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Board discusses extending post‑retirement health benefit to support staff; resolution required
Summary
Hickman County school leaders discussed a proposal to extend the district's post‑retirement health benefit program (OPEB/OPAI) to support personnel who meet existing service thresholds. Staff warned the move would require a resolution, actuarial review and carries short‑term funding exposure.
The Hickman County Board of Education held an extended discussion July 7 about whether to extend the district's post‑retirement health insurance supplement program (referred to in the meeting as OPAI/OPEB) to support personnel as well as certificated staff.
Director of Schools Mullins explained the program assists retirees by paying health insurance premiums in the gap period before Medicare eligibility and helps pay Medicare Part B supplement costs after Medicare enrollment. Mullins told the board the program was established in February 2015 and benefits increase with years of service; under current language…
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