Post-Fifty-Five Early Retirement Incentive. Any supervisor who reaches the age of fifty-five (55) after the effective date and before the expiration date of the contract and who is appointed to a classification covered by the State Patrol Retirement Fund (M.S. §352B) may opt during the pay period in which his/her fifty-fifth (55th) birthday occurs or any time thereafter until the supervisor reaches the age of sixty-five (65) to participate in the Post-Fifty-Five Early Retirement Incentive in accordance with the provisions set forth below. The Employer contribution for health and dental insurance coverage shall be equal to the amount of the monthly Employer contribution applicable to the supervisor at the time of his/her retirement.
Appears in 9 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
