Retirement Medical Benefits. 15.4.1 A unit member who elects to retire shall be provided the following: 15.4.1.1 The retiree may select a District-approved fee-for-service plan for ten (10) years or to Medicare age of eligibility (whether or not the unit member qualifies for Medicare), whichever comes first. The District’s annual maximum contribution for the medical insurance coverage shall be based on the following: 15.4.1.1.1 The lowest cost HMO plan available during each annual enrollment period offered by a district’s health benefit provider, and 15.4.1.1.2 Within those HMO plans offered by the provider in 15. 4.1.1.1 above, the HMO plan that provides the greater of the benefits to the eligible retiree 15.4.1.2 The retiree may select an HMO of his/her choice. It is understood that during the ten (10) year period or to Medicare age of eligibility (whether or not the unit member qualifies for Medicare), whichever comes first, the District’s contribution will be, as referenced in 15.4.1.1, available during each annual enrollment period. 15.4.1.3 If the retiree should move out of state or into a geographical location within the state that cannot be provided medical coverage by an HMO plan offered by the District, the retiree will be entitled to the equivalent contribution, as referenced in 15.4.1.1, by the District for purchase of another medical insurance plan. It is understood this option will continue as long as the retiree resides outside of the area covered by a District HMO plan and for the ten (10) year period or to Medicare age of eligibility (whether or not the unit member qualifies for Medicare), whichever comes first. 15.4.2 The retiree may purchase available vision and dental plans at no cost to the District until the retiree reaches the Medicare age of eligibility (whether or not the unit member qualifies for Medicare). The retiree may elect to have his/her spouse and/or dependent(s) on a District health plan, but must pay any remaining premium for the spouse and/or dependent(s) over the District’s contribution, as referenced in 15.4.1.1, for both the employee and his/her spouse and/or dependent(s). The retiree may elect to have his/her spouse and/or dependent(s) on a District dental or vision plan but must pay the premium for the spouse and/or dependent(s). 15.4.3 The retiree is eligible to change the medical plan selected during the open enrollment period. 15.4.4 At the conclusion of the District paid retirement medical benefit the retiree has the option, at no cost to the District, to purchase an HMO for a maximum of three (3) additional years or to Medicare age of eligibility (whether or not the unit member qualifies for Medicare), whichever comes first. 15.4.5 A unit member shall be eligible for the provisions of this article upon reaching age fifty (50) and have rendered a minimum of ten (10) years’ service to the District.
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Retirement Medical Benefits. 15.4.1 A unit member who elects to retire shall be provided the following:
15.4.1.1 The retiree may select a District-approved fee-for-service plan for ten (10) years or to Medicare age of eligibility (whether or not the unit member qualifies for Medicare), whichever comes first. The District’s annual maximum contribution for the medical insurance coverage shall be based on the following:
15.4.1.1.1 The lowest cost HMO plan available during each annual enrollment period offered by a district’s health benefit provider, and
15.4.1.1.2 Within those HMO plans offered by the provider in 15.
4.1.1.1 4.1.1. 1 above, the HMO plan that provides the greater of the benefits to the eligible retiree
15.4.1.2 The retiree may select an HMO of his/her choice. It is understood that during the ten (10) year period or to Medicare age of eligibility (whether or not the unit member qualifies for Medicare), whichever comes first, the District’s contribution will be, as referenced in 15.4.1.1, available during each annual enrollment period.
15.4.1.3 If the retiree should move out of state or into a geographical location within the state that cannot be provided medical coverage by an HMO plan offered by the District, the retiree will be entitled to the equivalent contribution, as referenced in 15.4.1.1, by the District for purchase of another medical insurance plan. It is understood this option will continue as long as the retiree resides outside of the area covered by a District HMO plan and for the ten (10) year period or to Medicare age of eligibility (whether or not the unit member qualifies for Medicare), whichever comes first.
15.4.2 The retiree may purchase available vision and dental plans at no cost to the District until the retiree reaches the Medicare age of eligibility (whether or not the unit member qualifies for Medicare). The retiree may elect to have his/her spouse and/or dependent(s) on a District health plan, but must pay any remaining premium for the spouse and/or dependent(s) over the District’s contribution, as referenced in 15.4.1.1, for both the employee and his/her spouse and/or dependent(s). The retiree may elect to have his/her spouse and/or dependent(s) on a District dental or vision plan but must pay the premium for the spouse and/or dependent(s).
15.4.3 The retiree is eligible to change the medical plan selected during the open enrollment period.
15.4.4 At the conclusion of the District paid retirement medical benefit the retiree has the option, at no cost to the District, to purchase an HMO for a maximum of three (3) additional years or to Medicare age of eligibility (whether or not the unit member qualifies for Medicare), whichever comes first.
15.4.5 A unit member shall be eligible for the provisions of this article upon reaching age fifty (50) and have rendered a minimum of ten (10) years’ of service to the District.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement