Common use of Option A Clause in Contracts

Option A. A faculty member, who retires from the District under STRS or PERS guidelines, after fifteen (15) or more years of service, qualifies for District-paid hospital/medical benefits according to the following schedule: Age at Years of Terms of Retirement Service Coverage Under 65 15 to age 67 65 or over 15-22 2 years past retirement 65 or over 23-29 3 years past retirement 65 or over 30 or more 4 years past retirement