RETIREE PROGRAM. The District shall request that the health insurance carrier allow employees legally retiring from McMinnville School District to remain in the group for the purpose of purchasing health insurance at the group rate until the retired employee becomes eligible for federal Medicare coverage (pursuant to ORS 243.303). The cost of such insurance will be paid by the insured. 1. Employees must make an application for coverage for the insurance benefits. The insurance coverage will be effective with the first day of the month following a regular salary payment and coverage will continue through the following September. 2. The District has a Section 125 Plan in which all District employees may participate.
Appears in 2 contracts
Sources: Memorandum of Understanding, Collective Bargaining Agreement