Pro-Rata Contribution and Reimbursement. If an employee leaves the employment with the BOARD prior to the end of any calendar year (December 31), he/she will be required to reimburse the BOARD a pro-rata share of the BOARD’s contribution towards his/her deductible/Health Savings Account. If an employee is aware that he/she may be leaving prior to December 31 of any year, he/she can make arrangements with the Treasurer’s office to provide a pro-rata contribution towards his/her deductible. Additional pro-rata reimbursement to the BOARD may be necessary if an employee alters his/her plan during the calendar year, such as changing from a family to single coverage, altering working hours to less than full-time or increasing working hours. The BOARD’s contribution will be adjusted, on a pro-rata basis, should an employee alter his/her plan during the calendar year, such as changing from a single to family coverage or increasing working hours to full-time.
Pro-Rata Contribution and Reimbursement. If an employee leaves the employment with the Board prior to the end of any calendar year (December 31), he/she will be required to reimburse the Board a pro-rata share of the Board's contribution towards his/her deductible/health savings account. If an employee is aware that he/she may be leaving prior to December 31 of any year, he/she can make arrangements with the Treasurer's office to provide a pro-rata contribution towards his/her deductible. Additional pro-rata reimbursement to the Board may be necessary if an employee alters his/her plan during the calendar year, such as changing from a family to single coverage, or alters working hours to less than full-time. The Board's contribution will be adjusted, on a pro-rata basis, should an employee alter his/her plan during the calendar year, such as changing from a single to family coverage or increasing working hours to full-time.
Pro-Rata Contribution and Reimbursement. If a teaching staff member retires from their position and notifies the Board prior to April 15th, the April quarterly contribution shall be prorated to reflect the last month in which the member did not receive retirement compensation from STRS. In the event the member notifies the Board of retirement after April 15th, the member shall repay the pro-rated amount of the quarterly contribution for any months in which the member receives retirement compensation from STRS. In either case, insurance coverage for retiring members will cease on the last day of the month prior to a member receiving retirement compensation from STRS. If a teaching member who finishes the school year leaves the employment of the Board for reasons other than retirement, the April quarterly contribution will be the last deposit made by the Board and coverage will cease on July 31st. If a member leaves during the school year, the member may be responsible to reimburse the pro-rata share of the Board’s most recent quarterly contribution and coverage will cease at the end of the month of the last day worked. For example, a member who leaves February 28th shall be responsible to reimburse the Board for one third of the January quarterly contribution. If a teaching staff member is aware that he/she may be leaving prior to December 31 of any year, he/she can make arrangements with the Treasurer’s office to provide a pro-rata contribution towards his/her deductible. Additional pro-rata reimbursement to the Board may be necessary if a teaching staff member alters his/her plan during the calendar year, such as changing from a family to single coverage, or alters working hours to less than full-time. The Board’s contribution will be adjusted, on a pro-rata basis, should a teaching staff member alter his/her plan during the calendar year, such as changing from a single to family coverage or increasing working hours to full-time.
