Laserfiche WebLink
9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />201 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />discretion, choose to enroll in any available City -provided health insurance plan. Employees <br />who retire shall be eligible for City -paid medical insurance coverage until eligible for Medicare <br />based on the formula set forth below. Upon becoming eligible for Medicare, the employee <br />may maintain medical insurance with the City by paying one hundred percent (100%) of <br />his/her premium and any related spouse or dependent* premium. If the retiree is ineligible for <br />Medicare benefits, the City will continue to pay the premiums under the formula set forth <br />below, provided the employee remains eligible for coverage under the City -provided health <br />insurance plan. The retiree is responsible for any portion of the health care premium <br />(including any applicable spouse or dependent coverage) not covered by this formula. <br />Participation in any health insurance plan, whether at the City's or the employee's expense, is <br />subject to any rules and conditions imposed by the carrier, as well as contingent upon the <br />carrier's approving the enrollment of the retiree and any applicable spouse or dependent. <br />Further, the retiree, spouse or dependent shall be financially responsible for complying with <br />any carrier -imposed rule or condition. Retirees shall receive premium dollars based on the <br />following: <br />Years of <br />Service <br />with <br />Colton <br />Percentage <br />of <br />Cafeteria <br />Dollars <br />Years of <br />Service <br />with <br />Colton <br />Percentage <br />of <br />Cafeteria <br />Dollars <br />5 <br />40% <br />18 <br />66% <br />6 <br />42% <br />19 <br />68% <br />7 <br />44% <br />20 <br />70% <br />8 <br />46% <br />21 <br />72% <br />9 <br />48% <br />22 <br />74% <br />10 <br />50% <br />23 <br />76% <br />11 <br />52% <br />24 <br />78% <br />12 <br />54% <br />25 <br />80% <br />13 <br />56% <br />26 <br />82% <br />14 <br />58% <br />27 <br />84% <br />15 <br />60% <br />28 <br />86% <br />16 <br />62% <br />29 <br />88% <br />17 <br />64% <br />30 <br />90% <br />B. The retiree may use the allotted dollar amount to purchase medical <br />insurance for himself or herself and their legal dependents. The percentage is based on the <br />monthly Cafeteria Plan allowance for active city employees. The dollar amount may fluctuate <br />in future years based on the Cafeteria Plan allowance determined by City Council. However, <br />the dollar amount will never go below the amount the employee will receive when he/she <br />retires. <br />C. EMPLOYEES HIRED ON OR AFTER JULY 1, 2017 <br />For employees in this unit who are hired on or after July 1, 2017; the City shall contribute the <br />mandated minimum sum as required per month toward the payment of premiums for retiree <br />Resolution No. R-59-17 <br />Page 5 of 14 <br />