Flexible Benefit Plan. The City has contracted with the Public Employees' Retirement System (PERS) for the purpose of providing medical insurance benefits for employees covered by this Memorandum of Understanding, eligible retired employees and eligible survivors of retired employees. Eligibility of retired employees and survivors of retired employees to participate in this program shall be in accordance with regulations promulgated by PERS and subject to the provisions of Section 4 (a) and (b) of the Agreement of May 31, 1991 between the City and the "members of the 1082 Pension System", transferring the 1082 pension system to PERS (See Section 14.3 and Appendix B). Effective upon ratification of this agreement, the City shall contribute the maximums listed below. There shall be no cash back to employees of any excess dollars should the employee elect a plan that is less than the maximums listed below. Employees who elect not to enroll in one of the City’s health plans shall receive $230 per month. The current maximum contribution rates are as follows: None $ 230.00 Single Party $ 1,171.58 Two-Party $ 2093.60 Family $ 2,646.81 Should the employee elect a more expensive plan, the balance of the cost incurred to provide medical care benefits for the employee and eligible dependents shall be paid by the employee. The City shall make a payroll deduction from the employee's pay to cover the difference. Effective January 1, 2024, and every January 1st thereafter, during the term of this agreement the City will increase the City contribution to the medical premium to reflect 50% of the increase to cost from the previous year, of the CalPERS Xxxxxx plan in the area or region which Alameda is assigned. The increase will be based on 50% of the increase to the Employee plus two or more dependents level of coverage. The $106.15 per pay period cash-in-lieu of coverage rate shall not change. Each employee shall be responsible for providing immediate written notification to the Human Resources Department of any change to the number of their dependents which affects the amount of the City payment to the Flexible Benefits Account. An employee, who by reason of failing to report a change in dependents, receives a City payment greater than the amount to which they are entitled shall be liable for refunding the excess amounts received via a reduction in the amount paid to their Flexible Benefits Account. Changes to flexible benefit payments required because of a change in an employee's number of dependents shall take effect at the start of the first pay period in the month next following the month in which advice from the employee is received by the Human Resources Department. No retroactive increases to the City's payments shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding
Flexible Benefit Plan. The City has contracted with the Public Employees' Retirement System (PERS) for the purpose of providing medical insurance benefits for employees covered by this Memorandum of Understanding, eligible retired employees and eligible survivors of retired employees. Eligibility of retired employees and survivors of retired employees to participate in this program shall be in accordance with regulations promulgated by PERS and subject to the provisions of Section 4 (a) and (b) of the Agreement of May 31, 1991 between the City and the "members of the 1082 Pension System", transferring the 1082 pension system to PERS PERS. (See Section 14.3 14.2 and Appendix B). Effective upon ratification B.) As of this agreementJuly 1, 2013, the City shall contribute contributes the maximums listed belownecessary amount up to the Kaiser or Blue Shield Bay Area rates per month per eligible employee for health insurance based upon elected coverage. There shall be no cash back to employees of any excess dollars should the employee elect a plan that is less than the maximums listed belowKaiser or Blue Shield Bay Area plans. Employees who elect not to enroll in one of the City’s health plans shall receive $230 per month. The current maximum contribution rates are as follows: January 1, 2013 Blue Shield Rates None $ 230.00 Single Party $ 1,171.58 784.63 Two-Party $1569.26 Family $ 2040.04 January 1, 2013 Kaiser Rates None $ 230.00 Single Party $ 668.63 Two-Party $ 2093.60 1337.26 Family $ 2,646.81 1738.44 Should the employee elect a more expensive plan, the balance of the cost incurred to provide medical care benefits for the employee and eligible dependents shall be paid by the employee. The City shall make a payroll deduction from the employee's pay to cover the difference. Effective January 1, 20242014, and every January 1st thereafter, during the term of this agreement the City will increase the City its contribution to the Flexible Benefit Plan to reflect 85% of the increase in cost for 2014 from the 2013 rates, if any, of the CalPERS Bay Area Kaiser or Blue Shield premium based upon the coverage level for the employee + 2 or more dependents. The $230 medical component of the 0-Party rate shall not change. Effective January 1, 2015, the City will increase its contribution to the Flexible Benefit Plan to reflect 75% of the increase in cost for 2015 from the 2014 rates, if