410 - Group Medical, Dental, and Vision Coverage for Retirees

410 - Group Medical, Dental, and Vision Coverage for Retirees

STAFF PERSONNEL

Series 400

 

Policy Title: Group Medical, Dental, and Vision Coverage for Retirees Code No.: 410

 

A licensed, classified, or non-bargaining employee, along with their spouse and dependents, who is currently enrolled in the district’s group medical, dental, and/or vision plan will have the ability to continue coverage upon retirement before the age of 65 provided he or she meets the requirement of the insurer. Eligible employees are those who have attained at least age 55 as of the retirement date and completed a total of 15 full-time (30+ hours per week) continuous years of service to the district or a total of 30 years full-time service to the district.  Retirees covered by the plan make contributions toward the plan premiums for 100% of the plan premium less any allowance that may be offered as part of any district voluntary retirement special pay plan.

 

Medical, dental, and vision benefits under the district's group retiree plan will cease for the retiree and their spouse and/or dependents on the first day of the insurance month that next follows the date the retiree attains the age of 65, or the first day of the insurance month that next follows the date the employee retires if he/she retires after age 65. However, the employee will be able to continue coverage provided he/she makes application to the carrier and pays the first premium to the company within the prescribed timeline of the carrier.

 

It is to be understood that the district does have the right to change or terminate the group medical, dental, or vision plans at any time. Retirees attaining the age of 65 are to be notified in writing of the fact that this right is reserved to the district.

 

 

Date of Adoption/Review/Revision:

August 11, 1986

August 1992

August 1995

June 1998

June 2001

June 2004

July 2007

August 2013

October 2016

November 2022

dawn@iowaschoo… Mon, 02/10/2020 - 07:10