COLLEGE OF THE REDWOODS                           Board of Trustees Policy No. 323

                                                                                    Administrative Regulation No. 323.01

 

POST-65 HEALTH AND WELFARE RETIREMENT BENEFITS

All benefit provisions in this Administrative Regulation are available to administrative, classified management, or confidential employees of the District with employment start dates prior to September 1, 2006.  These benefit provisions are not available to those employees hired on or after September 1, 2006.

Medical, dental, and vision insurance for retirees post age 65 to age 70:
The District will cover 70% of the cost of medical, dental, and vision insurance up to a maximum of $13,500 total for each eligible retired administrative, classified management, or confidential employee during the five-year period from age 65 to age 70.

Requirements:

1. The program begins with those administrative, classified management, or confidential employees retiring on October 7, 1996, and who qualify for service or disability retirement under the State Teachers Retirement System (STRS) or Public Employees Retirement System (PERS) and are drawing retirement pay therefrom.

2. The retiree must have been a full-time employee for the ten years immediately preceding retirement.

3. Sabbatical leave or teacher exchange will count as eligible time within the ten-year period if accepted and used within the first five years of the ten-year period.

4. Leave without pay does not count toward part of the ten-year service requirement, but does not constitute a break in the continuity of the ten-year requirement.

5. Paid sick leave counts toward the satisfaction of the ten-year requirement.

6. Extended sick leave (beyond the paid sick leave time) does not count toward a part of the ten-year service requirement but does not constitute a break in the continuity of the ten- year requirement.

7. The health and welfare benefits shall be consistent with those available to current employees.

The retired employee and spouse will not be eligible to receive new fringe benefit programs or plans, which may accrue to then current employees who are on active employment status with the District at the time the new benefit goes into effect which were not an expansion of the basic benefit program in effect at the time of retirement.

8. If the retired employee predeceases the spouse or domestic partner, the spouse or domestic partner shall continue to receive these benefits until the time when the employee would have attained the age of 70 up to the $13,500 maximum the employee would have received.

9. Dependents other than the spouse or domestic partner shall have no rights of their own for benefits under this program.

10. District payment for participation in this program for the employee and/or spouse or domestic partner shall be terminated at the time that the employee reaches 70 or, if the employee is deceased, at the date the employee would have reached 70, up to the $13,500 maximum. Upon the District discontinuance of premium payments, the employee and/or spouse or domestic partner may elect to continue participation at their own expense provided there has been no break in coverage.

11. This plan, or equal coverage when this plan is combined with other coverage for which the employee is qualified, shall be effective until age 70. Such other coverage shall be, but is not limited to, Medicare A-B and coverage obtained or obtainable through other employment. If an option is available to an employee and/or spouse or domestic partner and the coverage is equal, the employee shall cooperate with the District to exercise the option provided such exercise does provide equal coverage.


Approved by Board of Trustees: June 4, 1990
Amended: October 7, 1996; April 5, 1999; July 11, 2006