any, of the CalPERS Bay Area Kaiser or Blue Shield premium based upon the coverage level for the employee + 2 or more dependents. The $230 medical component of the 0-Party rate shall not change. Effective January 1, 2016, the City will increase its contribution to the Flexible Benefit Plan to reflect 75% of the increase in cost for 2016 from the 2015 rates, if any, of the CalPERS Bay Area Kaiser premium based upon the coverage level for the employee + 2 or more dependents. The $230 medical component of the 0-Party rate shall not change. The base coverage will only include the CalPERS Bay Area Kaiser premium rate. Effective January 1, 2017 and on January 1st of every year thereafter until the expiration of this MOU, the City will increase its contribution to the Flexible Benefit Plan to reflect 50% of the increase in cost for the then current year as compared to cost from the previous prior year, if any, of the CalPERS Xxxxxx plan in Bay Area Kaiser premium rate based upon the area or region which Alameda is assigned. The increase will be based on 50% of coverage level for the increase to the Employee plus two employee + 2 or more dependents level of coveragedependents. The $106.15 per pay period cash230 medical component of the 0-in-lieu of coverage Party rate shall not change. Each employee shall be responsible for providing immediate written notification to the Human Resources Department of any change to the number of their his/her dependents which affects the amount of the City payment to the Flexible Benefits Account. An employee, who by reason of failing to report a change in dependents, receives a City payment greater than the amount to which they are he/she is entitled shall be liable for refunding the excess amounts received via a reduction in the amount paid to their his/her Flexible Benefits Account. Changes to flexible benefit payments required because of a change in an employee's number of dependents shall take effect at the start of the first pay period in the month next following the month in which advice from the employee is received by the Human Resources Department. No retroactive increases to the City's payments shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding
Flexible Benefit Plan. The City has contracted with the Public Employees' Retirement System (PERS) for the purpose of providing medical insurance benefits for employees covered by this Memorandum of Understanding, eligible retired employees and eligible survivors of retired employees. Eligibility of retired employees and survivors of retired employees to participate in this program shall be in accordance with regulations promulgated by PERS and subject to the provisions of Section 4 (a) and (b) of the Agreement of May 31, 1991 between the City and the "members of the 1082 Pension System", transferring the 1082 pension system to PERS (See Section 14.3 and Appendix B). Effective upon ratification of this agreement, the City shall contribute the maximums listed belownecessary amount up to the Kaiser or Blue Shield Bay Area rates per month per eligible employee for health insurance based upon elected coverage. There shall be no cash back to employees of any excess dollars should the employee elect a plan that is less than the maximums listed belowKaiser or Blue Shield Bay Area plans. Employees who elect not to enroll in one of the City’s health plans shall receive $230 per month. The current maximum contribution rates are as follows and are based upon the Blue Shield and Kaiser Bay Area rates: The current maximum contribution rates are as follows: January 1, 2013 Blue Shield Rates None $ 230.00 Single Party $ 1,171.58 784.63 Two-Party $ 2093.60 1,569.26 Family $ 2,646.81 2,040.04 January 1, 2013 Kaiser Rates None $ 230.00 Single Party $ 668.63 Two-Party $ 1,337.26 Family $ 1,738.44 Should the employee elect a more expensive plan, the balance of the cost incurred to provide medical care benefits for the employee and eligible dependents shall be paid by the employee. The City shall make a payroll deduction from the employee's pay to cover the difference. Effective January 1, 20242014, and every January 1st thereafter, during the term of this agreement the City will increase the City its contribution to the Flexible Benefit Plan to reflect 85% of the increase in cost for 2014 from the 2013 rates, if any, of the CalPERS Bay Area Kaiser or Blue Shield premium based upon the coverage level for the employee + 2 or more dependents. The $230 medical component of the 0-Party rate shall not change. Effective January 1, 2015, the City will increase its contribution to the Flexible Benefit Plan to reflect 75% of the increase in cost for 2015 from the 2014 rates, if any, of the CalPERS Bay Area Kaiser or Blue Shield premium based upon the coverage level for the employee + 2 or more dependents. The $230 medical component of the 0-Party rate shall not change. Effective January 1, 2016, the City will increase its contribution to the Flexible Benefit Plan to reflect 75% of the increase in cost for 2016 from the 2015 rates, if any, of the CalPERS Bay Area Kaiser premium based upon the coverage level for the employee + 2 or more dependents. The $230 medical component of