Agmt95 RCMEA MOU - Laserfiche WebLink

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between their elected coverage and $450.00 to a maximum total shared savings of$205.00 per month. For example, the maximum an employee could receive under this provision is 50% of$205.00 or $102.50 per month. An employee's savings under this provision shall be at least five dollars ($5.00). 19.1.9 The City will offer a second health savings/cash option not to exceed $225.00 per month. 19.1.9.1 If an employee elects no City health plan coverage, the City and the employee shall share equally $450.00 per month. For example, the employee could receive under this provision 50% of $450.00 or $225.00 per month. 19.1.10 For employees covered by this Memorandum of Understanding, the amounts in this Article 19, shall be prorated for each regular part-time employee working (20) or more hours per week. 19.1.11 Any funds remaining at the end of the fiscal year in each individual Cafeteria Plan account shall be returned to the general fund for use consistent with IRS Code Section 125. 19.2 Dental Insurance The City shall continue to provide to eligible employees and dependents fully paid dental insurance through the TLC program through the tenn of this agreement to include coverages as follows: $2,000 annual cap for basic coverage and $1,000 lifetime cap for orthodonture. 19.3 Vision Care The City shall contract with Vision Service Plan (VSP) or a comparable vision care provider to provide vision care benefits for employees and their dependents. The Vision service Plan B provides for an exam every 12 months, lenses every 12 months if needed, and frames every 2 years if needed. There is to be no deductible for employees, but a $20.00 per person deductible will apply to dependents each time benefits are available and will be paid by the employee. 19.4 Savings Clause 19.4.1 If, pursuant to any federal or state law which may become effective subsequent to the effective date of this Memorandum of Understanding, the City is required to pay contributions or taxes for hospital-medical-surgical, dental care, prescription drug or other health benefits to be provided it employees under such federal or state act, the City's obligation to furnish the same benefits under the hospital-medical programs shall be suspended and the contributions 28 .- i ,.-. .- .- ~. .._..~.._.._,._--,.... -----~.