Common use of Retirement – District-Paid Benefits Clause in Contracts

Retirement – District-Paid Benefits. (a) For employees who are commencing retirement under STRS on or after the ratification date of this agreement, the District will pay up to four hundred ninety dollars ($490.00) per month toward the cost of the group health, dental and vision insurance for retireant only for any employee hired on or before February 6, 1991, who retires from the District after a minimum of fifteen (15) years, as and if permitted by the carrier. The retireant may prepay the District for spouse’s coverage whenever permitted by the carrier. Qualifying employees will be covered for health benefits from retirement until they reach age sixty-five (65) or qualify for Medicare, and at that time they will be provided a secondary plan as a secondary carrier. Employees who do not qualify for Medicare will continue to receive the above dollar amount toward the purchase of health benefits. No qualifying retired employees will be provided coverage unless proof of Medicare ineligibility is provided. If the District provider refuses service, the District will pay premium to an insurance company selected by the employees for the amount not to exceed the District’s contribution at that time.

Appears in 2 contracts

Samples: Article I Agreement, Article I Agreement

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Retirement – District-Paid Benefits. (a) For employees who are commencing retirement under STRS on or after the ratification date of this agreement, the District will pay up to four hundred ninety dollars ($490.00) per month toward the cost of the group health, dental and vision insurance for retireant retiree only for any employee hired on or before February 6, 1991, who retires from the District after a minimum of fifteen (15) years, as and if permitted by the carrier. The retireant retiree may prepay the District for spouse’s coverage whenever permitted by the carrier. Qualifying employees will be covered for health benefits from retirement until they reach age sixty-five (65) or qualify for Medicare, and at that time they will be provided a secondary plan as a secondary carrier. Employees who do not qualify for Medicare will continue to receive the above dollar amount toward the purchase of health benefits. No qualifying retired employees will be provided coverage unless proof of Medicare ineligibility is provided. If the District provider refuses service, the District will pay premium to an insurance company selected by the employees employee for the amount not to exceed the District’s contribution at that time.

Appears in 1 contract

Samples: Article I Agreement

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Retirement – District-Paid Benefits. (a) For employees who are commencing retirement under STRS on or after the ratification date of this agreement, the District will pay up to four hundred ninety dollars ($490.00) per month toward the cost of the group health, dental and vision insurance for retireant only for any employee hired on or before February 6, 1991, who retires from the District after a minimum of fifteen (15) years, as and if permitted by the carrier. The retireant may prepay the District for spouse’s coverage whenever permitted by the carrier. Qualifying employees will be covered for health benefits from retirement until they reach age sixty-five (65) or qualify for Medicare, and at that time they will be provided a secondary plan as a secondary carrier. Employees who do not qualify for Medicare will continue to receive the above dollar amount toward the purchase of health benefits. No qualifying retired employees will be provided coverage unless proof of Medicare ineligibility is provided. If the District provider refuses service, the District will pay premium to an insurance company selected by the employees employee for the amount not to exceed the District’s contribution at that time.

Appears in 1 contract

Samples: Article I Agreement

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