Common use of Medical Benefit Clause in Contracts

Medical Benefit. The District shall pay the indicated amount toward a retiree's participation in the District medical plan for seven (7) years or to age sixty-five (65), whichever occurs first. If the indicated amount exceeds the premium, the District will pay the premium amount. Years of Full-Time Service or the Equivalent for Part-time Service Yearly Amount Paid Toward Medical 20 $10,000.00 25 $15,000.00 30 Full

Medical Benefit. The District shall pay the indicated amount toward a retiree's ’s participation in the District medical plan for seven (7) years or to age sixty-five (65), whichever occurs first. If the indicated amount exceeds the premium, the District will pay the premium amount. Years of Full-Time Service or the Equivalent for Part-time Service Yearly Amount Paid Toward Medical 20 $10,000.00 3,500.00 25 $15,000.00 4,000.00 30 Full