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. `Y \ � r �� . . <br /> IV. HEALTH BENEFITS <br /> Medicai Insuranae/ ria Plan - The �ty agrees to contract with the Califomia • <br /> Public Employee's Retirement System (PERS) for participation under the Public <br /> Employees Medical and Hosp'�tal Care Act (Govemment Code Secction 22751, et, seq.), <br /> pursuant specificaily to Govemment Code Secfion 22825 and 22850. <br /> The City's maximum contribufion for each active employee for a Health Benefit Ptan (as <br /> referenced in Govemment Code 22825) shall not exceed sixteen dollars ($16.00) per <br /> month. <br /> The health plans offered shail be those of the Califomia Pubiic Employee's Retirement <br /> System (PERS). <br /> For Executive Management employees who have five (5) years of service and retire <br /> under the City's retirement, the maximum City contribution toward health plan coverage <br /> shali be equal to the percent of premium paid for an active empioyee. <br /> In the event there are any costs not charged to the City due to delays by PERS and/or <br /> other administrative agencies in calculating or report�ng these costs, said costs shall be � <br /> carried over and charged as administrative costs to the following plan year and <br /> deducted from the aforementioned monthly dollar caps accordingly. <br /> The City shall establish in accordance with Section 125 of the IRS Code a Cafeteria Plan <br /> establishing the following individual accounts for each active employee <br /> A. PERS Medical Premiums <br /> B. Dependent Care � <br /> C. Health Care Reimbursement <br /> The City's maximum monthly contribution for each active employee for the <br /> . aforementioned Cafeteria Plan shall be equal to the Kaiser Family Premium per <br /> employee minus any costs incurred by the City to maintain said Cafeteria Plan in <br /> compliance with IRS Code Section 125, and minus any costs incurred by the City to <br /> maintain the PERS Health Benefits Plans in compliance with Government code Section <br /> Z�751, et. Seq. Such costs include, but are not limited to surcharges, and/or <br /> administrative fees. <br /> Any funds remaining at the end of the fiscal year in each individual Cafeteria Plan <br /> account shall be returned to the general fund for use consistent with IRS Code Section <br /> 125. <br /> a. Health Savings/Cash Ootion - If an employee elects a City health plan or <br /> coverage which costs less than the Kaiser Family Premium, the City and the <br /> s <br />