Retired Employees Benefits. The parties agree that the total annual contribution for medical benefits for retirees between the ages of 55-65 with fifteen (15) years of service with the District, including the CalPERS minimum base rate and District supplemental reimbursement shall not exceed $3000 per year effective January 1, 2010.
Retired Employees Benefits. Any employee hired after 7/1/2019 must be employed by the town for Twenty (20) years to receive the benefits contained in this section. Those employees hired after 7/1/2019 who do not reach twenty (20) years of employment with the Town shall not be entitled to any retiree healthcare benefits from the Town.
Retired Employees Benefits