Retired Teacher Benefits Sample Clauses

Retired Teacher Benefits. Retired teachers shall be eligible to continue participation in the district group insurance programs, as provided by M.C.A. 2-18-704. It shall be the responsibility of said teacher to make appropriate arrangements with the district office to pay to the school district the monthly premiums in advance of the premium due dates.
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Retired Teacher Benefits. Retired teachers shall be eligible to utilize a conversion policy with the existing carrier but shall pay the entire premiums for such coverage, as per 2-18-704, M.C.A.
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Retired Teacher Benefits. A. Retiring members of the teaching profession may have the option of participating in the medical plans offered through the Regional District No. 17 to current teachers, if the retiring member is not participating in Medicare Part A and B, with the retired teacher paying his/her own way directly to the Regional School District No. 17
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Retired Teacher Benefits. 7.3.2.1. For a retired teacher who is hired by the School Division on a contract of employment other than substitute teaching and who is receiving a teacher pension, the School Division will, each month that the teacher is employed, reimburse the monthly premiums for an amount equivalent to the ASEBP Early Retirement Plan Option One and Alberta Health Care premiums. 7.3.2.2. Effective September 1, 2022, all references to “Alberta Health Care Premiums” in the collective agreement will be removed. 7.3.2.3. The cost to the School Division of such premiums will be the lesser of the ASEBP retirement package premiums that the teacher may already be paying or the premium for another similar package selected by the teacher upon retirement. The premium reimbursement will be paid according to the number of calendar days that the contract is in effect divided by three hundred sixty- five (365), times the annual premium. 7.3.2.4. The teacher upon employment under a contract must provide the School Division with documentation from Alberta Health Care, ASEBP or a similar plan regarding their benefit premium costs.
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Retired Teacher Benefits. Retired teachers shall be eligible to continue participation in the Board’s group insurance program, but shall pay the entire premiums for such coverage commencing with the date of retirement. It shall be the responsibility of said teacher to make appropriate arrangements with the School District Business Office to pay to the school district the monthly premiums in advance of premium due dates. (Unless otherwise negotiated through an Early Retirement Incentive package.) Upon retirement from the District, the School District shall continue to pay toward the health insurance premiums at the rate specified by the Master Agreement, Article XI, 11.1b at the retiree rate for a maximum of three (3) years. In order to qualify for this retirement benefit, a teacher must have spent the last twenty (20) years of teaching, prior to retirement, in Jordan School District #1. The teacher must be drawing retirement from the Montana Teachers’ Retirement System in order to receive the insurance payment.
Sample 1
Retired Teacher Benefits. 7.3.2.1 For a retired teacher who is hired by the School Division on a contract of employment other than substitute teaching and who is receiving a teacher pension, the School Division will, each month that the teacher is employed, reimburse the monthly premiums for an amount equivalent to the ASEBP Early Retirement Plan Option One and Alberta Health Care premiums. 7.3.2.2 The cost to the School Division of such premiums will be the lesser of the ASEBP retirement package premiums that the teacher may already be paying or the premium for another similar package selected by the teacher upon retirement. The premium reimbursement will be paid according to the number of calendar days that the contract is in effect divided by three hundred sixty five (365), times the annual premium. 7.3.2.3 The teacher upon employment under a contract must provide the School Division with documentation from Alberta Health Care, ASEBP or a similar plan regarding their benefit premium costs.
Sample 1
Retired Teacher Benefits. Retired teachers shall be eligible for participation in the Board's group insurance programs, but shall pay the entire premium for such coverage commencing with the date of retirement. It shall be the responsibility of said teacher to make appropriate arrangements with the district business office to pay the school district the monthly premiums in advance of premiums due dates.
Sample 1
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Retired Teacher Benefits. The Roundup Public Schools, Districts 55 and 55H shall provide a retired teacher, who has either a minimum fifteen (15) years teaching experience or has reached the age of fifty-five (55), the option of continuing in the District’s group health and accident plan in force at the time of retirement, provided said teacher pay the monthly premium of such insurance.
Sample 1

Related to Retired Teacher Benefits

  • Other Benefits During the Term, the Executive shall be eligible to participate in or receive benefits under the Company’s employee benefit plans in effect from time to time, subject to the terms of such plans.

  • Survivor Benefits 1. A surviving dependent of a retiree who was eligible to receive a Retiree Medical Grant, as stated above in A through C, and who qualifies for a monthly allowance shall be eligible for fifty (50) percent of the Grant authorized for the retiree. 2. A surviving eligible retiree who qualifies for a monthly retirement allowance who was married to a retiree who was also eligible for a Grant shall receive the survivor benefit described in D.1., above, or his or her own Grant, whichever is greater. Such retiree shall not be eligible for both Grants.

  • Death Benefits Upon the Executive’s death during the Contract Period, the Executive’s estate shall not be entitled to any further benefits under this Agreement.

  • Dental Benefits The County offers dental and orthodontic benefits to full and part-time regular employees and their eligible dependent(s). Benefit provisions, co­ payments and deductibles are outlined in the Evidence of Coverage. The employee contribution is $13 per pay period ($28.26 per month). The County shall contribute to part-time eligible employees on a pro-rated basis, in accordance with Section 10.2.6.

  • Regular Benefits The Executive shall also be entitled to participate in any and all employee benefit plans, medical insurance plans, life insurance plans, disability income plans, retirement plans, bonus incentive plans and other benefit plans from time to time in effect for senior executives of the Employer. Such participation shall be subject to (i) the terms of the applicable plan documents, (ii) generally applicable policies of the Employer and (iii) the discretion of the Board of Directors of the Employer or any administrative or other committee provided for in or contemplated by such plan.

  • Long Term Disability Benefits A benefit level of seventy percent (70%) of monthly earnings shall apply. Benefits would commence after a waiting period of seventeen (17) weeks, when Short Term Disability Benefits terminate. Terms of the Master Policy with the Insurance Company shall apply. In order to go on LTD, the person must: (a) Be off work for seventeen (17) consecutive weeks with the same or unrelated illness or injury. (b) Be off work for a total of seventeen (17) weeks with the same illness or injury providing that the return to work was less than twenty (20) consecutive days.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Other Benefits and Perquisites The Executive shall be entitled to participate in the benefit plans provided by the Company for all employees, generally, and for the Company’s executive employees. The Company shall be entitled to change or terminate these plans in its sole discretion at any time.

  • Medical Benefits The Company shall reimburse the Employee for the cost of the Employee's group health, vision and dental plan coverage in effect until the end of the Termination Period. The Employee may use this payment, as well as any other payment made under this Section 6, for such continuation coverage or for any other purpose. To the extent the Employee pays the cost of such coverage, and the cost of such coverage is not deductible as a medical expense by the Employee, the Company shall "gross-up" the amount of such reimbursement for all taxes payable by the Employee on the amount of such reimbursement and the amount of such gross-up.

  • Layoff Benefits All rights to which a certificated employee was entitled at the time of his/her layoff including unused accumulated sick leave and credits toward leave eligibility will be restored to the certificated employee upon his/her return to active employment, and the certificated employee will be placed upon the proper step of the salary schedule for the certificated employee's current position according to the certificated employee's experience and education.

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