Dependent Medical Allowance for Employee Hired Prior To January 1, 1994, and Retires On or After August 1, 1994 Sample Clauses

Dependent Medical Allowance for Employee Hired Prior To January 1, 1994, and Retires On or After August 1, 1994. 1) The retired employee’s dependents shall receive an allowance based upon a percentage equated to the completed years of service of the employee prior to retirement (see table below), applied to the allowance for dependent benefits incurred by the District. When the retiree and/or his or her dependent attains the age of sixty-five (65) or Medicare eligibility, whichever comes first, the medical portion of the allowance shall be based upon the applicable Supplemental Medicare Insurance.
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