Labor Agreement

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Conditions for the Pre-Fifty-Five Early Retirement Incentive and Post-Fifty-Five Early Retirement Incentive. ‌ A. The teacher must be in a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911) at the time of retirement, except as provided in B below. B. Teachers remain eligible for the Pre-Fifty-Five Early Retirement Incentive and the Post-Fifty- Five Early Retirement Incentive if, as the result of a workers’ compensation injury, they must move from a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911) to a state position covered by any other State Retirement Plan. Such teachers must retire from state service and are subject to all other requirements and conditions of Section 1 (A) and (B). The agency in which the workers’ compensation injury occurred shall be responsible for paying any Employer contribution under this provision. C. Years of credit in Section 1 (A) and (B) shall include only the time during which the teacher was employed by the State in a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911). D. The teacher must be receiving an Employer contribution for health and dental coverage at the time of retirement. E. A teacher who retires with no Employer contribution for dependent coverage or who terminates dependent coverage following retirement may add a dependent in accordance with Article 22, Insurance, Section 5B1, Changes Due to a Life Event; however, that teacher shall not subsequently be eligible for an Employer contribution for dependent coverage except when the dependent is the teacher’s spouse and the spouse, immediately at the time of his or her retirement, is enrolled in SEGIP and is receiving an Employer contribution for health and dental insurance. F. Receipt of retirement insurance benefits is dependent on the teacher completing all required forms and continuing to pay any required premium.

Appears in 2 contracts

Samples: Labor Agreement, Labor Agreement

Conditions for the Pre-Fifty-Five Early Retirement Incentive and Post-Fifty-Five Early Retirement Incentive. A. The teacher employee must be in a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911) at the time of retirement, except as provided in B below. B. Teachers Employees remain eligible for the Pre-Fifty-Five Early Retirement Incentive and the Post-Fifty- Five Early Retirement Incentive if, as the result of a workers’ compensation injury, they must move from a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911) to a state position covered by any other State Retirement Plan. Such teachers employees must retire from state service and are subject to all other requirements and conditions of Section 1 (A) and (B). The agency in which the workers’ compensation injury occurred shall be responsible for paying any Employer contribution under this provision. C. Years of credit in Section 1 (A) and (B) shall include only the time during which the teacher employee was employed by the State in a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911). D. The teacher employee must be receiving an Employer contribution for health and dental coverage at the time of retirement. E. A teacher An employee who retires with no Employer contribution for dependent coverage or who terminates dependent coverage following retirement may add a dependent in accordance with Article 22, Insurance, Section 5B1, Changes Due to a Life Event; however, that teacher employee shall not subsequently be eligible for an Employer contribution for dependent coverage except when the dependent is the teacheremployee’s spouse and the spouse, immediately at the time of his or her retirement, is enrolled in SEGIP and is receiving an Employer contribution for health and dental insurance. F. Receipt of retirement insurance benefits is dependent on the teacher completing all required forms and continuing to pay any required premium.

Appears in 1 contract

Samples: Labor Agreement

Conditions for the Pre-Fifty-Five Early Retirement Incentive and Post-Fifty-Five Early Retirement Incentive. A. The teacher must be in a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911) at the time of retirement, except as provided in B below. B. Teachers remain eligible for the Pre-Fifty-Five Early Retirement Incentive and the Post-Fifty- Fifty-Five Early Retirement Incentive if, as the result of a workers’ compensation injury, they must move from a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911) to a state position covered by any other State Retirement Plan. Such teachers must retire from state service and are subject to all other requirements and conditions of Section 1 (A) and (B). The agency in which the workers’ compensation injury occurred shall be responsible for paying any Employer contribution under this provision. C. Years of credit in Section 1 (A) and (B) shall include only the time during which the teacher was employed by the State in a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911). D. The teacher must be receiving an Employer contribution for health and dental coverage at the time of retirement. E. A teacher who retires with no Employer contribution for dependent coverage or who terminates dependent coverage following retirement may add a dependent in accordance with Article 22, Insurance, Section 5B1, Changes Due to a Life Event; however, that teacher shall not subsequently be eligible for an Employer contribution for dependent coverage except when the dependent is the teacher’s spouse and the spouse, immediately at the time of his or her retirement, is enrolled in SEGIP and is receiving an Employer contribution for health and dental insurance. F. Receipt of retirement insurance benefits is dependent on the teacher completing all required forms and continuing to pay any required premium.

Appears in 1 contract

Samples: Labor Agreement

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Conditions for the Pre-Fifty-Five Early Retirement Incentive and Post-Fifty-Five Early Retirement Incentive. A. The teacher must be in a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911) at the time of retirement, except as provided in B below. B. Teachers remain eligible for the Pre-Fifty-Five Early Retirement Incentive and the Post-Fifty- Five Early Retirement Incentive if, as the result of a workers’ compensation injury, they must move from a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911) to a state position covered by any other State Retirement Plan. Such teachers must retire from state service and are subject to all other requirements and conditions of Section 1 (A) and (B). The agency in which the workers’ compensation injury occurred shall be responsible for paying any Employer contribution under this provision. C. Years of credit in Section 1 (A) and (B) shall include only the time during which the teacher was employed by the State in a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911). D. The teacher must be receiving an Employer contribution for health and dental coverage at the time of retirement. E. A teacher who retires with no Employer contribution for dependent coverage or who terminates dependent coverage following retirement may add a dependent in accordance with Article 22, Insurance, Section 5B1, Changes Due to a Life Event; however, that teacher shall not subsequently be eligible for an Employer contribution for dependent coverage except when the dependent is the teacher’s spouse and the spouse, immediately at the time of his or her their retirement, is enrolled in SEGIP and is receiving an Employer contribution for contributionfor health and dental insurance. F. Receipt of retirement insurance benefits is dependent on the teacher completing all required forms and continuing to pay any required premium.

Appears in 1 contract

Samples: Labor Agreement

Conditions for the Pre-Fifty-Five Early Retirement Incentive and Post-Fifty-Five Early Retirement Incentive. A. The teacher must be in a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911) at the time of retirement, except as provided in B below. B. Teachers remain eligible for the Pre-Fifty-Five Early Retirement Incentive and the Post-Fifty- Five Early Retirement Incentive if, as the result of a workers’ compensation injury, they must move from a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911) to a state position covered by any other State Retirement Plan. Such teachers must retire from state service and are subject to all other requirements and conditions of Section 1 (A) and (B). The agency in which the workers’ compensation injury occurred shall be responsible for paying any Employer contribution under this provision. C. Years of credit in Section 1 (A) and (B) shall include only the time during which the teacher was employed by the State in a position covered by the Correctional Employees Retirement Plan (M.S. §§352.91 and 352.911). D. The teacher must be receiving an Employer contribution for health and dental coverage at the time of retirement. E. A teacher who retires with no Employer contribution for dependent coverage or who terminates dependent coverage following retirement may add a dependent in accordance with Article 22, Insurance, Section 5B1, Changes Due to a Life Event; however, that teacher shall not subsequently be eligible for an Employer contribution for dependent coverage except when the dependent is the teacher’s spouse and the spouse, immediately at the time of his or her retirement, is enrolled in SEGIP and is receiving an Employer contribution for health and dental insurance. F. Receipt of retirement insurance benefits is dependent on the teacher completing all required forms and continuing to pay any required premium.

Appears in 1 contract

Samples: Labor Agreement

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