4011 Benefits-Retirement

POLICY NO.: 4011                                                        DATE APPROVED:  1988-11

Policy 

Upon request by the retiree, a three (3) month grace period will be allowed for retiring employees to arrange for their own MSP and Extended Health coverage during which time the board will maintain their coverage. 

Regulations: 

Advance notice of thirty (30) days must be received in order that the appropriate deductions are made from the employee’s final pay. 

Payment for both the employee’s and employer’s portion of the premium is the responsibility of the employee.

Revised: 2011-10

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