Common use of Insurance Premium Entitlement Clause in Contracts

Insurance Premium Entitlement. i. Provided the teacher is age 55 or older, the Board of School Trustees will continue to pay the same portion of the monthly insurance premium as is paid for all other full-time teachers until the teacher qualifies for government health insurance. For teachers who have retired before June 30, 2019, the Board of School Trustees will contribute an additional $150 annually toward insurance premiums until the teacher qualifies for government health insurance.

Insurance Premium Entitlement. i. Provided the teacher is age 55 or older, the Board of School Trustees will continue to pay the same portion of the monthly insurance premium as is paid for all other full-time teachers until the teacher qualifies for government health insurance. For teachers who have retired before June 30, 2019, the Board of School Trustees will contribute an additional plus $150 annually toward insurance premiums 150.00 until the teacher qualifies for government health insurance.