Common use of Retired Teachers Clause in Contracts

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.

Appears in 3 contracts

Samples: Purpose of Agreement, Purpose of Agreement, Purpose of Agreement

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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, 65 based on the requirements of the insurance carrier.

Appears in 1 contract

Samples: Agreement

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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 planplan up until age 70; the payout plan may reduce at age 65, 65 based on the requirements of the insurance carrier.

Appears in 1 contract

Samples: Master Agreement

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