1990 RES R-33-90 - Laserfiche WebLink

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equivalent to the cost of "family" coverage under the Health Net Medical Insurance Program Group Number 50766A. "Family" coverage is that coverage which exists for more than two persons. Any increases in the City's flat dollar contribution after the expiration of this Memorandum of Understanding shall be subject to the meet and confer process. Each employee is required to maintain a minimum coverage for him/herself in a plan of their choice. In those instances where the employee's medical insurance premium is less than the City's monthly contribution, the difference between said dollar amounts shall be provided to the individual employee in the form of a bi-weekly cash disbursement. V. HEALTH INSURANCE AFTER RETIREMENT Employees who are members of the Police Management Unit as of January 1, 1987, shall be eligible for retirement health insurance pursuant to Resolution 4598 (attached as Exhibit C and incorporated herein by reference). Future employees (those serving in representative classifi- cations after January 1, 1987) of the Association shall not be eligible for retirement health insurance pursuant to Resolution 4598 (See Resolution No. R-33-87, attached and incorporated herein by reference as Exhibit D), except as set forth below. Employees who retire after having served a minimum of twenty years with the City shall have their, and their spouse's, premiums paid for by the City up to Medicare age. After the retiree reaches Medicare age, he/she can maintain health insurance with the City, but the retiree must pay his/her, and his/her spouse's, premiums. If the retiree is ineligible for Medicare benefits, the City will continue to pay the premiums as long as the employee remains insurable. For all other employees, all premiums required by their participation in such health insurance plan should be paid by them. Participation in any health insurance plan is contingent upon the health insurance carrier approving the enrollment of a retired employee. VI. OPTICAL PLAN The City shall provide to each employee in the Police Management Unit an optical plan which will include the following: -2-