Common use of Retiree Fringe Benefits Clause in Contracts

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 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 eligible for this benefit. 13.7.4 If permitted by the appropriate carrier, the District will allow retiree spousal coverage for medical and/or dental benefits, provided the full cost of the additional premium is paid by the retiree. THIS IS INTENTIONALLY LEFT BLANK FOR EASE OF EDITING DURING NEGOTIATIONS.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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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 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.the 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 eligible for this benefit. 13.7.4 If permitted by the appropriate carrier, the District will allow retiree spousal coverage for medical and/or dental benefits, provided the full cost of the additional premium is paid by the retiree. THIS IS INTENTIONALLY LEFT BLANK FOR EASE OF EDITING DURING NEGOTIATIONS.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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 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 eligible for this benefit. 13.7.4 If permitted by the appropriate carrier, the District will allow retiree spousal coverage for medical and/or dental benefits, provided the full cost of the additional premium is paid by the retiree. THIS IS INTENTIONALLY LEFT BLANK FOR EASE OF EDITING DURING NEGOTIATIONS.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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 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 eligible for this benefit. 13.7.4 If permitted by the appropriate carrier, the District will allow retiree spousal coverage for medical and/or dental benefits, provided the full cost of the additional premium is paid by the retiree. THIS IS INTENTIONALLY LEFT BLANK FOR EASE OF EDITING DURING NEGOTIATIONS.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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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 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 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 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 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 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 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 eligible for this benefit. 13.7.4 If permitted by the appropriate carrier, the District will allow retiree spousal coverage for medical and/or dental benefits, provided the full cost of the additional premium is paid by the retiree. THIS IS INTENTIONALLY LEFT BLANK FOR EASE OF EDITING DURING NEGOTIATIONS.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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