Retiring Employees. 20.11.1. The District 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 medical plan. 20.11.2. In the event the District adds additional optional insurance plans, the District’s share of the premium 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 share of the premium will be the same as for existing insurance plans as set forth above. 20.11.3. The District will continue to implement the retiree medical health premium offset program wherein the cost of health premiums are offset by ten dollars ($10) per month for every full year of continuous service up to a maximum of 25 years or two hundred fifty dollars ($250) per month.
Appears in 1 contract
Samples: Memorandum of Understanding
Retiring Employees. 20.11.120.13.1. The District 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.
20.11.220.13.2. In the event the District adds additional optional insurance plans, the District’s 's share of the premium 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 will be the same as for existing insurance plans as set forth above.
20.11.320.13.3. The District will continue to implement the retiree medical health premium offset program wherein the cost of health premiums are offset by ten dollars ($10) 10 per month for every full year of continuous service up to a maximum of 25 years or two hundred fifty dollars ($250) 250 per month.
Appears in 1 contract
Samples: Memorandum of Understanding
Retiring Employees. 20.11.120.12.1. The District 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 medical plan.
20.11.200.00.0. In Xx the event the District adds additional optional insurance plans, the District’s share of the premium 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 share of the premium will be the same as for existing insurance plans as set forth above.
20.11.320.12.3. The District will continue to implement the retiree medical health premium offset program wherein the cost of health premiums are offset by ten dollars ($10) per month for every full year of continuous service up to a maximum of 25 years or two hundred fifty dollars ($250) per month.
Appears in 1 contract
Samples: Memorandum of Understanding
Retiring Employees. 20.11.1. The District 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 medical plan.
20.11.200.00.0. In Xx the event the District adds additional optional insurance plans, the District’s share of the premium 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 share of the premium will be the same as for existing insurance plans as set forth above.
20.11.3. The District will continue to implement the retiree medical health premium offset program wherein the cost of health premiums are offset by ten dollars ($10) 10 per month for every full year of continuous service up to a maximum of 25 years or two hundred fifty dollars ($250) 250 per month.
Appears in 1 contract
Samples: Memorandum of Understanding
Retiring Employees. 20.11.1. The District 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 medical plan.
20.11.200.00.0. In Xx the event the District adds additional optional insurance plans, the District’s share of the premium 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 share of the premium will be the same as for existing insurance plans as set forth above.
20.11.3. The District will continue to implement the retiree medical health premium offset program wherein the cost of health premiums are offset by ten dollars ($10) per month for every full year of continuous service up to a maximum of 25 years or two hundred fifty dollars ($250) per month.
Appears in 1 contract
Samples: Memorandum of Understanding