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01
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2022
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062822 SPECIAL
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01
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Last modified
6/22/2022 2:40:47 PM
Creation date
6/22/2022 2:31:04 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
6/28/2022
DESTRUCT DATE
15Y
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I3 35% <br /> (4 40% <br /> I5 45% <br /> Ih 48% <br /> I 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 <br /> paid for active employees at the single rate of the lowest cost HMO early retiree plan. <br /> ,Employees who retire on or after January I. 2024 will begin to receive a benefit -•-t Formatted:Font:Not Bold <br /> calculation based on the City's contribution for an actix e employee at the employee only <br /> rate of the Imy est cost HMO plan. The minimum monthly contribution is currently_ <br /> twenty-ti'e dollars($25)per month. <br /> 4.Reimbursement for non-Cit)Plans <br /> In the event a retiree obtains medical coverage through a plan not offered through the <br /> City of Pleasanton, the City will reimburse the retiree up to the amount outlined in <br /> Section 16.2 D.3 for the single rate,but no more than the amount paid by the retiree. <br /> Retirees must supply proof of coverage and proof of payment in order to be reimbursed. <br /> 5.Benefits for Medicare Eligible Retirees <br /> Retiree health benefits will cease once a retiree becomes Medicare eligible. <br /> 6.Retiree Health Savings Account <br /> For employees hired on or after July 1,2012 and who have successfully passed <br /> probation the City will contribute seventy-five dollars($75)per month to the <br /> employee's RHSA.Additionally,each employee eligible for the City contribution will <br /> have a mandatory,pre-tax deduction of twenty-five dollars($25)per month toward the <br /> RHSA.The total monthly contribution to the RHSA will be one hundred dollars <br /> ($100).However,those employees contributing to the RHSA may increase the <br /> mandatory employee contribution above twenty-five dollars($25)if a fixed amount is <br /> agreed to by,and implemented for,all contributing employees. <br /> 27 <br />
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