Early Retirement Health Benefits. The District will pay up to a maximum of ten thousand two hundred dollars ($10,200) per fiscal year for the medical, dental and vision insurance of the retiring employee and his/her spouse, domestic partner, or eligible dependent, providing the following conditions are met: A. The employee must have been employed as a regular employee for nine (9) or more years of consecutive service in the District immediately prior to retirement. B. The employee must have been eligible and covered under one (1) of the District sponsored medical, dental or vision insurance plans in force immediately prior to retirement. C. To be eligible for this benefit, the employee must retire at or after age fifty-five (55) but before age sixty-five (65). D. Employees who elect coverage under provisions of this Section shall notify the District Accounting Office at the time of retirement and annually thereafter.
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Samples: Collective Bargaining Agreement
