2008 Journal Cover Pages.pub - Wisconsin Conference United ...

2008 Wisconsin Conference Journalwas the salary-paying unit and were employees prior to December 31, 2009,based on their years of service.b. Beginning January 1, 2009, the Wisconsin Conference will subsidize 60% ofthe Medicare Supplemental Health Insurance premium for eligible retireesand their spouses who are 65 years of age and older and the retiree entered theretired relationship with at least 25 years of service. The retiree must be 65years of age or older for the spouse’s coverage to be subsidized. BeginningJanuary 1, 2010, the subsidy will be 55% and beginning January 1, 2011, thesubsidy will be 50%.c. Beginning January 1, 2009, the maximum subsidy amount the WisconsinConference will pay for the Medicare Supplemental Health Insurancepremium for eligible retirees and their spouses who are 65 years of age andolder will be $3,000 per year per participant.d. Beginning January 1, 2005 the Wisconsin Conference will subsidize 22% ofthe active premium for eligible retirees and their spouses who are less than 65years of age and the retiree entered the retired relationship prior to January 1,2002 with at least 25 years of service.e. For eligible retirees with fewer than 25 years of participation, the percentagesubsidized by the Wisconsin Conference for eligible retirees and theirspouses will be as presented in the tables (below), rounded to the nearestwhole percent.RETIREE’S HEALTH INSURANCE PREMIUMS IN 2009Age at Year ofRetirementWithout MedicareConference Pays withMedicareLess than 60years of age1-9 years of service = 0%10 and above = .5% per year ofservice1-9 years of service. = 0%10 and above = 2.4% per year ofservice60 – 64 years ofage65 years andaboveMaximum of 12.5% of premium1-9 years of service = 0%10 and above = .8% per year ofserviceMaximum of 20% of premium1-9 years of service = 0%10 and above = .8% per year ofserviceMaximum of 20% of premiumMaximum of 60 % of premium1-9 years of service = 0%10 and above = 2.4% per year ofserviceMaximum of 60 % of premium1-9 Years of Part. = 0%10 and above = 2.4% per year ofserviceMaximum of 60 % of premiumRules and Policies of the Wisconsin Conference341