Common use of Medical Insurance Benefits Upon Retirement for Paraprofessionals Clause in Contracts

Medical Insurance Benefits Upon Retirement for Paraprofessionals. 2.4.5.1.1 With a minimum of ten (10) years of service in the Konocti Unified School District, and retiring from this District, the following contributions will be made by the District toward the retiree’s medical (composite rate) premium: Ten (10) years of service in the District – 50% Twenty (20) years of service in the District – 100% 2.4.5.1.2 The amount paid for retiree benefits shall not exceed what the district pays for current employees. This amount shall be pro-rated for part-time employees in the same ratio that hours worked is to an eight- (8) hour position. 2.4.5.1.3 Benefits are pro-rated for part-time employees based on the average number of hours of the employee’s regular assignment during the last three (3) years prior to retirement. 2.4.5.1.4 Retired employees eligible for district-paid medical benefits may select from the following three (3) options: (the monthly premium for said benefits is understood to be the same as the premium paid by the District for active employees) 2.4.5.1.4.1 Participate in current District-paid medical Plan. 2.4.5.1.4.2 Select and enroll in own insurance plan. The premium will be paid directly to the selected plan. 2.4.5.1.4.3 Cash payment of the premium, less applicable taxes, to be paid directly to the participant. 2.4.5.1.5 This section applies to employees hired before September 15, 1983. 2.4.5.1.6 Retirees hired on or after September 16, 1983 will have the option of continuing health benefits at no cost to the district.

Medical Insurance Benefits Upon Retirement for Paraprofessionals. 2.4.5.1.1 With a minimum of ten (10) years of service in the Konocti Unified School District, and retiring from this District, the following contributions will be made by the District toward the retiree’s medical (composite rate) premium: Ten (10) years of service in the District – 50% Twenty (20) years of service in the District – 100% 2.4.5.1.2 The amount paid for retiree benefits shall not exceed what the district pays for current employees. This amount shall be pro-rated for part-time employees in the same ratio that hours worked is to an eight- (8) hour position.hour 2.4.5.1.3 Benefits are pro-rated for part-time employees based on the average number of hours of the employee’s regular assignment during the last three (3) years prior to retirement. 2.4.5.1.4 Retired employees eligible for district-paid medical benefits may select from the following three (3) options: (the monthly premium for said benefits is understood to be the same as the premium paid by the District for active employees) 2.4.5.1.4.1 Participate in current District-paid medical Plan. 2.4.5.1.4.2 Select and enroll in own insurance plan. The premium will be paid directly to the selected plan. 2.4.5.1.4.3 Cash payment of the premium, less applicable taxes, to be paid directly to the participant. 2.4.5.1.5 This section applies to employees hired before September 15, 1983. 2.4.5.1.6 Retirees hired on or after September 16, 1983 will have the option of continuing health benefits at no cost to the district.