Common use of Insurance Retirement Clause in Contracts

Insurance Retirement. 8.01 The Employer agrees to participate and include employees in the South Dakota Public Employees Retirement Plan. 8.02 The Board has an agreement with an insurance company to provide major medical insurance for eligible custodians and their dependents. The school district contributes toward the custodian’s cost of this program on a prorated basis according to the plan elected by the custodian (single, employee/spouse, employee/child(xxx), or family). The following district contribution is based on hours worked weekly; and if the employee and employee spouse participates in a yearly physical examination by July 1. 20-27 hours=37.5% of the premium 28-40 hours=75% of the premium If an employee and/or employee spouse chooses not to participate in a yearly physical examination by July 1, the district contribution is based on hours worked weekly and a reduced district contribution: 20-27 hours=27.5% of the premium 28-40 hours=65% of the premium If the employee chooses not to participate by July 1 of the current year, the premiums paid will be adjusted back to July of the current year at the higher rate. The board agrees to pay one hundred percent (100%) of the cost of the present life insurance plan for all full time employees that desire to participate; three-fourths (.75) the cost of the dental plan now in effect. Employees have the option of taking any of the offered plans. 8.03 Any custodial/maintenance staff member, eligible to receive benefits, employed by the Brookings School District for at least fifteen (15) years in an eligible status, and who has attained the age of 55 years by June 30 of the termination year, and chooses to terminate employment, shall have the option to remain on the district's major medical health insurance policy at the group rate provided he/she is not later employed by an organization that provides health insurance for its employees. This person and his/her spouse, and dependents may remain on the policy at the group rate until he/she attains the age that qualifies for Medicare benefits, unless such an option is not permitted by the school's health insurance carrier. Application for this option to retain the insurance must be made by date of termination. The person terminating employment shall assume responsibility for the entire premium and administrative costs due after employment terminates, with such premiums paid to the insurance company according to a schedule specified by them. The district shall assume no liability for policy cancellation due to late payment. 8.04 The employer agrees to provide reimbursement for each employee to receive their Hepatitis B vaccinations. If this cost is not covered 100% by the major medical plan listed above then said employee shall submit the difference to the district for reimbursement.

Insurance Retirement. 8.01 The Employer agrees to participate and include employees in the South Dakota Public Employees Retirement Plan. 8.02 The Board has an agreement with an insurance company to provide major medical insurance for eligible custodians facilities workers and their dependents. The school district contributes toward the custodianfacilities worker’s cost of this program on a prorated basis according to the plan elected by the custodian facilities worker (single, employee/spouse, employee/child(xxxchild(ren), or family). The following district contribution is based on hours worked weekly; and if the employee and employee spouse participates in a yearly physical examination by July 1. 20-27 hours=37.5% of the premium 28-40 hours=75% of the premium If an employee and/or employee spouse chooses not to participate in a yearly physical examination by July 1, the district contribution is based on hours worked weekly and a reduced district contribution: 20-27 hours=27.5% of the premium 28-40 hours=65% of the premium If the employee chooses not to participate by July 1 of the current year, the premiums paid will be adjusted back to July of the current year at the higher rate. The board agrees to pay one hundred percent (100%) of the cost of the present life insurance plan for all full time employees that desire to participate; three-fourths (.75) the cost of the dental plan now in effect. Employees have the option of taking any of the offered plans. 8.03 Any custodialfacility worker/maintenance staff member, eligible to receive benefits, employed by the Brookings School District for at least fifteen (15) years in an eligible status, and who has attained the age of 55 years by June 30 of the termination year, and chooses to terminate employment, shall have the option to remain on the district's major medical health insurance policy at the group rate provided he/she is not later employed by an organization that provides health insurance for its employees. This person and his/her spouse, and dependents may remain on the policy at the group rate until he/she attains the age that qualifies for Medicare benefits, unless such an option is not permitted by the school's health insurance carrier. Application for this option to retain the insurance must be made by date of termination. The person terminating employment shall assume responsibility for the entire premium and administrative costs due after employment terminates, with such premiums paid to the insurance company according to a schedule specified by them. The district shall assume no liability for policy cancellation due to late payment. 8.04 The employer agrees to provide reimbursement for each employee to receive their Hepatitis B vaccinations. If this cost is not covered 100% by the major medical plan listed above then said employee shall submit the difference to the district for reimbursement. 8.05 A health insurance committee formed by the district will review, research, and recommend a group medical insurance plan to the Board. There will be one (1) facility worker representative on the district insurance committee.

