Common use of Insurance Coverage for Retirees Clause in Contracts

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.

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 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.