Common use of Retiree Medical Review Committee Clause in Contracts

Retiree Medical Review Committee. The District will establish a Retiree Medical Review Committee with the purpose of reviewing the funding for the long term liability of post employment retirement medical benefits. Consistent with the Board Resolution, the annual contribution by the District will increase by two hundred thousand dollars ($200,000) each year until the long term liability is properly funded. The amortization period for the fund is thirty (30) years. The fund shall have an actuarial study done at least every two (2) years. There will be two (2) members appointed by each party who sit as members on the committee.

Retiree Medical Review Committee. The District will establish a Retiree Medical Review Committee with the purpose of reviewing the funding for the long term liability of post employment retirement medical benefitsbenefits . Consistent with the Board Resolution, the annual contribution by the District will increase by two hundred thousand dollars ($200,000) 200,000 each year until the long term liability is properly fundedfunded . The amortization period for the fund is thirty (30) years30 years . The fund shall have an actuarial study done at least every two (2) yearsyears . There will be two (2) members appointed by each party who sit as members on the committeecommittee .

Retiree Medical Review Committee. The District will establish a Retiree Medical Review Committee with the purpose of reviewing the funding for the long term liability of post employment retirement medical benefits. Consistent with the Board Resolution, the current annual contribution by the District is $200,000 per year and will increase by two hundred thousand dollars ($200,000) that amount each year until the long term liability is properly funded. The amortization period for the fund is thirty (30) 30 years. The fund shall have an actuarial study done at least every two (2) years. There will be two (2) members appointed by each party who sit as members on the committee.

Retiree Medical Review Committee. The District will establish a Retiree Medical Review Committee with the purpose of reviewing the funding for the long term liability of post post-employment retirement medical benefits. Consistent with the Board Resolution, the annual contribution by the District will increase by two hundred thousand dollars ($200,000) each year until the long term liability is properly funded. The amortization period for the fund is thirty (30) years. The fund shall have an actuarial study done at least every two (2) years. There will be two (2) members appointed by each party who sit as members on the committee.two

Retiree Medical Review Committee. The District will establish a Retiree Medical Review Committee with the purpose of reviewing the funding for the long term liability of post employment retirement medical benefits. Consistent with the Board Resolution, the current annual contribution by the District is $200,000 per year and will increase by two hundred thousand dollars ($200,000) that amount each year until the long term liability is properly funded. The amortization period for the fund is thirty (30) years. The fund shall have an actuarial study done at least every two (2) years. There will be two (2) members appointed by each party who sit as members on the committee.