Termination of Retired Municipal Teacher Status

(1) If the Local Governmental Unit subsequently withdraws from Commission coverage, all Retired Municipal Teachers will cease to be eligible for the Commission's Retired Municipal Teacher coverage. The Commission and the Local Governmental Unit shall jointly determine the termination effective date. (2) Retired Municipal Teachers whose Local Governmental Unit agrees to join the Commission's Health Coverage pursuant to M.G.L. c. 32B, § 19 cease to be Retired Municipal Teachers and, in so doing, their Commission's Basic Life Insurance and Retiree Dental Coverage ends on the date on which the Municipal Employer joins the Commission's Health Coverage. (3) A Local Governmental Unit that decides to join Health Coverage pursuant to M.G.L. c. 32B, § 19 must continue to contribute its premium share to Retired Municipal Teacher coverage until the date that all of the Local Governmental Unit's insureds begin their Health Coverage.