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14
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2015
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031715
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8/18/2015 2:44:01 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
3/17/2015
DESTRUCT DATE
15Y
DOCUMENT NO
14
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Side Letter of Agreement#2 <br /> PLAN DESIGN FOR EMPLOYEES WHO RETIRE PRIOR TO JULY 1, 2009 <br /> Hospital and Medical - Retired Employees <br /> Effective March 1, 1990, for all employees who retire for service after March 1, 1990 the City <br /> shall pay for each year of service with the City of Pleasanton, four percent(4%) of the monthly <br /> premium for employee and one dependent of the City's current Kaiser S-1 Health Plan <br /> coverage. Effective March 1, 1990 for all employees who retire for disability after March 1, <br /> 1990, the City shall pay a percentage of the monthly premium for employee and one dependent <br /> of the City's current Kaiser S-1 Health Plan coverage in accordance with the schedule set forth <br /> below: <br /> Years of Service City's Contribution <br /> 10 20% <br /> 11 25% <br /> 12 30% <br /> 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 /> Upon qualifying for and receiving parts A and B of Medicare, the City shall not be obligated to <br /> contribute a monthly amount in excess of the monthly premium for the Kaiser S-1 supplement <br /> to Medicare health plan for employee and one dependent. In the case where the eligible <br /> employee is deceased the amount the City is obligated to pay shall be reduced by 1/2 (one half). <br /> If the spouse remarries, the obligation by the City shall terminate. <br /> The City reserves the right to meet and confer with the Association for the purposes of <br /> coordinating retired employees hospital and medical care in the event Federal or State <br /> legislation is implemented that effects retiree's medical insurance. <br /> Pleasanton Police Officers' Association City of Pleasanton <br /> By: By: <br /> 40 <br />
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