Common use of Retirement Insurance Benefits Clause in Contracts

Retirement Insurance Benefits. 1. Bargaining unit members who have served continuously for ten (10) years in the District and who retire under the State Teacher’s Retirement System provisions (straight/disability retirement) after age fifty-five (55) may elect to have employee only medical and prescription drug plan continue at District expense with the retiree contributing as provided in H.8. above until such time as the retiree reaches the age of eligibility for Medicare or becomes eligible for Medicare or other government- funded health insurance programs. Xxxxxxxx retired unit members who have elected to continue their medical and prescription drug plan may also, at their own expense, elect to enroll eligible dependents by submitting monthly payments to the District.

Retirement Insurance Benefits. 1. Bargaining unit members who have served continuously for ten (10) years in the District and who retire under the State Teacher’s Retirement System provisions (straight/disability retirement) after age fifty-fifty- five (55) may elect to have employee only medical and prescription drug plan continue at District expense with the retiree contributing as provided in H.8. above until such time as the retiree reaches the age of eligibility for Medicare or becomes eligible for Medicare or other government- funded health insurance programs. Xxxxxxxx Eligible retired unit members who have elected to continue their medical and prescription drug plan may also, at their own expense, elect to enroll eligible dependents by submitting monthly payments to the District.

Retirement Insurance Benefits. 1. Bargaining unit members who have served continuously for ten (10) years in the District and who retire under the State Teacher’s Retirement System provisions (straight/disability retirement) after age fifty-five (55) may elect to have employee only medical and prescription drug plan continue at District expense with the retiree contributing as provided in H.8. above until such time as the retiree reaches the age of eligibility for Medicare or becomes eligible for Medicare or other government- funded health insurance programs. Xxxxxxxx Eligible retired unit members who have elected to continue their medical and prescription drug plan may also, at their own expense, elect to enroll eligible dependents by submitting monthly payments to the District.

Retirement Insurance Benefits. 1. Bargaining unit members who have served continuously for ten (10) years in the District and who retire under the State Teacher’s Retirement System provisions (straight/disability retirement) after age fifty-fifty- five (55) may elect to have employee only medical and prescription drug plan continue at District expense with the retiree contributing as provided in H.8. above until such time as the retiree reaches the age of eligibility for Medicare or becomes eligible for Medicare or other government- funded health insurance programs. Xxxxxxxx retired unit members who have elected to continue their medical and prescription drug plan may also, at their own expense, elect to enroll eligible dependents by submitting monthly payments to the District.