Common use of Retirement Health Plan Clause in Contracts

Retirement Health Plan. Upon retirement, unit members may participate in the Health Plans provided the unit member prepays their portion of the premium. Procedures for payment of premiums are to be at the discretion of the District. 5.4.1 Retirees who have served not less than eighteen (18) years in the District shall be eligible for only one (1) of the following options, to be chosen by the unit member upon notifying the District of his/her intent to retire: 5.4.1.1 the District shall contribute fifty percent (50%) of their monthly subscriber only medical plan premiums and fees for a period of seven (7) years. 5.4.1.2 the District shall contribute one-hundred percent (100%) of their monthly subscriber only medical plan premiums and fees for a period of three (3) years. 5.4.1.3 the District shall contribute one-hundred percent (100%) of their monthly dental and vision plan premiums for a period of ten (10) years. 5.4.2 An employee may, upon retirement, elect to delay commencement of District contribution to medical care for a period not to exceed seven (7) years provided continuous coverage is maintained. 5.4.3 For unit members that are eligible and select to begin retiree medical benefits upon separation, the 50% District and retiree premium rate contribution begins the month following the last month in which the unit member leaves the District. 5.4.4 For unit members that select COBRA coverage, dental insurance coverage, and/or vision insurance coverage, the retiree premium rate contribution begins the month following the last month in which the unit member leaves the District.

Retirement Health Plan. Upon retirement, unit members may participate continue participation in the Health Plans provided the unit member prepays their portion of the premium. Procedures for payment of premiums are to be at the discretion of the District. 5.4.1 Retirees who have served not less than eighteen (18) years in the District shall be eligible for only one (1) of the following options, to be chosen by the unit member upon notifying the District of his/her intent to retire: 5.4.1.1 the District shall contribute fifty percent (50%) of their monthly subscriber only medical plan premiums and fees for a period of seven (7) years. 5.4.1.2 the District shall contribute one-hundred percent (100%) of their monthly subscriber only medical plan premiums and fees for a period of three (3) years. 5.4.1.3 the District shall contribute pay a one-hundred percent time cash out of $17,500 no more than forty-five (100%45) of their monthly dental and vision plan premiums for a period of ten (10) yearsdays after the unit member retires. 5.4.2 An employee may, upon retirement, elect to delay commencement of District contribution to medical care for a period not to exceed seven (7) years provided continuous coverage is maintained. 5.4.3 For unit members that are eligible and select to begin retiree medical benefits upon separation, the 50% District and retiree premium rate contribution begins the month following the last month in which the unit member leaves the District. 5.4.4 For unit members that select COBRA coverage, dental insurance coverage, and/or vision insurance coverage, the retiree premium rate contribution begins the month following the last month in which the unit member leaves the District.

Retirement Health Plan. Upon retirement, unit members may participate in the Health Plans provided the unit member prepays their portion of the premium. Procedures for payment of premiums are to be at the discretion of the District. 5.4.1 Retirees who have served not less than eighteen (18) years in the District shall be eligible for only one (1) of the following options, to be chosen by the unit member upon notifying the District of his/her their intent to retire: 5.4.1.1 the District shall contribute fifty percent (50%) of their monthly subscriber only medical plan premiums and fees for a period of seven (7) years. 5.4.1.2 the District shall contribute one-hundred percent (100%) of their monthly subscriber only medical plan premiums and fees for a period of three (3) years. 5.4.1.3 the District shall contribute one-hundred percent (100%) of their monthly dental and vision plan premiums for a period of ten (10) years. 5.4.2 An employee may, upon retirement, elect to delay commencement of District contribution to medical care for a period not to exceed seven (7) years provided continuous coverage is maintained. 5.4.3 For unit members that are eligible and select to begin retiree medical benefits upon separation, the 50% District and retiree premium rate contribution begins the month following the last month in which the unit member leaves the District. 5.4.4 For unit members that select COBRA coverage, dental insurance coverage, and/or vision insurance coverage, the retiree premium rate contribution begins the month following the last month in which the unit member leaves the District.