Length of Benefit. An eligible retired unit member under Section 16.4 has a vested right to deferred compensation in the form of retirement medical benefits that are premium-free up to the level of the most expensive Medicare Risk HMO that will continue during the life of the retiree. Upon the death of the retiree, the retiree’s spouse may continue group coverage at his/her own expense and with advance payments as determined by the District, subject to the following:
Appears in 7 contracts
Length of Benefit. An eligible retired unit member under Section 16.4 has a vested right to deferred compensation in the form of retirement medical benefits that are premium-free up to the level of the most expensive Medicare Risk HMO that will continue during the life of the retiree. Upon the death of the retiree, the retiree’s spouse may continue group coverage at his/her their own expense and with advance payments as determined by the District, subject to the following:
Appears in 3 contracts
