Res92 11855 - Laserfiche WebLink

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Employee' s Retirement System (PERS) listed in Attachment D. May 1 - May 31 shall be the annual open enrollment period. Retirement-- For Executive Service personnel employed by the City as of April 1, 1983, who have ten (10) years of service and retire under the City's retirement, the maximum City contribution toward health plan coverage shall be equal to the percent of premium paid for current employees. That amount shall be set forth in Attachment D. Attachment D will be revised July 1, 1993. For Senior Executives who have five (5) years of service and retire under the City's retirement plan, the maximum City contribution toward health plan coverage shall be equal to the percent of premium paid for current employees. That amount shall be set forth in Attachment D. Attachment D will be revised July 1, 1993. Those employees hired after 4/1/83 who have (10) years of service and retire under the City's retirement plan shall have a minimum health care contribution of $16.00 per month paid by the City. An employee employed by the City on April 1, 1983, or thereafter, who retires under the retirement plan provided by Redwood City and has ten (10) years of service may continue to participate in one of the City's medical insurance plans at his/her expense. Employees hired between April 1, 1983 and March 31, 1986, shall be eligible to participate in medicare with the City and the employee each contributing 1.45% of their gross earnings to medicare. Participants shall be subject to all federal statutes governing medicare. Dental Insurance - The City shall contribute sixty dollars ($60.00) per month per each covered employee to provide dental care benefits for employees and eligible dependents of two thousand dollars ($2,000.00) per year and orthodonture coverage of one thousand dollars ($1,000.00) per eligible member. In the event the rate exceeds ($60.00) per month for each covered employee, the City shall pay the excess amount until September 30, 1993. 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 24 months if needed. There will 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. Savings Clause - If, pursuant to any federal or state law which may become effective subsequent to the effective date of this policy, the City is required to pay contributions or taxes for hospital-medical-surgical , dental care, prescription drug or other health benefits to be provided its 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 14 •