Common use of Early Retirement Incentive Program Clause in Contracts

Early Retirement Incentive Program. As part of the District's Early Retirement Incentive Program, the District shall contribute to the retirees' medical and dental plan according to the following provisions: a. The District will contribute the specified premium amount for the retiree's District group medical and dental plan up to a maximum of $5,200 annually. b. This sum shall be prorated for those normally assigned less than full-time at the time of retirement, in accordance with District policy. c. District contributions shall continue until the retiree reaches age 65 or the date of the retiree's death, whichever is earlier. d. A person must have rendered 15 years of service with the SBCCD and be at least age 55. Five years of that service requirement shall be immediately preceding retirement.

Early Retirement Incentive Program. As part of the District's Early Retirement Incentive Program, the District shall contribute to the retirees' medical and dental plan according to the following provisions: a. a) The District will contribute the specified premium amount for the retiree's District group medical and dental plan up to a maximum of $5,200 annually. b. b) This sum shall be prorated for those normally assigned less than full-time at the time of retirement, in accordance with District policy. c. c) District contributions shall continue until the retiree reaches age 65 or the date of the retiree's death, whichever is earlier. d. d) A person must have rendered 15 years of service with the SBCCD and be at least age 55. Five years of that service requirement shall be immediately preceding retirement.

Early Retirement Incentive Program. 3.2.1 As part of the District's Early Retirement Incentive Program, the District shall contribute to the retirees' medical and dental plan according to the following provisions: a. A. The District will contribute the specified premium amount for the retiree's District group medical and dental plan up to a maximum of $5,200 annually. b. B. This sum shall be prorated for those normally assigned less than full-time at the time of retirement, in accordance with District policy. c. C. District contributions shall continue until the retiree reaches age 65 or the date of the retiree's death, whichever is earlier. d. D. A person must have rendered 15 years of service with the SBCCD and be at least age 55. Five years of that service requirement shall be immediately preceding retirement.