Retiree Fringe Benefits-Unequal Contribution Method. i. Unit members who retire from active service under the STRS/PERS shall be entitled to receive the basic Office retiree medical contribution of $21.60 per month twelfthly ($259.20 annually), or as adjusted by law, toward the purchase of a PERS medical benefit so long as the Office continues to participate in the PERS retirement plan, pursuant to Government Code Section 22892(c). Upon termination of the Office’s participation in the PERS medical insurance plan or its successor, the Office shall have no further obligation for payment of the retiree’s medical contribution, but will offer the retiree the option to continue, at his/her own expense, in the subsequent medical insurance plan. Termination of the Office’s participation in the PERS medical insurance plan or its successor shall not affect the ability of eligible retirees to elect to participate in the retiree Years of Service Benefit Program as set forth below.
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Retiree Fringe Benefits-Unequal Contribution Method. i. 1) Unit members who retire from active service under the STRS/PERS shall be entitled to receive the basic Office retiree medical contribution of $21.60 per month twelfthly ($259.20 annually), or as adjusted by law, toward the purchase of a PERS medical benefit so long as the Office continues to participate in the PERS retirement plan, pursuant to Government Code Section 22892(c). Upon termination of the Office’s participation in the PERS medical insurance plan or its successor, the Office shall have no further obligation for payment of the retiree’s medical contribution, but will offer the retiree the option to continue, at his/her own expense, in the subsequent medical insurance plan. Termination of the Office’s participation in the PERS medical insurance plan or its successor shall not affect the ability of eligible retirees to elect to participate in the retiree Years of Service Benefit Program as set forth below.
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