Insurance Retirement. 8.01 The Employer agrees to participate and include employees in the South Dakota Public Employees Retirement Plan. 8.02 The Board has an agreement with an insurance company to provide major medical insurance for eligible custodians and their dependents. The school district contributes toward the custodian’s cost of this program on a prorated basis according to the plan elected by the custodian (single, employee/spouse, employee/child(xxx), or family). The following district contribution is based on hours worked weekly; and if the employee and employee spouse participates in a yearly physical examination by July 1. 20-27 hours=37.5% of the premium 28-40 hours=75% of the premium If an employee and/or employee spouse chooses not to participate in a yearly physical examination by July 1, the district contribution is based on hours worked weekly and a reduced district contribution: 20-27 hours=27.5% of the premium 28-40 hours=65% of the premium If the employee chooses not to participate by July 1 of the current year, the premiums paid will be adjusted back to July of the current year at the higher rate. The board agrees to pay one hundred percent (100%) of the cost of the present life insurance plan for all full time employees that desire to participate; three-fourths (.75) the cost of the dental plan now in effect. Employees have the option of taking any of the offered plans. 8.03 Any custodial/maintenance staff member, eligible to receive benefits, employed by the Brookings School District for at least fifteen (15) years in an eligible status, and who has attained the age of 55 years by June 30 of the termination year, and chooses to terminate employment, shall have the option to remain on the district's major medical health insurance policy at the group rate provided he/she is not later employed by an organization that provides health insurance for its employees. This person and his/her spouse, and dependents may remain on the policy at the group rate until he/she attains the age that qualifies for Medicare benefits, unless such an option is not permitted by the school's health insurance carrier. Application for this option to retain the insurance must be made by date of termination. The person terminating employment shall assume responsibility for the entire premium and administrative costs due after employment terminates, with such premiums paid to the insurance company according to a schedule specified by them. The district shall assume no liability for policy cancellation due to late payment. 8.04 The employer agrees to provide reimbursement for each employee to receive their Hepatitis B vaccinations. If this cost is not covered 100% by the major medical plan listed above then said employee shall submit the difference to the district for reimbursement.

Insurance Retirement. 8.01 The Employer agrees to participate and include employees in the South Dakota Public Employees Retirement Plan. 8.02 The Board has an agreement with an insurance company to provide major medical insurance for eligible custodians and their dependents. The school district contributes toward the custodian’s cost of this program on a prorated basis according to the plan elected by the custodian (single, employee/spouse, employee/child(xxxchild(ren), or family). The following district contribution is based on hours worked weekly; and if the employee and employee spouse participates in a yearly physical examination examination, and complete the online health assessment by July October 1. 20-27 hours=37.5% of the premium 28-40 hours=75% of the premium If an employee and/or employee spouse chooses not to participate in a yearly physical examination examination, and complete the online health assessment by July October 1, the district contribution is based on hours worked weekly and a reduced district contribution: 20-27 hours=27.5% of the premium 28-40 hours=65% of the premium If the employee chooses not to participate by July 1 of the current year, the premiums paid will be adjusted back to July of the current year at the higher rate. The board agrees to pay one hundred percent (100%) of the cost of the present life insurance plan for all full time employees that desire to participate; three-fourths (.75) the cost of the dental plan now in effect. Employees have the option of taking any of the offered plans. 8.03 Any custodial/maintenance staff member, eligible to receive benefits, employed by the Brookings School District for at least fifteen (15) years in an eligible status, and who has attained the age of 55 years by June 30 of the termination year, and chooses to terminate employment, shall have the option to remain on the district's major medical health insurance policy at the group rate provided he/she is not later employed by an organization that provides health insurance for its employees. This person and his/her spouse, and dependents spouse may remain on the policy at the group rate until he/she attains the age that qualifies for Medicare benefits, unless such an option is not permitted by the school's health insurance carrier. Application for this option to retain the insurance must be made by date of termination. The person terminating employment shall assume responsibility for the entire premium and administrative costs due after employment terminates, with such premiums paid to the insurance company according to a schedule specified by them. The district shall assume no liability for policy cancellation due to late payment. 8.04 The employer agrees to provide reimbursement for each employee to receive their Hepatitis B vaccinations. If this cost is not covered 100% by the major medical plan listed above then said employee shall submit the difference to the district for reimbursement.

