R-128-21 Revising Resolution No. R-9-20 Governing Compensation and Benefits of Non-Represented Confidential Group Employees

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11 12 13 14 15 13 56% 26 82% 14 58% 27 84% 15 60% 28 86% 16 62% 29 88% 17 64% 30 90% Effective June 30, 2024 the City's contribution for Retiree Health Insurance for all employees hired prior to October 1, 2017 and who retire after the adoption of this Resolution shall be capped at $1,225 per month and adjusted by the sliding scale of yews of Service and associated Percentages set forth in the table above. B. The retiree may use the allotted dollar amount to purchase medical insurance for himself or herself and their legal dependents. The percentage is based on the monthly Cafeteria Plan allowance for active city employees. The dollar amount may fluctuate in future years based on the Cafeteria Plan allowance determined by City Council. However, the dollar amount will never go below the amount the employee will receive when he/she retires. C. EMPLOYEES HIRED ON OR AFTER JULY 1, 2017, For employees in this unit who are hired on or after July 1, 2017; the City shall contribute the mandated minimum stun as required per month toward the payment of premiums for retiree medical insurance under the PEMHCA program. As the mandated minimum is increased, the City shall make appropriate adjustments. l6 D. In the event the retiree moves out of state to an area where the city's health insurance carriers do not provide coverage, the retiree must show proof of health 17 insurance coverage and payment of monthly premiums before reimbursement, subject to the aforementioned formula limits. 18 19 E. If the premium cost is less than the amount allocated by the formula, the retiree does not receive the difference. Additionally, there is no opt -out money paid to the 20 retiree. 21 F. In the event that the city reduces the cafeteria plan allowance, retirees 22 will not receive an amount of premium dollars that is less than their allowance at the time of the reduction. 23 G. The retiree will provide the city with all documentation required for any 24 qualifying event, in a timely manner, but never beyond thirty (30) days of said event. 25 H. Surviving Spouse and Dependent Coverage in the Event of Death of the 26 Retiree. In the event of the death of the retiree who is survived by a spouse or legal dependent, enrolled in a city health insurance plan at the time of the retiree's death, the city shall continue 27 to provide health coverage subject to the aforementioned schedule/formula, subject to other 281 terms and conditions that apply to the Medicare age excess billing, relocation, premiums, etc. Resolution No. R-128-21 Page 7 of 15