Common use of Early Retirement Eligibility Clause in Contracts

Early Retirement Eligibility. a. Eligible retirees are those unit members who retire no younger than age 50 with at least 15 years of service to the District. Eligibility for retiree insurance, as specified in Subsection 2, shall be limited to those retirees who were eligible for insurance as active employees. Eligibility under this section ceases upon attainment of age 65. b. Retirees approved for this program shall not be eligible for a period of more than five years, regardless of age. c. Retirees shall not be eligible for this program if they are entitled to health benefits through either subsequent employment, spouse’s insurance coverage, or other insurance coverage. a. The retiree shall provide twenty (20) eight-hour days of service per year to be eligible. At least (10) days shall be required prior to December 31 and all 20 days shall be completed by June 30. The arrangement of these days is to be approved mutually by the District and retiree on an annual basis prior to the first day of school each year. The functions to be performed shall be approved mutually by the District and retiree. b. Should any retiree under this article fail to perform satisfactory service without making mutually agreed upon arrangements to perform the service at a later date, such retiree shall be dropped immediately from coverage under this program and shall reimburse the District for all expenditures made on his/her behalf during the year of default. The Association shall reimburse the District for any amount not reimbursed by the retiree within thirty (30) days after notice to the retiree. The District may deduct such amount from the unified dues otherwise owed to the Association. c. Should the District medical insurance carrier decline to provide the proposed coverage or should any provision of this article be invalid or be declared invalid by PERB or a California court, the entire article shall be null and void. d. All arrangements between the District and retirees under this section shall be null and void unless the Retiree Insurance Coverage remains a valid provision in the contract between the District and the Association. e. The District may require additional service to cover any rate increase unless the retiree contributes the amounts requested to defray such increase by the first day of each month in which such increase is effective. Failure to pay the increase by the first day of each month shall result in the retiree being dropped immediately from coverage under this program.

Appears in 2 contracts

Samples: Classified Employees' Agreement, Classified Employees' Agreement

AutoNDA by SimpleDocs

Early Retirement Eligibility. a. Eligible retirees are those unit members who retire no younger than age 50 with at least 15 years of service to the District. Eligibility for retiree insurance, as specified in Subsection 2, shall be limited to those retirees who were eligible for insurance as active employees. Eligibility under this section ceases upon attainment of age 65.. MOU 1/29/2021 b. Retirees approved for this program shall not be eligible for a period of more than five years, regardless of age. c. Retirees shall not be eligible for this program if they are entitled to health benefits through either subsequent employment, spouse’s insurance coverage, or other insurance coverage. a. The retiree shall provide twenty (20) eight-hour days of service per year to be eligible. At least (10) days shall be required prior to December 31 and all 20 days shall be completed by June 30. The arrangement of these days is to be approved mutually by the District and retiree on an annual basis prior to the first day of school each year. The functions to be performed shall be approved mutually by the District and retiree. b. Should any retiree under this article fail to perform satisfactory service without making mutually agreed upon arrangements to perform the service at a later date, such retiree shall be dropped immediately from coverage under this program and shall reimburse the District for all expenditures made on his/her behalf during the year of default. The Association shall reimburse the District for any amount not reimbursed by the retiree within thirty (30) days after notice to the retiree. The District may deduct such amount from the unified dues otherwise owed to the Association. c. Should the District medical insurance carrier decline to provide the proposed coverage or should any provision of this article be invalid or be declared invalid by PERB or a California court, the entire article shall be null and void. d. All arrangements between the District and retirees under this section shall be null and void unless the Retiree Insurance Coverage remains a valid provision in the contract between the District and the Association. e. The District may require additional service to cover any rate increase unless the retiree contributes the amounts requested to defray such increase by the first day of each month in which such increase is effective. Failure to pay the increase by the first day of each month shall result in the retiree being dropped immediately from coverage under this program.

Appears in 1 contract

Samples: Classified Employees' Agreement

AutoNDA by SimpleDocs

Early Retirement Eligibility. a. Eligible Xxxxxxxx retirees are those unit members who retire no younger than age 50 with at least 15 years of service to the District. Eligibility for retiree insurance, as specified in Subsection 2, shall be limited to those retirees who were eligible for insurance as active employees. Eligibility under this section ceases upon attainment of age 65.. MOU 1/29/2021 b. Retirees approved for this program shall not be eligible for a period of more than five years, regardless of age. c. Retirees shall not be eligible for this program if they are entitled to health benefits through either subsequent employment, spouse’s insurance coverage, or other insurance coverage. a. The retiree shall provide twenty (20) eight-hour days of service per year to be eligible. At least (10) days shall be required prior to December 31 and all 20 days shall be completed by June 30. The arrangement of these days is to be approved mutually by the District and retiree on an annual basis prior to the first day of school each year. The functions to be performed shall be approved mutually by the District and retiree. b. Should any retiree under this article fail to perform satisfactory service without making mutually agreed upon arrangements to perform the service at a later date, such retiree shall be dropped immediately from coverage under this program and shall reimburse the District for all expenditures made on his/her behalf during the year of default. The Association shall reimburse the District for any amount not reimbursed by the retiree within thirty (30) days after notice to the retiree. The District may deduct such amount from the unified dues otherwise owed to the Association. c. Should the District medical insurance carrier decline to provide the proposed coverage or should any provision of this article be invalid or be declared invalid by PERB or a California court, the entire article shall be null and void. d. All arrangements between the District and retirees under this section shall be null and void unless the Retiree Insurance Coverage remains a valid provision in the contract between the District and the Association. e. The District may require additional service to cover any rate increase unless the retiree contributes the amounts requested to defray such increase by the first day of each month in which such increase is effective. Failure to pay the increase by the first day of each month shall result in the retiree being dropped immediately from coverage under this program.

Appears in 1 contract

Samples: Classified Employees' Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!