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15 45% <br /> 16 48% <br /> 17 51% <br /> 18 54% <br /> 19 57% <br /> 20 80% <br /> 21 84% <br /> 22 88% <br /> 23 92% <br /> 24 96% <br /> 25 +years of service 100% <br /> 3. City Contributions <br /> The City's contribution for retiree medical is established as the same dollar contribution paid for <br /> active employees at the employee plus one rate of the lowest cost HMO early retiree plan. <br /> 4. Reimbursement for non-City Plans <br /> In the event that a retiree obtains medical coverage through a plan not offered through the City of <br /> Pleasanton, the City will reimburse the retiree up to the amount outlined in Section 16.2.C.3 but <br /> no more than the amount paid by the retiree. Retirees must supply proof of coverage and proof <br /> of payment in order to be reimbursed. <br /> 5. Benefits for Medicare Eligible Retirees <br /> All retirees eligible for Medicare are required to apply for Medicare benefits. Upon qualifying for <br /> and receiving parts A and B of Medicare, the City shall not be obligated to contribute an amount <br /> in excess of the monthly premium for the lowest cost HMO health plan supplement to Medicare <br /> for employee and one dependent. <br /> D. Vesting Schedule for Employees Hired On Or After July 1, 2012 <br /> 1. Service Retirement <br /> For all employees who are hired on or after July 1, 2012 and retire from service, the City shall <br /> provide the following benefit: <br /> The City shall pay for each year of service equivalent to four percent (4%) of the City's <br /> contribution toward the monthly premium for single coverage. <br /> 2. Disability Retirement <br /> For all employees who are hired on or after July 1, 2012 and retire with disability, the City shall <br /> pay a percentage of the City's monthly contribution toward the premium for single coverage in <br /> accordance with the schedule set forth below: <br /> Years of Service City's Contribution <br /> 10 20% <br /> 11 25% <br /> 12 30% <br /> 25 <br />