Common use of Retirement Benefit Insurance Incentive Clause in Contracts

Retirement Benefit Insurance Incentive. 24 9.2.1 The District will provide health care premium credit for eligible retired 25 members of the bargaining unit. To be eligible for this benefit, the 26 retiree must have at least ten (10) full years of actual service with the 27 District and be at least fifty-five (55) years of age. 28 9.2.2 This incentive is available for full-time employees electing retirement by 1 June 30, if proper written notice is provided the District by May 1. For 2 those employees working less than full-time, the District will provide a 3 pro-rated amount of the $250, based on number of hours worked per 4 week (see Appendix C). The full-time employees who select this 6 their elected health care coverage (which must be a District-offered

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Retirement Benefit Insurance Incentive. 24 3 9.2.1 The District will provide health care premium credit for eligible retired 25 4 members of the bargaining unit. To be eligible for this benefit, the 26 5 retiree must have at least ten (10) full years of actual service with the 27 6 District and be at least fifty-five (55) years of age. 28 7 9.2.2 This incentive is available for full-time employees electing retirement by 1 8 June 30, if proper written notice is provided the District by May 1. For 2 9 those employees working less than full-time, the District will provide a 3 10 pro-rated amount of the $250, based on number of hours worked per 4 11 week (see Appendix C). The full-time employees who select this 6 13 their elected health care coverage (which must be a District-offered

Appears in 1 contract

Samples: Collective Bargaining Agreement

Retirement Benefit Insurance Incentive. 24 27 9.2.1 The District will provide health care premium credit for eligible retired 25 28 members of the bargaining unit. To be eligible for this benefit, the 26 1 retiree must have at least ten (10) full years of actual service with the 27 2 District and be at least fifty-five (55) years of age. 28 3 9.2.2 This incentive is available for full-time employees electing retirement by 1 4 June 30, if proper written notice is provided the District by May 1. For 2 5 those employees working less than full-time, the District will provide a 3 6 pro-rated amount of the $250, based on number of hours worked per 4 7 week (see Appendix C). The full-time employees who select this 6 9 their elected health care coverage (which must be a District-offered

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Retirement Benefit Insurance Incentive. 24 11 9.2.1 The District will provide health care premium credit for eligible retired 25 12 members of the bargaining unit. To be eligible for this benefit, the 26 13 retiree must have at least ten (10) full years of actual service with the 27 14 District and be at least fifty-five (55) years of age. 28 15 9.2.2 This incentive is available for full-time employees electing retirement by 1 16 June 30, if proper written notice is provided the District by May 1. For 2 17 those employees working less than full-time, the District will provide a 3 18 pro-rated amount of the $250, based on number of hours worked per 4 19 week (see Appendix C). The full-time employees who select this 6 21 their elected health care coverage (which must be a District-offered

Appears in 1 contract

Samples: Collective Bargaining Agreement

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