Common use of Insurance Provisions Upon Retirement Clause in Contracts

Insurance Provisions Upon Retirement. A. Employees having reached the minimum retirement age (55 years) and accepting retirement benefits as provided under the Public Employees’ Retirement System or State Teachers’ Retirement System, and having a minimum of ten (10) years of full-time service in this district served during the past fifteen (15) years, shall have extended to them group health and dental insurance benefits. Premiums for health and dental insurance benefits shall be paid by the District to the in-force carrier until such a time as the retiree reaches age sixty-five (65) or becomes eligible for Medicare. B. In addition, the retiring employee shall have the option of having dependents included under the same coverage, for medical and dental only, with the retiree making the premium payment for such dependent coverage. Retirees may add dependent medical coverage during the open enrollment period. Dependent coverage may be discontinued, at the retiree’s option, at any subsequent date. Payment for dependent’s premiums shall be remitted semi-annually to the District on due dates as designated. Such payment shall be made in the form of a cashier’s check, certified check, or money order. C. To be eligible for the benefits described in sections A and B above, the employee must meet the requirements above and must have been employed by the District on or before June 30, 2018. Employees hired after June 30, 2018 are not eligible for the benefits described in sections A and B above.

Insurance Provisions Upon Retirement. A. Employees having reached the minimum retirement age (55 years) and accepting retirement benefits as provided under the Public Employees’ Retirement System or State Teachers’ Retirement System, and having a minimum of ten (10) years of full-time service in this district served during the past fifteen (15) years, shall have extended to them group health and dental insurance benefits. Premiums for health and dental insurance benefits shall be paid by the District to capped at the in-force carrier San Diego County rate until such a time as the retiree reaches age sixty-five (65) or becomes eligible for Medicare. B. In addition, the retiring employee shall have the option of having dependents included under the same coverage, for medical and dental only, with the retiree making the premium payment for such dependent coverage. Retirees may add dependent medical coverage during the open enrollment period. Dependent coverage may be discontinued, at the retiree’s option, at any subsequent date. Payment for dependent’s premiums shall be remitted semi-annually to the District on due dates as designated. Such payment shall be made in the form of a cashier’s check, certified check, or money order. C. To be eligible for the benefits described in sections A and B above, the employee must meet the requirements above and must have been employed by the District on or before June 30, 2018. Employees hired after June 30, 2018 are not eligible for the benefits described in sections A and B above.

Insurance Provisions Upon Retirement. A. Employees having reached the minimum retirement age of fifty-five (55 55) years) , and accepting retirement benefits as provided under the Public Employees’ Employees Retirement System or State Teachers’ Retirement System(PERS), and having a minimum of ten (10) years of full-time service insurance eligibility in this district served District during the immediate past fifteen (15) years, shall have extended to them group health and dental insurance benefits. Premiums for health and dental insurance benefits shall be paid by the District to the in-force carrier until such a time as the retiree reaches age sixty-five (65) or becomes eligible for Medicare. B. 9.2.1 In addition, the retiring employee shall have the option of having dependents included under the this same coverage, for medical and dental only, with the retiree making the premium payment for such dependent coverage. Retirees may add This commitment to dependent medical coverage during would be mandatory at the open enrollment periodtime of retirement without showing evidence of insurability per insurance carrier requirements. Following that date, no dependent coverage could be included or added without showing evidence of insurability. Dependent coverage may could be discontinued, discontinued at the retiree’s option, 's option at any subsequent date. Payment for dependent’s dependents’ premiums shall be remitted semi-annually to the District on due dates as designateddesignated by the District. Such payment shall be made in the form of a cashier’s check, certified check, or money order. C. To be eligible for the benefits described in sections A Sections 9.2 and B 9.2.1 above, the employee must meet the requirements above and must have been employed by the District on or before June 30, 2018. Employees hired after June 30, 2018 2018, are not eligible for the benefits described in sections A Sections 9.2 and B 9.2.1 above.