Retired Teachers. The BOARD may employ and assign retired teachers as day-to-day substitutes for no more than one hundred school days during the school year and shall pay such teachers the rate paid to day-to-day substitutes. The BOARD shall compensate such retired teachers in accordance with Appendix A-1L. Such retired teachers shall not be eligible for any other benefits provided to bargaining unit employees under this Agreement. The BOARD agrees that the employment and assignment of retired teachers shall not result in the displacement of any appointed or assigned teacher.
Retired Teachers. All teachers retiring after August 31, 1992 will have the option to continue in the Board's Extended Health and Dental Insurance plans. The participant is responsible for 100% of the premium costs for these plans. Payments are to be made in two installments on September 1st and March 1st. The onus is upon the participant to ensure payment is received by the Board on time. Failure to meet the above deadlines will result in automatic cancellation of the benefits. The Board will send notice of the required premium 30 days prior to the due date to the address of last record. The coverage is non-transferable upon death of the retired teacher and will not be extended beyond the month the teacher turns 65 years of age.
Retired Teachers a. If the teacher has retired by the time of the election period, the teacher has the option of cashing out three sick leave days at 50% of their daily rate of pay at retirement or having the equivalent of three days at the full value of their daily rate of pay at retirement deposited into their 403(b) or 457 account.
b. Only teachers who are .5 FTE or above are eligible for the perfect attendance incentive. The incentive will be pro-rated for qualified teachers who are at least .5 but less than 1.
Retired Teachers. Teachers retiring from the District may be eligible under State Law for continuing participation in the District insurance program. All requirements and insurance benefits shall be subject to the provisions of the policy issued by the carrier. The teacher shall pay the cost of the entire premium commencing with the first day of the month following the date of retirement, unless the teacher retires at the end of the school year, in which case the insurance premium will be paid through August 31.
Retired Teachers. For retired Westfield Washington Schools teachers rehired to a contracted position, their initial placement on the salary table shall be as agreed to between them in a salary placement document signed and dated prior to their return to work provided such agreement shall not place them any lower than what is provided for in A. above nor higher than where they would have been placed in the year following retirement had they not retired.
Retired Teachers. Retired teachers shall have the option of remaining within the group at no cost to the district unless prohibited by Minnesota Statute or by the agency or company involved. Teachers who qualify for the severance pay program covered in 13-10 shall have partial premiums paid by the School Board according to 13-10-8.
Retired Teachers. The Board shall provide a teacher at the time of his/her normal retirement the option of participating, at his/her own expense, in the Board’s medical insurance program.
Retired Teachers. Retired teachers will be billed monthly for the insurance premiums by the School District. In the case of life insurance, a retired teacher may participate at his/her own expense in the School District’s group life plan; the payout plan may reduce at age 65, based on the requirements of the insurance carrier.
Retired Teachers. Retired teachers will be allowed to purchase group life and/or medical insurance per underwriting standards, subject to applicable law, provided such retired teachers pay the actual premium cost.
Retired Teachers. As a result of enrolling in CalPERS, the District shall contribute the pre-determined 37 monthly administration fee toward the insurance premium for each retired employee 38 enrolled in one of the Modesto City Schools’ plans prior to July 1, 2006.
