Life Insurance for Retired Employees. The District shall pay for the same insurance policy as listed in Section 2 for retired administrators and their families, including children up to the age of years nineteen (19) or twenty-five (25) if a full-time student.
Life Insurance for Retired Employees. 30.4.1 In the event of the death of an employee who retired life insurance shall be established in the amount of $7,500.