Newly Hired Faculty Members Hired on or after July 1, 2004 Sample Clauses

Newly Hired Faculty Members Hired on or after July 1, 2004. 6 a. Eligible faculty members retiring from regular contract service at the age of 55 7 or older with at least ten years of creditable service (as defined by STRS or 8 PERS) receive these retiree benefits. 10 The term "newly hired unit faculty members" is defined as faculty who are 11 hired as probationary or permanent on or after July 1, 2004. 13 Contract (probationary) or regular [tenured or permanent] faculty with prior 14 service as Xxxxxxx temporary faculty (i.e. part-time temporary, sabbatical 15 replacement, categorically funded etc.) will receive pro-rated credit in the 16 proportion that each year of temporary faculty service bears to a year of full-time 17 service based on the full-time base contract load (CBA Article 18.A). 19 b. Qualifying employees hired on or after July 1, 2004 who retire before attaining 20 the age of Medicare eligibility (currently, age 65 with minor exceptions) will be 21 able to continue coverage, including spousal and eligible dependent coverage, 22 that is consistent with the coverage offered to active employees at the time of 23 retirement, at District expense, until s/he reaches the age of Medicare eligibility 24 (currently, age 65). When they become eligible for Medicare, these employees 25 shall enroll in Medicare Parts A and B. Upon reaching Medicare eligibility age, 26 the District’s obligation to pay benefits shall cease, and no other District paid 27 benefit shall be available. 29 c. Any spouse or dependent of a retired faculty member who was hired on or after 30 July 1, 2004, shall be covered during the retiree’s lifetime consistent with the 31 coverage offered to active employees at the time of retirement, until the spouse 32 or dependent reaches the age of Medicare eligibility (currently, age 65), or until 33 s/he is no longer a spouse or dependent as defined in Article 22.E.1.a., b., and 34 d. above.
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