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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 <br /> contribution paid for active employees at the employee plus one rate of the lowest cost <br /> 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 <br /> the City of Pleasanton, the City will reimburse the retiree up to the amount outlined in <br /> Section 16.2.C.3 but no more than the amount paid by the retiree. Retirees must <br /> supply proof of coverage and proof 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 <br /> qualifying for and receiving parts A and B of Medicare, the City shall not be obligated <br /> to contribute an amount in excess of the monthly premium for the lowest cost HMO <br /> health plan supplement to Medicare for employee and one dependent coverage (two- <br /> party rate). <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 <br /> City shall 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 /> 35 <br />