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File #: TMP-8053    Name:
Type: Agenda Item Status: Agenda Ready
File created: 12/12/2024 In control: Finance Committee
On agenda: 12/17/2024 Final action:
Title: Approve Health Benefit Plan Options Offered to All Retirees
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TO:                                           Mayor and City Council

 

FROM:                      Beth Beatty, City Manager

 

SUBJECT:

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Approve Health Benefit Plan Options Offered to All Retirees

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BACKGROUND:

At the November 19, 2024 City Council meeting, Council adopted Ordinance No. 18698 and introduced a new insurance plan for retirees and non-union employees. 

Following that action, the City conducted health insurance open enrollment meetings for both active and retired employees. Based on feedback from these meetings, all retirees will now have the option to continue with the current plan (no change in cost) or choose the new $500 deductible plan (no change in cost).  In addition, dental insurance coverage for the retiree will be included with the new plan.

This proposed change would continue to provide a savings to the City.

 

RECOMMENDATION:

recommendation

It is recommended that the City Council approve the proposed retiree healthcare options. 

 

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