Retirement Benefits  P-5165 

5100     EMPLOYMENT PROCEDURES
5160     Separation                                                                         

 Policy - 5000 Certificated Personnel || Table of Contents || Back || Next 

1.0 Retirement from District Service

1.1 Employees retiring from District service shall receive all legal entitlements provided under the State Teachers' Retirement System or the Public Employees' Retirement System and Old Age, Survivors, Disability Insurance (Social Security).

2.0 District Benefits

2.1 District health premium contributions for eligible identified District retired employees shall be provided as approved by the Governing Board. Eligible retirees fall under two district categories as stated below:

2.1.1 District retirees who were granted contributory status on June 11, 1980 by the Governing Board who met all of the following conditions:

2.1.1.1 Retired between the years 1969 through June 30, 1978 and

2.1.2.2 had remained on the District recognized health plan and

2.1.2.3 had served the District for a minimum three (3) years and

2.1.2.4 were drawing benefits from STRS - PERS retirement system on June 11, 1980.

2.1.2 District retirees who retired since July 1, 1978 who were eligible for District health insurance contribution per provisions of the applicable collective bargaining contract which was in effect upon retirement shall be eligible for retirement benefits per this policy.

3.0 Effective Date of District Contribution

3.1 Effective July 1, 2008, the District contribution for eligible retirees shall be established at $197.00. per month.

3.2 Should the District monthly contribution exceed the monthly District health plan premiums for retirees, such excess contribution shall be available to retiree for payment of Medicare Part A and B premium costs. District monthly contribution shall be limited to the total District health plan premium cost established for retirees and the Medicare Part A and B premium cost.

3.3 Qualifying years of service and other requirements stated in collective bargaining contracts relating to District contributions for retiree health benefit plans shall apply to active employees who will be retiring under the provisions of the contract in effect at time of retirement.

3.4 Retirees are bound by their choice of the District health plan made during the open enrollment period just prior to retirement, and must participate continuously in the plan in order to remain in the selected district health plan.

3.5 The retiring employee may elect to be covered by a health plan other than a district health plan, and the established monthly district contribution level shall apply. Once a health plan other than the District's plan is selected, the retiring employee or retiree will not be allowed to reenroll in a district health plan.

3.6 In order to receive the District contribution, the employee must be vested in either the California State Teachers Retirement System (STRS) or the California Public Employees Retirement System (PERS) and be collecting retirement benefits from either PERS or STRS. The employee must resign his/her district position.

3.7 The monthly district contribution for health care benefits for the retiree shall be processed electronically utilizing the retiree's selected financial institution.

4.0 Changes in District Contribution

4.1 Future changes in premiums shall be recommended annually prior to July 1 and are subject to the District's ability to pay. Any changes in the contribution rate for retiree health insurance shall become effective the first of the month following adoption of the new rate or as determined by the Board.