406.1E2 - Licensed Staff Early Retirment Insurance Options

Board policy 406, Licensed Staff - Termination of Employment, allows the employee to continue to participate in the District's group health insurance plan until age 65 by meeting the requirements of the insurer.

Option 1 - The District will continue to pay the costs of the individual health insurance premium expense.

Option 2 - The District and the licensed staff will both be responsible for the cost of the health insurance premium. The expense of the District shall not exceed the premium amount paid by the District for a single health insurance premium at the date of early retirement of the licensed staff. The licensed staff is responsible for any increase in premium costs and for dependent insurance and must pay the employee's share of the monthly premium amount in full to the Board Secretary prior to to the due date of the District's premium payment to the insurance carrier.

Option 3 - The licensed staff is responsible for the cost of the health insurance premium. The licensed staff must pay the employee's share of the premium by paying the monthly premium amount in full to the Board Secretary prior to the due date of the District's premium payment to the insurance carrier.

The undersigned licensed staff member                        (does, does not) wish to continue to participate in the school district's group health insurance plan.

 

 

 

 

 

 

Licensed Employee

 

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