Common use of Retiring Employees After Seventeen Years of Service Clause in Contracts

Retiring Employees After Seventeen Years of Service. Employees shall be 12 eligible for District-paid premiums for health insurance provided that (a) the 13 employee is age fifty-five (55) or older upon retirement and has seventeen (17) or 14 more service years in the District or (b) the employee has at least thirty (30) years of 15 service credit with STRS or PERS and seventeen (17) or more service years with the 16 District. This benefit shall end when the retiree reaches age sixty-seven (67) on the 17 condition that the retiree, if eligible, applies for coverage under Medicare Part A and 18 B coverage at age sixty-five (65). Eligible employees who fail to apply for such 19 coverage will not receive District-paid premiums for health insurance from age sixty- 20 five (65) to age sixty-seven (67). The retiree, or un-remarried spouse of deceased 21 retiree, may remain in the District plan by paying personally the insurance premiums 22 without any limit on age. 23 24 Medicare coverage will be primary for those employees who are eligible; the 25 District's plan will provide secondary or umbrella coverage over Medicare payments.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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Retiring Employees After Seventeen Years of Service. Employees shall be 12 17 eligible for District-paid premiums for health insurance provided that (a) the 13 18 employee is age fifty-five (55) or older upon retirement and has seventeen (17) or 14 19 more service years in the District or (b) the employee has at least thirty (30) years 20 of 15 service credit with STRS or PERS and seventeen (17) or more service years with 21 the 16 District. This benefit shall end when the retiree reaches age sixty-seven (67) on 22 the 17 condition that the retiree, if eligible, applies for coverage under Medicare Part 23 A and 18 B coverage at age sixty-five (65). Eligible employees who fail to apply for 24 such 19 coverage will not receive District-paid premiums for health insurance from 25 age sixty- 20 sixty-five (65) to age sixty-seven (67). (Article VI, C, 1, Lines 13-16) The 26 retiree, or un-remarried unremarried spouse of deceased 21 retiree, may remain in the District plan 27 by paying personally the insurance premiums 22 without any limit on age. 23 24 28 29 Medicare coverage will be primary for those employees who are eligible; the 25 30 District's plan will provide secondary or umbrella coverage over Medicare 31 payments. Additional information is available from the Risk Management Branch.

Appears in 3 contracts

Samples: Agreement, Provisions of Agreement, talb.org

Retiring Employees After Seventeen Years of Service. Employees shall be 12 14 eligible for District-paid premiums for health insurance provided that (a) the 13 15 employee is age fifty-five (55) or older upon retirement and has seventeen (17) or 14 16 more service years in the District or (b) the employee has at least thirty (30) years 17 of 15 service credit with STRS or PERS and seventeen (17) or more service years with 18 the 16 District. This benefit shall end when the retiree reaches age sixty-seven (67) on 19 the 17 condition that the retiree, if eligible, applies for coverage under Medicare Part 20 A and 18 B coverage at age sixty-five (65). Eligible employees who fail to apply for 21 such 19 coverage will not receive District-paid premiums for health insurance from 22 age sixty- 20 sixty-five (65) to age sixty-seven (67). (Article VI, C, 1, Lines 13-16) The 23 retiree, or un-remarried unremarried spouse of deceased 21 retiree, may remain in the District plan 24 by paying personally the insurance premiums 22 without any limit on age. 23 24 25 26 Medicare coverage will be primary for those employees who are eligible; the 25 27 District's plan will provide secondary or umbrella coverage over Medicare 28 payments. Additional information is available from the Risk Management Branch.

Appears in 3 contracts

Samples: Provisions of Agreement, Provisions of Agreement, talb.org

Retiring Employees After Seventeen Years of Service. Employees shall be 12 eligible for District-paid premiums for health insurance provided that (a) the 13 employee is age fifty-five (55) or older upon retirement and has seventeen 14 (17) or 14 more service years in the District or (b) the employee has at least 15 thirty (30) years of 15 service credit with STRS or PERS and seventeen (17) or 16 more service years with the 16 District. This benefit shall end when the retiree 17 reaches age sixty-seven (67) on the 17 condition that the retiree, if eligible, 18 applies for coverage under Medicare Part A and 18 B coverage at age sixty-five 19 (65). Eligible employees who fail to apply for such 19 coverage will not receive 20 District-paid premiums for health insurance from age sixty- 20 sixty-five (65) to age 21 sixty-seven (67). The retiree, or un-remarried spouse of deceased 21 retiree, may 22 remain in the District plan by paying personally the insurance premiums 22 23 without any limit on age. 23 24 25 Medicare coverage will be primary for those employees who are eligible; the 25 26 District's plan will provide secondary or umbrella coverage over Medicare 27 payments.. Additional information is available from the Risk Management

Appears in 2 contracts

Samples: Agreement, Agreement

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Retiring Employees After Seventeen Years of Service. Employees shall be 12 25 eligible for District-paid premiums for health insurance provided that (a) the 13 26 employee is age fifty-five (55) or older upon retirement and has seventeen (17) 27 or 14 more service years in the District or (b) the employee has at least thirty (30) 28 years of 15 service credit with STRS or PERS and seventeen (17) or more service 29 years with the 16 District. This benefit shall end when the retiree reaches age 30 sixty-seven (67) on the 17 condition that the retiree, if eligible, applies for 31 coverage under Medicare Part A and 18 B coverage at age sixty-five (65). Eligible 32 employees who fail to apply for such 19 coverage will not receive District-paid 33 premiums for health insurance from age sixty- 20 sixty-five (65) to age 34 sixty-seven (67). The retiree, or un-remarried spouse of deceased 21 retiree, may 35 remain in the District plan by paying personally the insurance premiums 22 36 without any limit on age. 23 24 37 38 Medicare coverage will be primary for those employees who are eligible; the 25 39 District's plan will provide secondary or umbrella coverage over Medicare 40 payments. Additional information is available from the Risk Management 41 Branch. (For health insurance benefits, unit member employees compensated 42 for fifty [50] percent or more of a full-time assignment will receive one [1] year 43 of credit toward the required seventeen [17] years of service.) 44

Appears in 1 contract

Samples: Agreement

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