HR Policy 2.03(k)(1)

Printable Version

Subject: Re-employment of Retired MMSD Administrators, Insurance Coverage
Source(s):  

Retired MMSD Administrators who are re-employed as an administrator to serve in an acting position for a limited amount of time shall fall under the following rules concerning health, dental and life insurance coverage:

  1. Administrative retirees hired for an entire contract year will be re-enrolled in the District’s active employee insurance plans. This re-enrollment will be administered and monitored by the District’s Benefits Division.
  2. Administrative retirees hired for less than an entire contract year will not be re-enrolled in the District’s insurance plans, but will instead fall under the following guidelines:
    1. In order to qualify for this benefit, an Administrative Retiree must work twenty (20) or more days during a contract year. Any Administrative Retiree who works less than twenty (20) days during a contract year will not be eligible for this benefit.
    2. All time worked during a contract year will be eligible for inclusion into the calculation of this benefit. All time worked must be submitted to the Executive Director of Human Resources for validation prior to calculation.
    3. A monetary calculation will be completed at the end of the contract year for time worked (20 or more days) during that contract year. The formula shall be:

The number of days worked in the contract year divided by the normal contract length for the position times the District cost for two (2) annual single PPO policies plus the same formula for two (2) single dental policies. There will be no calculation for life insurance.

Example: For contract year 2002-03, a retiree working 45 days as an elementary principal will be eligible for 45 divided by 218 times $9,174.24 = $1,893.77 plus 45 divided by 218 times $589.20 = $121.62 = $2,015.39

  1. For retirees with an existing escrow account, this total will be deposited into the escrow fund.
  2. For retirees without an existing escrow account, this total shall be paid as a salary differential.

July 2002