In order to be eligible for a retirement stipend you must meet the following criteria:
You may be eligible to buy future URS service years to qualify. If the employee qualifies for unreduced Social Security benefits the district retirement stipend is assumed to be fully offset. Please see Policy #4253 for details on how the stipend is calculated.
In order to be eligible for 4, 5 or 6 years of extended medical insurance you must meet the following criteria:
You may be eligible to buy future service URS years to qualify. Please see Policy #4253 below for details.
COBRA is an acronym for the federal law, the Consolidated Omnibus Budget Reconciliation Act of 1986. The law is designed to allow eligible employees and/or their covered dependents to continue certain health-related group benefits when coverage is lost for a number of reasons.
Note: The law does not require that COBRA coverage is made available if an employee is terminated for “gross misconduct.”
For Employee / Former Employee:
For Spouse of Employee / Former Employee:
For Dependent Child of Employee / Former Employee:
Note: If, as an employee, you go out on a qualified leave under the Family and Medical Leave Act of 1993, special rules apply. The COBRA Qualifying Event will not start until you notify the company, during the leave period, that you will not be coming back or if you do not return at the end of the leave period.
Under the law, the employee or a family member has the responsibility to inform the Human Resource Department of your employer (or former employer) of a divorce, legal separation, or a child losing dependent status under the group health plan within 60 days of this Qualifying Event. There is also a 60-day notification requirement for informing the Plan Administrator of a disability award from the Social Security Administration to qualify for the possible disability extension.
If you are resigning employment with the District, here are some helpful reminders:
If you are preparing to leave employment with Alpine School District this information will help guide you through the process whether you are resigning or retiring.
Educators should make every reasonable effort to complete each contracted year. Educators who find it necessary to terminate employment before the contract year should give notice at least 30 calendar days in advance. Resignation without 30 calendar day notice may result in a $200 penalty.