Health Care Benefit for Retirees. To be eligible for retirement, the employee must have the equivalent of five years of full-time service with Los Xxxx, be vested in either CalSTRS or CalPERS and (a) be at least age fifty-five (55), or (b) between the ages of fifty (50) and fifty-five (55) and receiving disability income under the District’s Disability Income Protection Plan immediately prior to retirement. Retirement from the District requires that the employee submit a request for retirement to Human Resources and receives approval of the request by the Chancellor, or designee. 12.10.1 The District shall make monthly contributions for regular members of the bargaining unit age 55 and over who have seven (7) full-time prior years of service with the District at the time of retirement and who retire during the term of this contract. Contributions will be prorated as a percentage of the seven (7) year cumulative base assignment in proportion to the hours the base assignment is to full time over the seven (7) year period for those unit members employed before June 30, 1990. 12.10.2 For full-time regular members of the bargaining unit who were hired after June 30, 1990, the District shall make monthly contributions for full-time regular members of the bargaining unit, who retire from the District as defined above and who are age 55 and over and have fifteen (15) full-time prior years of service with the District at the time of retirement. 12.10.3 The current District contribution of up to $256 per month for eligible unit members shall be made toward the premium cost of medical insurance for the retiree only. 12.10.3.1 Dependents of retirees are eligible to participate in the District’s plan, as long as the retiree is also a participant and may enroll at the same time as the retiree or during any open enrollment period. Enrolled dependents may continue to participate in the District plan following the retiree’s death, but may not re-enter the plan if they dis-enroll after the retiree death. 12.10.4 Contributions shall be established by the Board of Trustees and shall be provided for the premium cost of medical insurance for the retiree only. The amount of the District contribution toward retiree health care benefits may exceed the above amount if such increase is determined by policies publicly adopted by the Board of Trustees (Policy 6622). The maximum monthly contribution is the lesser of the amount determined by the Board, or the total combined health care and Medicare premiums for the individual retiree.
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Health Care Benefit for Retirees. To be eligible for retirement, the employee must have the equivalent of five years of full-time service with Los Xxxx, be vested in either CalSTRS or CalPERS and (a) be at least age fifty-five (55), or (b) between the ages of fifty (50) and fifty-five (55) and receiving disability income under the District’s Disability Income Protection Plan immediately prior to retirement. Retirement from the District requires that the employee submit a request for retirement to Human Resources and receives approval of the request by the Chancellor, or designee.
12.10.1 The District shall make monthly contributions for regular members of the bargaining unit age 55 and over who have seven (7) full-time prior years of service with the District at the time of retirement and who retire during the term of this contract. Contributions will be prorated as a percentage of the seven (7) year cumulative base assignment in proportion to the hours the base assignment is to full time over the seven (7) year period for those unit members employed before June 30, 1990.
12.10.2 For full-time regular members of the bargaining unit who were hired after June 30, 1990, the District shall make monthly contributions for full-time regular members of the bargaining unit, who retire from the District as defined above and who are age 55 and over and have fifteen (15) full-time prior years of service with the District at the time of retirement.
12.10.3 The current District contribution of up to $256 306 per month for eligible unit members shall be made toward the premium cost of medical insurance for the retiree only.
12.10.3.1 Dependents of retirees are eligible to participate in the District’s plan, as long as the retiree is also a participant and may enroll at the same time as the retiree or during any open enrollment period. Enrolled dependents may continue to participate in the District plan following the retiree’s death, but may not re-enter the plan if they dis-enroll after the retiree death.
12.10.4 Contributions shall be established by the Board of Trustees and shall be provided for the premium cost of medical insurance for the retiree only. The amount of the District contribution toward retiree health care benefits may exceed the above amount if such increase is determined by policies publicly adopted by the Board of Trustees (Policy 6622). The maximum monthly contribution is the lesser of the amount determined by the Board, or the total combined health care and Medicare premiums for the individual retiree.
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Samples: Collective Bargaining Agreement