Common use of Effect of Medicare Clause in Contracts

Effect of Medicare. Upon attaining eligibility to participate in Medicare Part B benefits, the formula used to calculate the District’s contribution to an eligible retiree’s HRA will be adjusted to be based on the premium for participation in a Medicare supplement plan, minus any minimum contribution paid directly to CalPERS. For employees who retired on or prior to June 30, 2021, the Medicare supplement plan rate used for this calculation will be no greater than the PERS Choice Medicare supplement plan rate that was in effect on the date of the employee’s retirement from District service. For employees who retire on or after July 1, 2021, the Medicare supplement plan rate used for this calculation will be no greater than the PERS Choice Medicare supplement plan rate in effect on the date on which the retired employee becomes eligible for Medicare.