Retiree Insurance Benefits i. The Driver/Aide retiring from the District will be eligible to purchase insurance benefits as provided by law.
Retiree Insurance Benefits. The provision of retiree insurance benefits funded in part by the School District was negotiated by the USCEA, assisted by the PaFT, in 1986. Prior to 1986, retirees could continue insurance coverage only by paying the full cost of the coverage. In 1986, the teacher bargaining unit represented by the USCEA urged the USCEA to bargain with the School District for the continuation of insurance benefits until the teacher became eligible for Medicare. The contract was intentionally bargained in this way by the USCEA, at the bargaining units’ request, to give teachers the ability to avail themselves of early retirement opportunities under PSERS, because teachers would be unable to take early retirement unless the USCEA could persuade the School District to provide health insurance coverage until they became eligible for Medicare and because Medicare provided sufficient coverage after age 65. The USCEA, at the bargaining unit’s request, purposefully negotiated a provision that granted insurance coverage prior to Medicare eligibility, but not after Medicare eligibility. Accordingly, the USCEA and the AFT Pennsylvania do not believe that there is any legal, moral or ethical basis upon which the School District could be required to continue benefits after Medicare eligibility and will fully and vigorously support the School District, as set forth in this paragraph, if any such claim is made in the future.
Retiree Insurance Benefits. For employees hired prior to December 8, 2011, and subject to carrier approval, the District shall pay the amounts provided in Sections 5.04, 5.09, and 5.10 of this Agreement for any employee who retires from the District. For every three (3) years of service with the District, the retiree will receive the equivalent of one year of extended benefits, or pro-ration thereof on a quarterly basis.
Retiree Insurance Benefits. Retiring employees may continue in the School District’s group health insurance plan as provided by applicable law. Retiring employees who have at least ten (10) years of service in the School District and who are at least age sixty (60) will be eligible to remain in the School District group insurance plans by purchasing either single or family policies. Participating employees will receive a District contribution toward the premium equal to the contribution granted to active employees taking single insurance coverage until the employee reaches Medicare eligibility.
Retiree Insurance Benefits. The City agrees to provide the following benefit to regular full-time employees provided they retire with CalPERS within 120 days of their separation date with the City of Paso Xxxxxx.
Retiree Insurance Benefits. Retiring employees hired prior to July 1, 2024 who have at least ten years of service in the School District and who are between the ages of sixty (60) and sixty-five (65) will be eligible to remain in the School District group insurance plans by purchasing either a single or family policy. Participating employees will receive a District contribution toward the premium equal to the contribution granted to employees taking single insurance coverage based upon the date they retire. The District contribution will remain constant at the same dollar amount from the time of retirement until the employee reaches the age of sixty-five (65) or is eligible for Medicare (whichever comes first). Employees retiring at age sixty-two (62) or older but who do not have ten (10) years with the School District at the time of retirement shall be allowed to continue the group hospitalization coverage by paying the full regular monthly premium in advance to the School District until the employee is sixty-five (65) years of age or is eligible for Medicare (whichever comes first). ISD 882 MONTICELLO ESS's RATES Proposal District1 Date 2/6/2024 7:10pm MSBA 7.90% WAGES 2022-23 WAGES 23-24 WAGES 2024-25 Note: No decisions or agreements have been made regarding a tiered-rate system. The costing model was setup to offer flexibility if a tiered system was proposed. It doesn't include health ins changes for year 2. 8.00% 3.00% 3.00% 2.00% 2.00% 2.00% 8.00% 3.00% 3.00% 2.00% 2.00% 2.00% 8.00% 3.00% 3.00% 2.00% 2.00%
Retiree Insurance Benefits. Retiring employees may continue in the School District’s group health insurance plan at their own expense as provided by applicable law.
Retiree Insurance Benefits. All employees who have reached age 50 and have at least twenty-five (25) years of service with the City of Keewatin shall be entitled to retirement medical benefits as follows:
Retiree Insurance Benefits. Upon a termination of Executive’s employment for any reason, including for Good Reason, as defined in Section 5(d), and the death of the Executive, other than (a) a termination for Cause, as defined in Section 5(b), or (b) a voluntary termination of employment by Executive not recognized by a Committee designated by the Board as a ‘retirement’, for the remainder of the Executive’s life and that of his current spouse, the Company shall provide medical, dental and life insurance benefits to the Executive and his current spouse on the same basis such benefits are provided by the Company to its retirees; provided, however, if the Company does not provide medical, dental or life insurance benefits to its retirees, the Company shall provide medical, dental or life insurance benefits, as the case may be, to the Executive and his current spouse on the same basis such benefits were provided to the Executive immediately prior to the Date of Termination (or Effective Date, in the event the Date of Termination is after the Effective Date). The benefits provided for under this Section 4(b)(ix) will be effective as of the later of (x) the Date of Termination or (y) the end of the benefits continuation period described in Section 6(a)(ii), after taking into consideration for purposes of clauses (x) and (y), with respect to medical and dental insurance benefits, any period during which the Executive or his spouse continued medical and dental insurance benefits under the Consolidated Omnibus Reconciliation Act of 1985 ('COBRA').”
Retiree Insurance Benefits. Currently, retiring employees access health care benefits through the State PEBB plan, as administered by the Washington State Health Care Authority. If at some point in the future retiree health care is again available, sponsored, or provided through the WEA and/or the Xxxx School District, the Association retains the right to reopen the issue of access to health care benefits for retirees.
