Title
Resolution Authorizing Certain Benefit Options to RSA Retiring Medicare Eligible Employees who are not vested with the City.
Summary
Description of Topic: (who, what, where, when, why and how much)
Medicare eligible employees (65 or older) who are retiring with RSA eligibility, but who do not have 10 years in with the City (not vested with the City) are currently not able to take advantage of paying their medicare supplement through the City at the City's reduced group rate. Allowing these retiring employees to do this would not cost the City any monetary value. Additionally, it is desired to allow them to continue their dental coverage through the City as well ($1,000 maximum coverage per member per year).
Budgetary Impact: NONE
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
____ Not budgeted requiring increase to account #___________ in the amount of $____________.
Capital - Departmental
____ Budgeted under account #______________ for $___________ and described in budget as __________________________________.
Additional amount needed, if any: Increase in budget of $_____________ OR, transfer of $___________ from Account #____________ to Account #_______________
____ Not Budgeted - account #____________ requires budget increase of $_____________.
Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
_____ Yes, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________
Body
WHEREAS, Medicare eligible employees (65 or older) who are retiring ...
Click here for full text