Common use of Medicare Coverage Clause in Contracts

Medicare Coverage. The Board agrees to make Medicare coverage available to those employees who are currently not eligible. This provision will be effective beginning November 1, 1990. Each participating employee will be responsible for paying the 9.5.1 The District shall participate in the division (election) for Medicare coverage as provided by AB 265/89 and Government Code Section 22009.03 et. seq. for employees who are members of STRS and were hired before April 1, 1986. This shall be a one-time irrevocable option for said employees to obtain quarters for Medicare coverage as offered by the Social Security Administration. 9.5.2 Said employees shall contribute the applicable rate as determined by the Social Security Administration. The District shall contribute a matching amount. 9.5.3 Said employees shall participate effective November 1, 1990, pursuant to the procedures set forth by STRS and the Social Security Administration. The District shall take the necessary steps to commence payroll deduction for participating employees’ contributions and shall commence making its matching contributions as soon as practical following the division. 9.5.4 The District shall place employee contributions and its matching contribution into an escrow or like account and shall encumber these funds specifically for Medicare contributions, except as provided below. 9.5.5 Interest earned by the encumbered shall accrue to the District to offset administrative costs associated with the implementation of the program. 9.5.6 Participating employees who terminate service with the District prior to the disbursement of the encumbered account shall be able to withdraw contributions to the extent allowed by ▇▇▇▇ and SSI made by them to the encumbered account. The amount of such withdrawal shall not include any interest or any portion of the District’s matching funds. 9.5.7 Should the death of a participating employee occur prior to the disbursement of the encumbered account, the District shall pay from the encumbered account to the extent allowed by ▇▇▇▇ and SSI tothe beneficiary of the deceased employee on record with the District, or to the estate of the deceased employee, if no beneficiary is on record, and amount equal to the employee’s contribution to the encumbered account. This amount shall not include any interest or any portion of the District’s matching funds. 9.5.8 At the onset of contribution to the encumbered account, the District shall double deduct for a number of months equal to the number of months for which contributions had not been made since November, 1990. The District shall make its matching contribution in a like manner. 9.5.9 The District shall provide the Association a list of the employees eligible to participate in the division.

Medicare Coverage. The Board agrees to make Medicare coverage available to those employees who are currently not eligible. This provision will be effective beginning November 1, 1990. Each participating employee will be responsible for paying the 9.5.1 The District shall participate in the division (election) for Medicare coverage as provided by AB 265/89 and Government Code Section 22009.03 et. seq. for employees who are members of STRS and were hired before April 1, 1986. This shall be a one-time irrevocable option for said employees to obtain quarters for Medicare coverage as offered by the Social Security Administration. 9.5.2 Said employees shall contribute the applicable rate as determined by the Social Security Administration. The District shall contribute a matching amount. 9.5.3 Said employees shall participate effective November 1, 1990, pursuant to the procedures set forth by STRS and the Social Security Administration. The District shall take the necessary steps to commence payroll deduction for participating employees’ contributions and shall IRU SDUWLFLSDWLQJ HPSOR\HHV· F commence making its matching contributions as soon as practical following the division. 9.5.4 The District shall place employee contributions and its matching contribution into an escrow or like account and shall encumber these funds specifically for Medicare contributions, except as provided below. 9.5.5 Interest earned by the encumbered shall accrue to the District to offset administrative costs associated with the implementation of the program. 9.5.6 Participating employees who terminate service with the District prior to the disbursement of the encumbered account shall be able to withdraw contributions to the extent allowed by ▇▇▇▇ and SSI made by them to the encumbered account. The amount of such withdrawal shall not include any interest or any portion of the District’s matching funds.DLVWULFW·V PDWFKLQJ 9.5.7 Should the death of a participating employee occur prior to the disbursement of the encumbered account, the District shall pay from the encumbered account to the extent allowed by ▇▇▇▇ and SSI tothe beneficiary of the deceased employee on record with the District, or to the estate of the deceased employee, if no beneficiary is on record, and amount equal to the employee’s contribution to the encumbered DPRXQW HTXDO WR WKH HPSOR\HH·V FRQWULEX account. This amount shall not include any interest or any portion of the District’s matching funds.WKH 'LVWULFW·V PDWFKLQJ IXQGV 9.5.8 At the onset of contribution to the encumbered account, the District shall double deduct for a number of months equal to the number of months for which contributions had not been made since November, 1990. The District shall make its matching contribution in a like manner. 9.5.9 The District shall provide the Association a list of the employees eligible to participate in the division.