Common use of Insurance Option Clause in Contracts

Insurance Option. A teacher who retires pursuant to this article shall be eligible to continue participation in the District group medical/hospitalization insurance plan, if permitted by the terms of the policy with the insurance carrier, but shall pay the entire premium for such insurance commencing with the date of his/her retirement. The teacher is responsible to make arrangements with the District Business Office to pay the District the monthly premium amounts in advance and on such date as determined by the District. Such participation and corresponding premiums are subject to the insurance carrier contract currently in effect.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Insurance Option. A teacher who retires pursuant to this article Article shall be eligible to continue participation in the District group medical/hospitalization insurance plan, if permitted by the terms of the policy with the insurance carrier, but shall pay the entire premium for such insurance commencing with the date of his/her retirement. The It is the responsibility of such a teacher is responsible to make arrangements with the District Business Office business office to pay the District the monthly premium amounts in advance and on such date as determined by the District. Such participation and corresponding premiums are premium is subject to the insurance carrier contract currently in effect.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!