Insurance Retirement. 8.01 The Employer agrees to participate and include employees in the South Dakota Public Employees Retirement Plan. 8.02 The Board has an agreement with an insurance company to provide major medical insurance for eligible custodians and their dependents. The school district contributes toward the custodian’s cost of this program on a prorated basis according to the plan elected by the custodian (single, employee/spouse, employee/child(xxxchild(ren), or family). The following district contribution is based on hours worked weekly; and if the employee and employee spouse participates in a yearly physical examination by July 1. (The physical requirement for the 2020-21 school year will be waived due to COVID 19) 20-27 hours=37.5% of the premium 28-40 hours=75% of the premium If an employee and/or employee spouse chooses not to participate in a yearly physical examination by July 1, the district contribution is based on hours worked weekly and a reduced district contribution: 20-27 hours=27.5% of the premium 28-40 hours=65% of the premium If the employee chooses not to participate by July 1 of the current year, the premiums paid will be adjusted back to July of the current year at the higher rate. The board agrees to pay one hundred percent (100%) of the cost of the present life insurance plan for all full time employees that desire to participate; three-fourths (.75) the cost of the dental plan now in effect. Employees have the option of taking any of the offered plans. 8.03 Any custodial/maintenance staff member, eligible to receive benefits, employed by the Brookings School District for at least fifteen (15) years in an eligible status, and who has attained the age of 55 years by June 30 of the termination year, and chooses to terminate employment, shall have the option to remain on the district's major medical health insurance policy at the group rate provided he/she is not later employed by an organization that provides health insurance for its employees. This person and his/her spouse, and dependents may remain on the policy at the group rate until he/she attains the age that qualifies for Medicare benefits, unless such an option is not permitted by the school's health insurance carrier. Application for this option to retain the insurance must be made by date of termination. The person terminating employment shall assume responsibility for the entire premium and administrative costs due after employment terminates, with such premiums paid to the insurance company according to a schedule specified by them. The district shall assume no liability for policy cancellation due to late payment. 8.04 The employer agrees to provide reimbursement for each employee to receive their Hepatitis B vaccinations. If this cost is not covered 100% by the major medical plan listed above then said employee shall submit the difference to the district for reimbursement.

Insurance Retirement. 8.01 The Employer agrees to participate and include employees in the South Dakota Public Employees Retirement Plan. 8.02 The Board has an agreement with an insurance company to provide major medical insurance for eligible custodians and their dependents. The school district contributes toward the custodian’s cost of this program on a prorated basis according to the plan elected by the custodian (single, employee/spouse, employee/child(xxxchild(ren), or family). The following district contribution is based on hours worked weekly; and if the employee and employee spouse participates in a yearly physical examination by July 1. 20-27 hours=37.5% of the premium 28-40 hours=75% of the premium If an employee and/or employee spouse chooses not to participate in a yearly physical examination by July 1, the district contribution is based on hours worked weekly and a reduced district contribution: 20-27 hours=27.5% of the premium 28-40 hours=65% of the premium If the employee chooses not to participate by July 1 of the current year, the premiums paid will be adjusted back to July of the current year at the higher rate. The board agrees to pay one hundred percent (100%) of the cost of the present life insurance plan for all full time employees that desire to participate; three-fourths (.75) the cost of the dental plan now in effect. Employees have the option of taking any of the offered plans. 8.03 Any custodial/maintenance staff member, eligible to receive benefits, employed by the Brookings School District for at least fifteen (15) years in an eligible status, and who has attained the age of 55 years by June 30 of the termination year, and chooses to terminate employment, shall have the option to remain on the district's major medical health insurance policy at the group rate provided he/she is not later employed by an organization that provides health insurance for its employees. This person and his/her spouse, and dependents may remain on the policy at the group rate until he/she attains the age that qualifies for Medicare benefits, unless such an option is not permitted by the school's health insurance carrier. Application for this option to retain the insurance must be made by date of termination. The person terminating employment shall assume responsibility for the entire premium and administrative costs due after employment terminates, with such premiums paid to the insurance company according to a schedule specified by them. The district shall assume no liability for policy cancellation due to late payment. 8.04 The employer agrees to provide reimbursement for each employee to receive their Hepatitis B vaccinations. If this cost is not covered 100% by the major medical plan listed above then said employee shall submit the difference to the district for reimbursement.