Common use of Retiring Employees Clause in Contracts

Retiring Employees. 20.9.1 The District shall pay, for employees hired prior to July 1, 1988, two and one-half (2.5) months' premium for each year of continuous service of a retiring employee towards the premium costs of coverage for the employee and eligible dependents under the District’s medical plan. 20.9.2 In the event the District adds additional optional insurance plans, the District's share of the premium shall be the same as for existing plans as set forth above. In the event the District changes underwriters for existing insurance plans, the District’s share of the premium shall be the same as for existing insurance plans as set forth above. 20.9.3 The District will continue to implement the retiree medical health premium offset program wherein the cost of health premiums are offset by $10 per month for every full year of continuous service up to a maximum of 25 years or $250 per month. Employees hired on or after August 1, 2011 shall not be eligible for the retiree medical health premium offset.

Retiring Employees. 20.9.1 The District shall pay, for employees hired prior to July 1, 1988, two and one-half (2.5) months' premium for each year of continuous service of a retiring employee towards the premium costs of coverage for the employee and eligible dependents under the District’s medical plan. 20.9.2 In the event the District adds additional optional insurance plans, the District's share of the premium shall be the same as for existing plans as set forth above. In the event the District changes underwriters for existing insurance plans, the District’s share of the premium shall be the same as for existing insurance plans as set forth above. 20.9.3 The District will continue to implement the retiree medical health premium offset program wherein the cost of health premiums are offset by $10 per month for every full year of continuous service up to a maximum of 25 years or $250 per month. Employees hired on or after August 1, 2011 shall not be eligible for the retiree medical health premium offset.

Retiring Employees. 20.9.1 20.14.1. The District shall will pay, for employees hired prior to July 1, 1988, two and one-half (2.5) months' premium for each year of continuous service of a retiring employee towards the premium costs of coverage for the employee and eligible dependents under the District’s District medical plan. 20.9.2 20.14.2. In the event the District adds additional optional insurance plans, the District's share of the premium shall will be the same as for existing plans as set forth above. In the event the District changes underwriters for existing insurance plans, the District’s 's share of the premium shall will be the same as for existing insurance plans as set forth above. 20.9.3 20.14.3. The District will continue to implement the retiree medical health premium offset program wherein the cost of health premiums are offset by $10 per month for every full year of continuous service up to a maximum of 25 years or $250 per month. Employees hired on or after August 1, 2011 shall not be eligible for the retiree medical health premium offset.

Retiring Employees. 20.9.1 20.10.1 The District shall pay, for employees hired prior to July 1, 1988, two and one-half (2.5) months' premium for each year of continuous service of a retiring employee towards the premium costs of coverage for the employee and eligible dependents under the District’s medical plan. 20.9.2 20.10.2 In the event the District adds additional optional insurance plans, the District's share of the premium shall be the same as for existing plans as set forth above. In the event the District changes underwriters for existing insurance plans, the District’s share of the premium shall be the same as for existing insurance plans as set forth above. 20.9.3 20.10.3 The District will continue to implement the retiree medical health premium offset program wherein the cost of health premiums are offset by $10 per month for every full year of continuous service up to a maximum of 25 years or $250 per month. Employees hired on or after August 1, 2011 shall not be eligible for the retiree medical health premium offset.