PENSIONERS’ LIFE INSURANCE. Life insurance will be provided to all employees who retire from the District as follows: A. First year of retirement, fifty percent (50%) of the basic group life insurance; B. Second year of retirement, forty percent (40%) of the basic group life insurance; C. Third year of retirement, thirty percent (30%) of the basic group life insurance; D. Fourth and subsequent years of retirement, twenty percent (20%) of the basic group life insurance. This section is subject to the provisions of Section 5.1 “Group Insurance and District Self-Funded Plans”.
Appears in 3 contracts
Samples: Labor Agreement, Labor Agreement, Collective Bargaining Agreement
PENSIONERS’ LIFE INSURANCE. Life insurance will be provided to all employees who retire from the District employment as follows:
A. First year of retirement, fifty percent (50%) of the basic group life insurance;
B. Second year of retirement, forty percent (40%) of the basic group life insurance;
C. Third year of retirement, thirty percent (30%) of the basic group life insurance;
D. Fourth and subsequent years of retirement, twenty percent (20%) of the basic group life insurance. This section Section is subject to the provisions of Section 5.1 contract language governing “Group Insurance and District Self-Self- Funded Plans”.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
PENSIONERS’ LIFE INSURANCE. Life insurance will be provided to all employees who retire from the District as follows:
A. First year of retirement, fifty percent (50%) of the basic group life insurance;
B. Second year of retirement, forty percent (40%) of the basic group life insurance;
C. Third year of retirement, thirty percent (30%) of the basic group life insurance;
D. Fourth and subsequent years of retirement, twenty percent (20%) of the basic group life insurance. This section is subject to the provisions of Section 5.1 “Group Insurance and District Self-Funded Self−Funded Plans”.
Appears in 2 contracts
PENSIONERS’ LIFE INSURANCE. Life insurance will be provided to all employees who retire from the District employment as follows:
A. First year of retirement, fifty percent (50%) of the basic group life insurance;
B. Second year of retirement, forty percent (40%) of the basic group life insurance;
C. Third year of retirement, thirty percent (30%) of the basic group life insurance;
D. Fourth and subsequent years of retirement, twenty percent (20%) of the basic group life insurance. This section Section is subject to the provisions of Section 5.1 contract language governing “Group Insurance and District Self-Funded Plans”.
Appears in 1 contract
Samples: Collective Bargaining Agreement
