Health Care Legislation. The District and the Exclusive Representatives shall consult on the implementation of Education Code sections 7000-7008, Medicare Part D provisions and the District’s obligation to address Governmental Accounting Standards Board (GASB) Statements 43 and 45. In the absence of an agreement to do otherwise, the Federal Medicare Part D subsidy will be held in a reserve fund for future retiree health care related to GASB 45 obligations. In the event that new health care legislation is enacted and the District is required to implement a plan pursuant to such legislation, the District and the Exclusive Representatives shall consult in order to assess the effects of such legislation.
Appears in 4 contracts
Samples: Benefit Agreement, Agreement, Agreement
