Health Benefits for Retirees. 1. Teachers who retire with ten (10) years or more experience in District 15 will be permitted to enroll in the District medical/dental benefit plan at their own cost, for a period of five (5) years following retirement, except those retiring pursuant to Article XX paragraph B (Retirement Incentive Option Plan), Letter of Agreement 1: VSOP (contained in the 2006-2009 CTC Negotiated Agreement) the premium rate for such insurance shall be equal to 100% of the active employee rate. 2. The District recognizes that some Teachers may not be eligible for Medicare participation as fully insured Social Security participants. Retired Teachers over the age of sixty-five (65), who meet the following criteria, will be permitted to continue as full benefit members of the District’s Teacher Health Benefit Plan: a. The plan is available only to the retiree who is not eligible to participate in Medicare Parts A and B as a fully covered Social Security participant or whose spouse is not fully covered under Social Security. b. The Teacher must have worked for the District for ten (10) years immediately prior to retirement. c. The plan will provide health benefits contained in the District’s regular Teacher group medical benefit plan. d. The retiree will pay the full single monthly premium at the group rate currently in effect. The Teacher’s spouse may also be enrolled at an additional monthly premium equal to that of the retiree. If the retiree wishes to cover eligible dependents other than his/her spouse, the retiree must enroll for family coverage at the monthly premium currently in effect. e. All premiums are subject to periodic review and may be revised from time to time as determined by the Board. 3. Retired Teachers shall be provided medical and dental insurance coverage that is no less favorable than provided to any other Retired Certified District 15 employee.
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Samples: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement
