Common use of Group Insurance Plan Clause in Contracts

Group Insurance Plan. Employees with a minimum of ten (10) years of service with the Board retiring prior to Medicare eligibility may elect to remain in the Group Insurance Program until they become eligible for Medicare; rates applicable to the entire group; the cost of such insurance shall be borne by the retiree, except that the Board shall provide without charge for collection and remittance of premiums for such insurance. Applications must be submitted within thirty (30) days of retirement.

Group Insurance Plan. Employees with a minimum of ten (10) years of service with the Board retiring prior to Medicare eligibility may elect to remain in the Group Insurance Program until they become eligible for Medicare; rates applicable to the entire group; the cost of such insurance shall be borne by the retiree, except that the Board shall provide without charge for collection and remittance of premiums for such insurance. Applications must be submitted within thirty (30) days of retirement.