District Contribution for Retirees Sample Clauses

District Contribution for Retirees. In addition, the District shall continue its contribution to the health/major medical insurance plan for all unit members who retire between the age of 53 and 65 with at least ten (10) full years of service credit. Such contribution shall commence upon such early retirement during the term of this Agreement, and shall terminate upon age 65. The District's contribution shall be $6,000.00 plus 50% of the amount of the premium over $6,000.00 for a Blue Cross plan.
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District Contribution for Retirees. 22.6.2.1 The required District contribution for an eligible retiree for benefits shall, if required, be Eleven Thousand Six Hundred Eleven Dollars ($11,611). ● Any unit member who retired on or before June 30, 2014 shall continue to receive (annually, if required) up to the amount they were receiving on June 30, 2014. ● Any unit member who has retired, or does retire, on a date from July 1, 2014 through and including June 30, 2017, shall receive (annually, if required) up to $12,095. ● Any unit member who retired after June 30, 2017 shall receive $11,611. 22.6.2.2 Each enrolled retiree shall, if required, pay any additional amount in advance to the District Office to maintain their coverage in effect.
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District Contribution for Retirees. 22.3.2.1 The required District contribution for an eligible retiree for benefits shall, if required, be Eleven Thousand Six Hundred Eleven Dollars ($11,611). 22.3.2.2 Each enrolled retiree shall, if required, pay any additional amount in advance to the District Office to maintain their coverage in effect.
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Related to District Contribution for Retirees

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Eligibility for Employer Contribution This section describes eligibility for an Employer Contribution toward the cost of coverage.

  • Probation for Newly Hired Employees (a) The Employer may reject a probationary employee for just cause. A rejection during probation shall not be considered a dismissal for the purpose of Article 11.2

  • Leave Without Pay for Relocation of Spouse (a) At the request of an employee, leave without pay for a period of up to one (1) year shall be granted to an employee whose spouse is permanently relocated, and up to five (5) years to an employee whose spouse is temporarily relocated. (b) Leave without pay granted under this clause shall be deducted from the calculation of “continuous employment” for the purpose of calculating severance pay and vacation leave for the employee involved except where the period of such leave is less than three (3) months. (c) Time spent on such leave which is for a period of more than three (3) months shall not be counted for pay increment purposes.

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