Insurance Coverage for Retirees Sample Clauses

Insurance Coverage for Retirees. Subd. 1. The School Board agrees to provide benefits according to Article IX, Section 1, 2, and 6 including any amendments thereto and subject to Subd. 2, 3, and 4 following to principals who retire during the year in which they become 55 or any year thereafter until they have received such benefits for a period not to exceed 5 years. For principals hired effective July 1, 2018 or after, eligibility for retiree insurance includes ten (10) years of continuous service with the school district.
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Insurance Coverage for Retirees. Retirees may continue in the medical/dental group at a paid rate of up to 102% of the premium until they reach Medicare age.
Insurance Coverage for Retirees. Subd. 1. The School District agrees to provide insurance benefits to teachers who have been employed by regular contract and performed services under that contract prior to July 1, 1986, according to Article VIII (Insurance), Section 1 (Health Insurance), 2 (Dental Insurance), 3 (Dependent Benefit Coordination), and 5 (Life Insurance), including any amendments thereto, and subject to Subd. 2, 3, 4, and 5 following to teachers who retire under the provisions of the opening paragraph of Section 2 (Plan One) of this Article. Such benefits shall commence in accordance with TRA eligibility and shall continue for 13 years for employees retiring on or after July 1, 1991. Teachers who take a Five Year Leave of Absence under Article IX (Leaves of Absence), Section 13, (Five Year Leaves of Absence) and who wish to retire while on leave will be eligible for severance pay, but time spent on the Five Year Leave of Absence will be subtracted from the teacher’s thirteen years of coverage under Article VII, Section 3, Subd. 1. Those returning from such leave who are working less than a full school year preceding retirement, will also have time spent on the Five Year Leave of absence subtracted from their thirteen years of coverage under Article VII, Section 3, Subd. 1
Insurance Coverage for Retirees. The provisions of this Article are only applicable to unit members employed on the June 30, 1988 payroll. A unit member, having served fifteen (15) years with the Office, shall continue to have her/his health and dental benefits paid by the Office at the same rate, fully paid or pro-rated as the unit member received before retiring if the unit member retired on or before June 30, 1993. There shall be no gap between separation from service and retirement. The unit member must separate from service (i.e. resign or otherwise conclude their employment and concurrently therewith retire and enter the State Teachers Retirement System). Such benefits will continue until the demise of the insured retiree, at which time the surviving spouse may continue with any medical insurance program at no cost to the Office by paying all premiums to the County Office of Education. If the Office’s policy is changed or discontinued, personnel on retirement status shall continue to receive the benefits granted at the time of retirement. Effective July 1, 1993, retirees who qualify under this Article are eligible to continued medical and dental coverage as hereinafter provided: The Office shall continue to pay premiums for medical and dental insurance coverages to the established cap at the time of retirement for medical and dental. Employees who qualify for such coverage and who desire such coverage, shall pay in advance all sums in excess of the Office’s contribution for the premiums, in the manner required by the Office.
Insurance Coverage for Retirees. Subd. 1. The School District agrees to provide insurance benefits to teachers who have been employed by regular contract and performed services under that contract prior to July 1, 1986, according to Article VIII (Insurance), Section 1 (Health Insurance), 2 (Dental Insurance), 3 (Dependent Benefit Coordination), and 5 (Life Insurance), including any amendments thereto, and subject to Subd. 2, 3, 4, and 5 following to teachers who retire under the provisions of the opening paragraph of Section 2 (Plan One) of this Article. Such benefits shall commence in accordance with TRA eligibility and shall continue for 13 years for employees retiring on or after July 1, 1991. Teachers who take a Five Year Leave of Absence under Article IX (Leaves of Absence), Section 13, (Five Year Leaves of Absence) and who wish to retire while on leave will be eligible for severance pay, but time spent on the Five Year Leave of Absence will be subtracted
Insurance Coverage for Retirees. Any retired teacher of MSD of Xxxxx Township may elect to continue the District approved health insurance plan enrolled in at the time of retirement and to include family members covered at the time of retirement to the extent specified by state statute by paying the total premium.
Insurance Coverage for Retirees. Employees who elect to retire following the age of fifty-five (55), but before turning sixty-five (65) years of age, and who have a cumulative fifteen (15) years of service with the District, may apply for a District-paid medical program, which shall be in accordance with the following conditions and limitations.
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Insurance Coverage for Retirees. (9/1/1972-1/1/2010):
Insurance Coverage for Retirees. Effective July 1, 1989, if an employee retires and has accumulated ninety (90) unused F.W.D. sick days, the Employer will make a monthly contribution of up to Two Hundred Dollars ($200.00) to Blue Cross-Blue Shield or equivalent, for retiree health care coverage until the retiree reaches the ages of sixty-five (65). Retirees shall be responsible to the health care carrier for any health care cost above the $200.00 monthly Employer contribution.

Related to Insurance Coverage for Retirees

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

  • Dental Coverage 206. Each employee covered by this agreement shall be eligible to participate in the City's dental program.

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