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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 coverage is established as the same <br /> dollar contribution paid for active employees at the employee plus one rate of <br /> 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 <br /> through the City of Pleasanton, the City will reimburse the retiree up to the <br /> eligible amount, but no more than the amount paid by the retiree. Retirees <br /> must 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. <br /> Upon qualifying for and receiving parts A and B of Medicare, the City shall not <br /> be obligated to contribute an amount in excess of the monthly premium for the <br /> lowest cost HMO health plan supplement to Medicare for employee and one <br /> dependent. <br /> D. Vesting Schedule for Employees Hired on or After January 21, 2009 <br /> 1. Service Retirement <br /> For all employees who retire via a service retirement from the City of <br /> Pleasanton, the City shall pay four percent (4%) for each year of service of the <br /> City's contribution toward the monthly premium for single coverage. <br /> Page 11 of 44 <br />