Retiree Fringe Benefits Sample Clauses

Retiree Fringe Benefits. The CHARTER SCHOOL shall provide eligible retirees and their eligible dependents the opportunity to purchase the Kaiser health plan provided to unit members if made available by the carrier. The retiree may also participate in the Guardian Dental and Significa Vision. Such coverage shall continue until retiree qualifies for Medicare.
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Retiree Fringe Benefits. 13.7.1 The District shall provide a retiree who was employed by the District before April 1, 2007, with employee--only health insurance coverage at District expense, under the following conditions: 13.7.1.1 An employee must retire under one of the State Teachers' Retirement System monthly payment options. 13.7.1.2 An employee must be age 55 or older. 13.7.1.3 If an employee is at least 55 years of age, but less than 60, he/she must have been employed by a public school district for a period of ten (10) years immediately prior to retirement, the last five (5) of which must have been in the service of the Menlo Park City School District and he/she must have accumulated one (1) additional year of in--District service for each year under sixty (60) years of age at the time of retirement up to a total of ten (10) years. 13.7.1.4 If an employee is sixty (60) years of age or older, he/she must have been employed by a California public school district for a period of ten (10) years immediately prior to retirement, the last five (5) of which must have been served in the Menlo Park City School District. 13.7.1.5 Insurance coverage options for the retiree shall be limited to the annual health insurance options available to employees in active District service. 13.7.1.6 When a retiree is eligible for Medicare and the retiree's medical premiums are deducted from the STRS payment, the District's medical contribution will be reduced accordingly. Twice each year (March and September) the District will reimburse the retiree for the costs of Part B Medicare payments. 13.7.1.7 The District will pay the monthly minimum payment to CaIPERS required by statute for each eligible retiree for medical and dental insurance. In addition, the District will pay an amount that, when combined with the required CaIPERS payment, will not exceed three hundred twenty--five dollars ($325) for those current employees who retire on or after January 1, 2005. Because STRS requires that the CaIPERS premiums be deducted from the retiree's STRS check, the District will provide, twice annually (March and September) a non--taxable reimbursement up to the amount designated above. 13.7.1.8 Should the District elect another health plan carrier, continuation of coverage for retirees shall be the responsibility of the new carrier. 13.7.1.9 Employees retiring because of disability are eligible under this policy as long as they meet all other requirements contained herein. 13.7.2 Unit members employed by the ...
Retiree Fringe Benefits. Retiree benefits shall be accorded effective September 1, 1988 to only those current employees in the classified unit. The following amendments shall be made to Section 16.4 under this provision: 16.4.1 To be eligible for this fringe benefit, the retiring bargaining unit employee must have reached age 55, and have been employed by the Tahoe Truckee Unified School District for twenty (20) or more years. At age 55, 75% will be paid by the district, at age 56 80% will be paid by the district, at age 57 90% will be paid by the district and at age 58 100% will be paid by the district or 100% will be paid by the district if the employee has reached age 55 with twenty-five years of service. 16.4.2 Eligibility for PERS shall be certified prior to obtaining any health benefits under this provision. The District shall continue to provide full health, medical, dental and hospitalization benefits equivalent to that provided active bargaining unit employees for each eligible retired employee and their dependents, until Medicare eligible. 16.4.3 The coverage of health benefits may be changed subsequently to be the same coverage of the unit employees that may have resulted from any collective bargaining agreements. The rate of premiums that shall be paid by the District shall be up to the maximum District obligation level in effect as of June 30th of the fiscal year during which retirement becomes effective. 16.4.4 The District shall allow the retired employee to supplement Medicare to a level commensurate with the medical benefits of regular employees at that time at no cost to the District. 16.4.5 For unit members not eligible for the above, at age 65, the District will allow the retired employee to supplement Medicare to a level commensurate with the medical benefits of regular employees at that time at no cost to the District. 16.4.6 The District has no alternative to Social Security.
Retiree Fringe Benefits. 6.4.1 The District agrees to contribute the lesser amount set by California Government Code Section 22892 per eligible retiree, per month. If the District and the Association agree to terminate participation in the PERS medical insurance plan, the District shall have no further obligation for payment of the basic contribution. 6.4.2 The District shall reimburse the retiree a supplemental amount equal to the difference between Section 6.4.1 and the least expensive single party premium rate of the four (4) most common PERS HMO’s subscribed to by active employees, dental premium rate and 95/96 single party vision premium rate at the time of retirement, or a less expensive retiree selected PERS plan for the first and all subsequent years until Section 6.4.
