the clergyperson has not yet reached 65 years of age, the Clergy Support Team will pay 100% of the eligible retiring clergyperson’s health insurance premium with the clergyperson responsible for paying the following percentage of the health insurance premium for eligible dependents:


Retiring aſter June 30, 2005 – 20% of premium Retiring aſter June 30, 2006 – 40% of premium Retiring aſter June 30, 2007 – 60% of premium Retiring aſter June 30, 2008 – 80% 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 – 100% of stipend Retiring aſter June 30, 2005 – 80% of stipend Retiring aſter June 30, 2006 – 60% of stipend Retiring aſter June 30, 2007 – 40% of stipend Retiring aſter June 30, 2008 – 20% 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 WITH LESS THAN 35 YEARS OF SERVICE:


As of January 1, 2007, clergy retiring with less than 30 years of service with at least 5 years participation immediately preceding retirement in the conference health insurance program will have access to the conference health insurance program at the clergyperson’s own expense. Eligible dependents with at least 5 years participation in the conference health insurance program will have access to the conference health insurance program at their own expense.


Insurance Grant For Retirees


Retirees who were on the Conference health insurance plan until 12/31/08 and receive a stipend for health care may apply for a grant to help cover: (A) premium costs above the amount of the stipend, and/or (B) prescription drug costs incurred in the Medicare “donut hole”. Te maximum amount for premium assistance is $50 per month. Te maximum amount of prescription assistance is $2250. Applications for grants, with adequate supporting documentation, will be considered by


2010 Missouri Conference Journal F-25


Rules & Policies


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