Common use of Program Benefits Clause in Contracts

Program Benefits. An eligible teacher who takes advantage of the program shall receive the following benefits and shall be subject to the following conditions: 1. Health insurance will be available from age 55 through age 64. A retiring teacher who has participated in the district health insurance program during the year in which program participation is requested may receive a monthly contribution for the continued participation in the district health insurance program until the teacher becomes eligible for Medicare. The amount to be paid by the district will be $350 per month. The teacher will be responsible for payment of any excess premiums due for a single, employee plus one or family policy. Eligibility for the health insurance benefit will expire June 30, 2025.

Program Benefits. An eligible teacher who takes advantage of the program shall receive the following benefits and shall be subject to the following conditions: 1. Health insurance will be available from age 55 through age 64. A retiring teacher who has participated in the district health insurance program during the year in which program participation is requested may receive a monthly contribution for the continued participation in the district health insurance program until the teacher becomes eligible for Medicare. The amount to be paid by the district will be $350 per month. The teacher will be responsible for payment of any excess premiums due for a single, employee plus one or family policy. Eligibility for the health insurance benefit will expire June 30, 20252027.