Health Insurance After Retirement. All teachers who retire from the Corporation shall have the option of continuing the group health insurance at their own expense until they reach the age of sixty-five years old.
Health Insurance After Retirement. After 10 years of employment at the time of retirement, the District will provide the retiring Business Administrator with a statement indicating the number of unused and accumulated sick leave days in the Business Administrator account at the time of retirement. Such days shall have a value equal to 1/240th of the then current salary at the time of retirement. The District will thereafter pay the full cost of the health insurance program in effect for active administrators in the District, except for the cost of dental insurance, family or individual coverage, as the retiree chooses, until exhaustion of the dollar amount of the unused accumulated sick leave at the time of retirement, after which time the District will provide fifty percent (50%) of the premium for individual coverage, except for dental coverage, for the retired Business Administrator for life. The retired Business Administrator has the option of applying the dollar amount equivalent to 50% of individual coverage to offset family coverage at his/her option. If the retired Business Administrator predeceases his/her spouse, the surviving spouse will be entitled to continue under the District health plan by paying 100% of the premium for individual coverage. The retired Business Administrator and spouse will be eligible for the least costly of either the 5-15-30 co-pay prescription drug rider or the drug rider in effect for active administrators in the District. If the Business Administrator becomes permanently and completely disabled (subject to verification by the District's appointed medical personnel) she may participate, in the then-existing health insurance plan to the extent allowed by law and then current carrier policy and contract upon payment by the Business Administrator of any and all costs of such participation. Leaves of Absence
Health Insurance After Retirement. Any administrator employed by the Naples Central School District after July 1, 2006 must be employed by the district in an administrative capacity for a minimum of 10 years, at the time of their retirement from the district as per TRS requirements, to be eligible for health insurance. Administrators employed by the district prior to July 1, 2006 are eligible for district health insurance upon their retirement from the district as per TRS requirements. At the time of retirement, the district will provide the retiring administrator with a statement indicating the number of unused and accumulated sick leave days in the administrator's account at the time of retirement. Such days shall have a value equal to 1/240th of the then current salary for 12-month employees and 1/220th of the then current salary for 11-month employees at the time of retirement. The district will thereafter pay the full cost of the health insurance program in effect for active administrators in the district (except for the cost of dental insurance), family or individual coverage as the retiree chooses, until exhaustion of the dollar amount of the unused accumulated sick leave at the time of retirement, after which time the district will provide fifty percent (50%) of the premium for individual coverage, except for dental coverage, for the retired administrator for life. The retired administrator has the option of applying the dollar amount equivalent to 50% of individual coverage to offset family coverage at his/her option. If the retired administrator predeceases his/her spouse, the surviving spouse will be entitled to continue under the district health plan by continuing to use that administrator’s accumulated sick leave account for the purpose of purchasing health insurance (including dental insurance) until exhaustion of the dollar amount of the unused accumulated sick leave at the time of retirement, after which time the surviving spouse may continue under the district health plan by paying 100% of the premium for individual coverage. The retired administrator and spouse will be eligible for the least costly of either the $5-15-30 copay prescription drug rider; the drug rider in effect for active administrators in the district; or another plan offered to active employees of the District as it may change from time-to-time. If the administrator becomes permanently disabled (subject to verification by the District’s appointed medical personnel) he/she may participate in the then-existi...
Health Insurance After Retirement. Employees in this representation unit with 15 years of service and a PERS retirement from the City shall be eligible for paid medical benefits for themselves and their spouse after retirement. Eligible employees can choose from the Health Plans covered in Section 12. The maximum City contribution will be no more than the Kaiser employee + 1 rate. An employee who meets the above criteria shall qualify for medical coverage for the remainder of his/her life and that of his/her spouse. Retired employees, who move outside a Kaiser or Health Net area, will be compensated by the City for medical benefits for themselves and their spouse not to exceed the Kaiser employee + 1 rate. Compensation will be made quarterly upon proof of coverage and premium payment. Employees hired on or after May 6, 2013 shall be provided this benefit for the employee only, after 20 years of service with a maximum City contribution of two-thirds (2/3) of the Kaiser single premium. Employees hired by the City on or after January 1, 2017, are not eligible for this benefit.
Health Insurance After Retirement. The District will contribute toward payment of the Superintendent’s health insurance premiums as indicated below for single or family coverage, as the case may be, under the same or similar plans as in effect during his employment following his retirement from employment hereunder. To qualify for this benefit, the Superintendent must provide at least ninety (90) days advance notice to the Board that he will retire from his employment hereunder, pursuant to the rules of the New York State Teachers’ Retirement System. Upon reaching the age of Medicare eligibilty, Medicare will become the Superintendent’s primary health insurance coverage for purposes of this provision, and any coverage hereunder provided by the District shall be considered supplementary. The District will contribute the following percentages of the premium cost as indicated by the date which the Superintendent retires: After: Percentage: July 1, 2007 60% July 1, 2008 70% July 1, 2009 70% July 1, 2010 80% July 1, 2011 90% If the Superintendent becomes ineligible for coverage under one of the health insurance plans offered by the District because of a change in his domicile, the District will contribute toward the premium cost of another health insurance plan selected by the Superintendent in a dollar amount not to exceed the contribution limits specified above. Should the Superintendent predecease his wife, this health insurance after retirement benefit will be extended to her and eligible family members for a period of one year. This provision shall survive the expiration of this employment agreement and any extension thereof.
Health Insurance After Retirement a) Teachers covered under the HTA contract who retire on or after July 1, 2008 and immediately start collecting a New York State Retirement allowance shall be entitled to have the District contribute to the monthly cost of health insurance according to the following schedule of years of consecutive employment with the District: Twenty-five(25) years or more Seventy-five percent(75%) Twenty(20) years but less than twenty-five(25) years Seventy percent(70%)
