Common use of Retired Teacher Eligibility Clause in Contracts

Retired Teacher Eligibility. A faculty member who chooses to retire may continue to participate in the health insurance program at the same level they were at the time of retirement or on a single plan at the faculty member’s option in the group health insurance program provided by the Board, if that teacher meets the following three qualification requirements: (1) Is at least age fifty (50) on the first day of retirement; (2) Has at least 10 years of service in the School Corporation; and (3) Either is: (a) Enrolled in the group health insurance, dental and/or vision plan at the time of retirement; or (b) otherwise is eligible pursuant to the Plan and IC 51082.6(G). The right to continue membership is contingent upon the retired teacher timely submitting insurance premiums and will continue until the month the retired teacher is eligible for Medicare. The right to continue participating in the School Corporation’s group health insurance plan will terminate upon the earliest date the retiree is eligible for Medicare. If a faculty member fails to pay his/her premium on time, he/she will automatically be dropped from the program at the end of the thirty (30) days and shall not be reinstated.

Retired Teacher Eligibility. A faculty member who chooses to retire may continue to participate in the health insurance program at the same level they were at the time of retirement or on a single plan at the faculty member’s 's option in the group health insurance program provided by the Board, if that teacher meets the following three qualification requirements: (1) Is at least age fifty (50) on the first day of retirement; (2) Has at least 10 years of service in the School Corporation; and (3) Either is: (a) Enrolled in the group health insurance, dental and/or vision plan at the time of retirement; or (b) otherwise is eligible pursuant to the Plan and IC 51082.6(G). The right to continue membership is contingent upon the retired teacher timely submitting insurance premiums and will continue until the month the retired teacher is eligible for Medicare. The right to continue participating in the School Corporation’s 's group health insurance plan will terminate upon the earliest date the retiree is eligible for Medicare. If a faculty member fails to pay his/her premium on time, he/she will automatically be dropped from the program at the end of the thirty (30) days and shall not be reinstated.

Retired Teacher Eligibility. A faculty member who chooses to retire may continue to participate in the health insurance program at the same level they were at the time of retirement or on a single plan at the faculty member’s 's option in the group health insurance program provided by the Board, if that teacher meets the following three qualification requirements: (1) Is at least age fifty (50) on the first day of retirement; (2) Has at least 10 years of service in the School Corporation; and (3) Either is: (a) Enrolled in the group health insurance, dental and/or vision plan at the time of retirement; or (b) otherwise is eligible pursuant to the Plan and IC 51082.6(G5-10-8-2.6(G). The right to continue membership is contingent upon the retired teacher timely submitting insurance premiums and will continue until the month the retired teacher is eligible for Medicare. The right to continue participating in the School Corporation’s 's group health insurance plan will terminate upon the earliest date the retiree is eligible for Medicare. If a faculty member fails to pay his/her premium on time, he/she will automatically be dropped from the program at the end of the thirty (30) days and shall not be reinstated.