Common use of Retiree Eligibility Clause in Contracts

Retiree Eligibility. 5.2.1 Bargaining unit members must be at least fifty-five years of age. In addition, bargaining unit members must have contributed to PERS or STRS for a minimum of five years. 5.2.2 (Office, Technical and Paraprofessional Union only) The spouse of eligible retired unit members shall continue to be covered with health insurance until the retiree has reached age sixty-five. After age sixty-five eligible retired unit members may retain health insurance coverage for the retiree's spouse until the retiree reaches 65, provided the retiree remits to the District the full cost of the spouse’s participation in the health insurance program. (Maintenance and Operations Union only) The spouse of eligible retired unit members shall continue to be covered with health insurance until the spouse has reached age sixty-five. After age sixty-five eligible retired unit members may retain health insurance coverage for the retiree’s spouse until the spouse reaches 65, provided the retiree remits to the District the full cost of the spouse’s participation in the health insurance program. 5.2.3 In order to receive district-paid benefits, unit members must have served in the district for sixteen years immediately prior to retirement. For each additional year of age beyond age 55, the length of service may be reduced by two years but to no less than 10 years of service. Members who meet this eligibility requirement qualify to receive the taxable service credit. 5.2.4 The retiree must be actually drawing retirement benefits from either the State Teachers Retirement System or the Public Employees Retirement System. 5.2.5 The retiree must have been eligible for and covered by health insurance while an active employee. The district’s contribution to the health insurance premium for the retiree shall be prorated in the manner provided for active retirees in Section 1.2 of this Article.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Retiree Eligibility. 5.2.1 Bargaining unit members must be at least fifty-five years of age. In addition, bargaining unit members must have contributed to PERS or STRS for a minimum of five years. 5.2.2 (Office, Technical and Paraprofessional Union only) The spouse of eligible retired unit members shall continue to be covered with health insurance until the retiree has reached age sixty-five. After age sixty-five eligible retired unit members may retain health insurance coverage for the retiree's spouse until the retiree reaches 65, provided the retiree remits to the District the full cost of the spouse’s participation in the health insurance program. (Maintenance and Operations Union only) The spouse of eligible retired unit members shall continue to be covered with health insurance until the spouse has reached age sixty-five. After age sixty-five eligible retired unit members may retain health insurance coverage for the retiree’s spouse until the spouse reaches 65, provided the retiree remits to the District the full cost of the spouse’s participation in the health insurance program. 5.2.3 In order to receive district-paid benefits, unit members must have served in the district for sixteen years immediately prior to retirement. For each additional year of age beyond age 55, the length of service may be reduced by two years but to no less than 10 years of service. Members who meet this eligibility requirement qualify to receive the taxable service credit. 5.2.4 The retiree must be actually drawing retirement benefits from either the State Teachers Retirement System or the Public Employees Retirement System. 5.2.5 The retiree must have been eligible for and covered by health insurance while an active employee. The district’s contribution to the health insurance premium for the retiree shall be prorated in the manner provided for active retirees in Section 1.2 of this Article.Section

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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