Common use of Post-Retirement Health and Dental Insurance Clause in Contracts

Post-Retirement Health and Dental Insurance. [a] Employees who retire under the incentive program will continue to be enrolled in group medical and dental programs until they become eligible for Medicare, or for the ten (10) consecutive years following retirement, whichever occurs first. This enrollment is contingent upon the retirees contributing the same premium as required of active employees for the first three (3) years and the full premium, as determined by the District Insurance Committee, for the following seven (7) years. Retirees electing the out-of-area plan pay the difference between the District contribution to the in-area premium and the full premium for the first three (3) years and the full premium, as determined by the District Insurance Committee, for the following seven (7) years.

Appears in 5 contracts

Samples: www.nctq.org, www.nctq.org, resources.finalsite.net

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