Retiree Fringe Benefits. 14:6.1 The District will make a contribution up to two hundred dollars ($200) per month for payment of health (medical, dental, and or vision) insurance premiums for a retiring teacher until the retired employee reaches sixty-five (65) based on the following conditions:
Retiree Fringe Benefits. The District will make a contribution up to two hundred dollars ($200) per month for payment of health (medical, dental, vision) insurance premiums for a retiring classified employee until the retired employee reaches sixty-five (65) based on the following conditions. 1). Premium costs in excess of the District contribution must be prepaid to the District by the employee on a monthly basis. If excess premiums are not prepaid, coverage will be terminated. 6:1 The employees shall be allowed fourteen (14) holidays with pay if within paid status. 6:2 The holidays shall be established as a result of recommendations made by a calendar committee composed of at least one classified employee and other District representatives. The committee’s recommendation is sent to the Governing Board for approval. The Calendar committee shall commence meeting no later than January of each year.
Retiree Fringe Benefits. A. Current employees employed as of July 1, 1984, and who are eligible for retirement and District insurance coverage shall qualify for District medical insurance under the following terms and conditions, when they reach age 60, have served fifteen (15) years in the service of the District, and meet the following criteria:  Employee is qualified for retirement and District insurance coverage and is in the process of receiving retirement benefits from the Public Employees Retirement System;  Is currently employed by the District at the time of retirement;  Subsequent to retirement from District service the employee does not become eligible for health coverage under other employment. B. Coverage of this program shall cease at sixty-five (65) years of age, and the employee shall be allowed to enter the group medical insurance coverage if he/she pays the existing premium rate. C. The District contribution for each retiree shall not exceed the dollar amount for District payment for premiums in the year in which he/she retires. D. Employees employed after July 1, 1984, shall be entitled to retirement insurance coverage on the pro-rata basis held at the time of retirement.
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Retiree Fringe Benefits. Unit members who retire shall be entitled to those health and welfare benefits specifically required by law. This Article supersedes any District policy, practice or procedure in effect as of the date of ratification.
Retiree Fringe Benefits. 1.1 In preparation for the 2008-2009 negotiations, the parties will establish 1986 a subcommittee to make recommendations about retiree fringe 1987 benefits. The subcommittee will consider the needs of unit members, 1988 the current and future costs of providing retiree fringe benefits, the 1989 extent to which comparable school districts provide fringe benefits to 1990 retirees in comparable positions, and any other relevant information. 1991 The subcommittee will submit its report and recommendation to the 1992 parties on or before July 1, 2008.
Retiree Fringe Benefits. 13.7.1. The District shall provide a retiree who was employed by the District before April 1, 2007, with employee-only health insurance coverage at District expense, under the following conditions: 13.7.1.1. An employee must retire under one of the State Teachers' Retirement System monthly payment options. 13.7.1.2. An employee must be age 55 or older. 13.7.1.3. If an employee is at least 55 years of age, but less than 60, he/she must have been employed by a public school district for a period of ten (10) years immediately prior to retirement, the last five (5) of which must have been in the service of the Menlo Park City School District and he/she must have accumulated one (1) additional year of 13.7.1.4. If an employee is sixty (60) years of age or older, he/she must have been employed by a California public school district for a period of ten (10) years immediately prior to retirement, the last five (5) of which must have been served in the Menlo Park City School District. 13.7.1.5. Insurance coverage options for the retiree shall be limited to the annual health insurance options available to employees in active District service. 13.7.1.6. When a retiree is eligible for Medicare and the retiree's medical premiums are deducted from the STRS payment, the District's medical contribution will be reduced accordingly. Twice each year (March and September) the District will reimburse the retiree for the costs of Part B Medicare payments. 13.7.1.7. The District will pay the monthly minimum payment to CaIPERS required by statute for each eligible retiree for medical and dental insurance. In addition, the District will pay an amount that, when combined with the required CaIPERS payment, will not exceed three hundred twenty-five dollars ($325) for those current employees who retire on or after January 1, 2005. 13.7.1.8. Should the District elect another health plan carrier, continuation of coverage for retirees shall be the responsibility of the new carrier. 13.7.1.9. Employees retiring because of disability are eligible under this policy as long as they meet all other requirements contained herein. 13.7.2. Unit members employed by the District after April 1, 2007, will not be eligible to receive the medical benefit described in Section 13.7.1 past the date of eligibility for Medicare. 13.7.3. The District will pay retiree-only dental benefits for a period of five years following retirement. Unit members employed by the District after April 1, 2007, shall not be e...
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