the conference will provide up to a $235.00 monthly stipend to the retiree’s pension for the purpose of purchasing Medicare supplemental insurance and prescription drug insurance policies to meet the retiree’s needs. For retirees who have not reached age 65, the conference will continue to provide access to HealthFlex insurance as in the previous year.
CLERGY RETIRING UNDER ¶358.2a (20 year Rule): For clergypersons retiring with 20 or more years of service, participation in the conference health Insurance plan may be continued provided premiums are paid 100% by the participant. Upon reaching age 65, the clergyperson and/or spouse will not have access to a conference sponsored health insurance plan.
CLERGY RETIRING UNDER ¶358.2b (30 year Rule): For clergypersons retiring with 30 years or more of service or having reached 62 years of age, the clergyperson is eligible to continue in the conference health insurance program with responsibility for paying the following percentage of the health insurance premium for self and dependents until reaching the age of 65:
Retiring before July 1, 2005 – 50% of premium Retiring aſter June 30, 2005 – 60% of premium Retiring aſter June 30, 2006 – 70% of premium Retiring aſter June 30, 2007 – 80% of premium Retiring aſter June 30, 2008 – 90% of premium Retiring aſter June 30, 2009 –100% of premium
Upon reaching age 65 the clergyperson will receive a stipend based on the schedule below for the purpose of purchasing Medicare supplemental insurance and dental insurance policies to meet the retirees’ need.
Retiring before July 1, 2005 – 50% of stipend Retiring aſter June 30, 2005 – 40% of stipend Retiring aſter June 30, 2006 – 30% of stipend Retiring aſter June 30, 2007 – 20% of stipend Retiring aſter June 30, 2008 – 10% of stipend Retiring aſter June 30, 2009 – no stipend
As of July 1, 2009, clergypersons retiring under this paragraph of Te 2008 Book of Discipline shall have access to the conference health insurance for self and eligible dependents at the clergyperson’s expense until the clergyperson and/or dependents reach age 65.
CLERGY RETIRING UNDER ¶358.2c (40 year Rule): For clergy retiring with 40 years of service and being at least 65 years old, the conference will provide a monthly stipend of $235 for the purpose of purchasing Medicare supplemental insurance and prescription drug insurance policies to meet the retiree’s need. If
F-24 2010 Missouri Conference Journal
Rules & Policies
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