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15
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2015
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012015
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15
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8/18/2015 2:03:11 PM
Creation date
1/14/2015 12:28:45 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
1/20/2015
DESTRUCT DATE
15Y
DOCUMENT NO
15
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13 35% <br /> 14 40% <br /> 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 single 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 for <br /> the single rate, but no more than the amount paid by the retiree. Retirees must supply proof of <br /> coverage and proof of payment in order to be reimbursed. <br /> 5. Benefits for Medicare Eligible Retirees <br /> Retiree health benefits will cease once the employee becomes Medicare eligible. <br /> 6. Retiree Health Savings Account <br /> For employees hired on or after July 1. 2012 and who have successfully passed probation the <br /> City will contribute seventy-five dollars ($75) per month to the employee's RHSA. Additionally, <br /> each employee eligible for the City contribution will have a mandatory, pre-tax deduction of <br /> twenty-five dollars ($25) per month toward the RHSA. The total monthly contribution to the <br /> RHSA will be one hundred dollars ($100). However, those employees contributing to the RHSA <br /> may increase the mandatory employee contribution above twenty-five dollars ($25) if a fixed <br /> amount is agreed to by, and implemented for, all contributing employees. <br /> Employees hired between July 1,2012 and May 1, 2013: <br /> Employees hired between July 1, 2012 and May 1, 2013 will contribute $150 per month ($69.23 <br /> per pay period) through payroll deductions beginning the pay period in which the employee <br /> commenced employment with the LPFD. <br /> In the pay period following completion of the employee's 12 or 18-month probationary period, <br /> the City will contribute a one-time payment of$900 or $1,350 (equivalent to $75 for each month <br /> of the 12 or 18-month probationary period) towards the employee's RHSA. <br /> 26 <br />
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