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-257175-247650Certificated Early Retiree (Age 55-65)Frequently Asked Questions00Certificated Early Retiree (Age 55-65)Frequently Asked Questions-257175352426Am I eligible for retiree benefits?The bargaining agreement Article 17.8 states: (a) An employee must have a minimum of (10) consecutive years of service as a Certificated employee in the District at time of retirement (b) At least (50) fifty years of age or if hired after July 1, 2007 at least (55) fifty-five years of age at time of retirement. The District will contribute $6,150 towards the (1) one or two (2) party medical, dental, and vision plans. How much do the benefits cost?The early retiree benefits (age 55-65) are the same costs as the active employees. Please see the District website usd.k12.ca.us - Go to the Benefit Department and review the Retiree Information tab for current premium and plan information.When do my retiree benefits begin?After the Board of Trustees approves your retirement, you will receive an insurance packet from the benefits department to confirm your plan choices. The insurance plans mirror the plans offered to active employees. The benefits begin the first of the month following your retirement.What happens if the cost for my health insurance exceeds the current District contribution level?The retiree is responsible to pay the additional amount above the contribution level on a tenthly basis (skipping July and August).How do I make payments?You will receive an automatic withdrawal enrollment form that allows the District to automatically withdraw funds directly from your bank account on the 5th of every month (skipping July and August).Can I continue my vision plan?Yes, until age 65 or Medicare eligible.Can I continue the District 45k Group Term Life Insurance Plan?Yes. The premium is paid once a year on an annual basis. The District will send an annual invoice with open enrollment materials. If a retiree waives medical coverage, up to $100 can be used towards the cost of life insurance.When do my retiree benefits end?Early Retiree medical benefits end the first of the month the retiree turns 65 or upon Medicare eligibility. The District Fringe of $6,150 continues through the end of the school year you turn 65. If you decide to continue coverage under one of the District’s Medicare Group Plans, you will need to complete appropriate enrollment forms. A copy of your Medicare Card showing enrollment in Part A and Part B is required by the first of the month you turn 65. Make sure to apply for Medicare through Social Security three-months before your birthday. You can reach Social Security at 800-772-1213. The District will mail plan information and costs to the retiree’s home prior to turning 65. 00Am I eligible for retiree benefits?The bargaining agreement Article 17.8 states: (a) An employee must have a minimum of (10) consecutive years of service as a Certificated employee in the District at time of retirement (b) At least (50) fifty years of age or if hired after July 1, 2007 at least (55) fifty-five years of age at time of retirement. The District will contribute $6,150 towards the (1) one or two (2) party medical, dental, and vision plans. How much do the benefits cost?The early retiree benefits (age 55-65) are the same costs as the active employees. Please see the District website usd.k12.ca.us - Go to the Benefit Department and review the Retiree Information tab for current premium and plan information.When do my retiree benefits begin?After the Board of Trustees approves your retirement, you will receive an insurance packet from the benefits department to confirm your plan choices. The insurance plans mirror the plans offered to active employees. The benefits begin the first of the month following your retirement.What happens if the cost for my health insurance exceeds the current District contribution level?The retiree is responsible to pay the additional amount above the contribution level on a tenthly basis (skipping July and August).How do I make payments?You will receive an automatic withdrawal enrollment form that allows the District to automatically withdraw funds directly from your bank account on the 5th of every month (skipping July and August).Can I continue my vision plan?Yes, until age 65 or Medicare eligible.Can I continue the District 45k Group Term Life Insurance Plan?Yes. The premium is paid once a year on an annual basis. The District will send an annual invoice with open enrollment materials. If a retiree waives medical coverage, up to $100 can be used towards the cost of life insurance.When do my retiree benefits end?Early Retiree medical benefits end the first of the month the retiree turns 65 or upon Medicare eligibility. The District Fringe of $6,150 continues through the end of the school year you turn 65. If you decide to continue coverage under one of the District’s Medicare Group Plans, you will need to complete appropriate enrollment forms. A copy of your Medicare Card showing enrollment in Part A and Part B is required by the first of the month you turn 65. Make sure to apply for Medicare through Social Security three-months before your birthday. You can reach Social Security at 800-772-1213. The District will mail plan information and costs to the retiree’s home prior to turning 65. ................
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