Common use of CONTINUATION OF INSURANCE IN RETIREMENT Clause in Contracts

CONTINUATION OF INSURANCE IN RETIREMENT. Certified staff members qualifying for retirement from Union County/College Corner Joint School District as described in Section C of this Article, may elect to continue their current hospitalization insurance with the corporation group plans until such time as they become Medicare eligible (employee and/or spouse). Retired employees, after working in a school system for a period of no less than fifteen (15) years, with nineteen (19) years of experience or an employee who is disabled while under contract, will be allowed the option of buying into the health insurance plan. a. The teacher shall pay the monthly cost of each full year’s premium by the first of the month. b. Individuals electing this option of insurance continuation must do so in writing within 90 days of the retirement date, to the office of the superintendent.

CONTINUATION OF INSURANCE IN RETIREMENT. Certified staff members qualifying for retirement from Union County/College Corner Joint School District as described in Section C of this Article, may elect to continue their current hospitalization insurance with the corporation group plans until such time as they become Medicare eligible (employee and/or spouse). Retired employees, after working in a school system for a period of no less than fifteen (15) years, with nineteen (19) years of experience or an employee who is disabled while under contract, will be allowed the option of buying into the health insurance plan. a. The teacher shall pay the monthly cost of each full year’s premium by the first of the month. b. Individuals electing this option of insurance continuation must do so in writing within 90 days of the retirement date, to the office of the superintendent.