Bids on the new request are expected by
It's the second time the district has requested bids on a new life insurance contract this year. The school board in August approved a new contract with
District leaders hope a second request for bid will result in a lower price tag, district benefits manager
The medical plan has retirees under age 65 paying 50 percent of their premiums, up from 34 percent. For those over age 65, the cost-share will change from 30 percent to 50 percent, and plan costs will vary according to years of service with SCS.
The board in August saw a preliminary life insurance proposal from Superintendent
But the board also instructed Hopson to engage further with both employees and retirees.
Insurance contributions are usually an administrative decision, but Hopson said previously he will put it to a board vote.
Poindexter walked retirees through the options Monday but held out hope they could change for the better.
"A decision has not been made on your life insurance, so we could get a better rate," she said.
Retirees peppered Poindexter with questions, some demanding to know why current employees wouldn't see their benefits affected as much as retirees would.
"The retirees take it on the chin because we have no leverage," retired
Poindexter told the crowd that the rates are set based on claims, and employee claims have been lower than retiree claims.
But Sweat said that still means retirees are taking hit after hit.
"Eventually, we're not going to be able to sustain this," he said.
Retired MCS employee
"But still it's been chop, chop," she said.
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