Common use of Coverage After Retirement Clause in Contracts

Coverage After Retirement. The Board agrees to permit each Secretary, who has retired from the Westfield Public Schools under the provisions of the Public Employees Retirement System and is entitled to receive pension payments thereunder, to continue his/her participation in the insurance programs which are the subject of this article and which are in effect as of the time of the Secretary’s retirement from the Westfield Public Schools. In order for a Secretary to be so eligible to continue participation in said insurance programs after the Secretary’s retirement, the Secretary must have retired after fifteen (15) or more years of service in the Westfield Public Schools and must, within (30) days of retirement from the Westfield Public Schools, submit to the Board a request in writing for continued participation in said insurance programs. Each retired Secretary who participates in the insurance programs which are the subject of this Article shall pay the cost for his/her participation, such payment to be made by semi-annual installments paid in advance. Eligibility for participation in said health insurance programs shall cease immediately upon the attainment by the retired Secretary of eligibility to participate in Medicare or upon the Secretary’s death.

Appears in 2 contracts

Samples: www.perc.state.nj.us, www.perc.state.nj.us

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Coverage After Retirement. The Board agrees to permit each SecretaryTeacher, who has retired from the Westfield Public Schools under the provisions of the Public Employees Retirement System New Jersey Teachers' Pension and Annuity Fund and is entitled to receive pension payments thereunder, to continue his/her participation in the insurance programs which are the subject of this article and which are in effect as of the time of the Secretary’s Teacher's retirement from the Westfield Public Schools. In order for a Secretary Teacher to be so eligible to continue participation in said insurance programs after the Secretary’s Teachers' retirement, the Secretary Teacher must have retired after fifteen (15) or more years of service in the Westfield Public Schools and must, within thirty (30) days of retirement from the Westfield Public Schools, submit to the Board a request in writing for continued participation in said insurance programs. Each retired Secretary Teacher who participates in the insurance programs which are the subject of this Article Article, shall pay the cost for his/her participation, such payment to be made by semi-annual semiannual installments paid in advance. Eligibility for participation in said health insurance programs shall cease immediately upon the attainment by the retired Secretary Teacher of eligibility to participate in Medicare or upon the Secretary’s Teacher's death.

Appears in 1 contract

Samples: Agreement

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Coverage After Retirement. The Board agrees to permit each SecretaryTeacher, who has retired from the Westfield Public Schools under the provisions of the Public Employees Retirement System New Jersey Teachers' Pension and Annuity Fund and is entitled to receive pension payments thereunder, to continue his/her participation in the insurance programs which are the subject of this article and which are in effect as of the time of the Secretary’s Teacher's retirement from the Westfield Public Schools. In order for a Secretary Teacher to be so eligible to continue participation in said insurance programs after the Secretary’s Teachers' retirement, the Secretary Teacher must have retired after fifteen (15) or more years of service in the Westfield Public Schools and must, within thirty (30) days of retirement from the Westfield Public Schools, submit to the Board a request in writing for continued participation in said insurance programs. Each retired Secretary Teacher who participates in the insurance programs which are the subject of this Article Article, shall pay the cost for his/her participation, such payment to be made by semi-annual semiannual installments paid in advance. Eligibility for participation in said health insurance programs shall cease immediately upon the attainment by the retired Secretary Teacher of eligibility to participate in Medicare or upon the Secretary’s Teacher's death. This coverage only applies to teachers hired before July 1, 2018.

Appears in 1 contract

Samples: Agreement

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