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
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
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