Article XIV - Retirement

14.1 RETIREMENT BENEFITS

14.2.1 A teacher hired prior to September 1, 1997, who totally retires and retires under STRS and has served with the District for twenty (20) years of service will have his/her and his/her spouse’s medical, dental, and vision insurance payment made to the appropriate carriers with the following conditions:

1. Insurance payments not to exceed the cap will be paid for a period of five (5) years.

2. For the following two (2) years, the District will pay 50% of the total insurance package, not to exceed 50% of the benefit cap during the two-year period.

3. Subsequent to these seven (7) years, the retiree may remain on the District policy by paying their own insurance premiums to the district.  These payments to be made on a monthly basis by the retiree.

14.2 INELIGIBILITY

14.2.1 Employees hired after August 1997, will not be eligible for these benefits.