Common use of Coverage Selection Prior to Retirement Clause in Contracts

Coverage Selection Prior to Retirement. A faculty member who retires and is entitled to receive an annuity under a State retirement program may change his/her health or dental plan during the sixty (60) calendar day period immediately preceding the date of retirement. The faculty member may not add dependent coverage during this period. The change takes effect on the first day of the month following the date of retirement.

Coverage Selection Prior to Retirement. A faculty member who retires and is entitled eligible to receive an annuity under continue insurance coverage as a State retirement program retiree may change his/her health or dental plan during the sixty (60) calendar day period immediately preceding the date of retirement. The faculty member may not add dependent coverage during this period. The change takes effect on the first day of the month following the date of retirement.