the 0-Party rate shall not change. The base coverage will only include the CalPERS Bay Area Kaiser premium rate. Effective January 1, 2017, the City will increase its contribution to the Flexible Benefit Plan to reflect 50% of the increase to in cost for 2017 from the previous year2016 rates, if any, of the CalPERS Xxxxxx plan in Bay Area Kaiser premium based upon the area or region which Alameda is assigned. The increase will be based on 50% of coverage level for the increase to the Employee plus two employee + 2 or more dependents level of coveragedependents. The $106.15 per pay period cash230 medical component of the 0-in-lieu of coverage Party rate shall not change. Each employee shall be responsible for providing immediate written notification to the Human Resources Department of any change to the number of their his/her dependents which affects the amount of the City payment to the Flexible Benefits Account. An employee, who by reason of failing to report a change in dependents, receives a City payment greater than the amount to which they are he/she is entitled shall be liable for refunding the excess amounts received via a reduction in the amount paid to their his/her Flexible Benefits Account. Changes to flexible benefit payments required because of a change in an employee's number of dependents shall take effect at the start of the first pay period in the month next following the month in which advice from the employee is received by the Human Resources Department. No retroactive increases to the City's payments shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding
Flexible Benefit Plan. The City has contracted with the Public Employees' Retirement System (PERS) for the purpose of providing medical insurance benefits for employees covered by this Memorandum of Understanding, eligible retired employees and eligible survivors of retired employees. Eligibility of retired employees and survivors of retired employees to participate in this program shall be in accordance with regulations promulgated by PERS and subject to the provisions of Section 4 (a) and (b) of the Agreement of May 31, 1991 between the City and the "members of the 1082 Pension System", transferring the 1082 pension system to PERS (See Section 14.3 and Appendix B). Effective upon ratification of this agreement, the City shall contribute the maximums listed below. There shall be no cash back to employees of any excess dollars should the employee elect a plan that is less than the maximums listed below. Employees who elect not to enroll in one of the City’s health plans shall receive $230 per month. The current maximum contribution rates are as follows: None $ 230.00 Single Party $ 1,171.58 Two-Party $ 2093.60 Family $ 2,646.81 Should the employee elect a more expensive plan, the balance of the cost incurred to provide medical care benefits for the employee and eligible dependents shall be paid by the employee. The City shall make a payroll deduction from the employee's pay to cover the difference. Effective January 1, 2024, and every January 1st thereafter, during the term of this agreement the City will increase the City contribution to the medical premium to reflect 50% of the increase to cost from the previous year, of the CalPERS Xxxxxx Kaiser plan in the area or region which Alameda is assigned. The increase will be based on 50% of the increase to the Employee plus two or more dependents level of coverage. The $106.15 per pay period cash-in-lieu of coverage rate shall not change. Each employee shall be responsible for providing immediate written notification to the Human Resources Department of any change to the number of their dependents which affects the amount of the City payment to the Flexible Benefits Account. An employee, who by reason of failing to report a change in dependents, receives a City payment greater than the amount to which they are entitled shall be liable for refunding the excess amounts received via a reduction in the amount paid to their Flexible Benefits Account. Changes to flexible benefit payments required because of a change in an employee's number of dependents shall take effect at the start of the first pay period in the month next following the month in which advice from the employee is received by the Human Resources Department. No retroactive increases to the City's payments shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding
Flexible Benefit Plan. The City has contracted with the California Public Employees' Retirement System (PERSCalPERS) for the purpose of providing medical insurance benefits for employees covered by this Memorandum of Understanding, eligible retired employees and eligible survivors of retired employees. Eligibility of retired employees and survivors of retired employees to participate in this program shall be in accordance with regulations promulgated by PERS XxxXXXX and subject to the provisions of Section 4 (a) and (b) of the Agreement of May 31, 1991 between the City and the "members of the 1082 Pension System", transferring the 1082 pension system to PERS PERS. (See Section 14.3 and Appendix B). Effective upon ratification B.) Through the term of this agreement, the City shall contribute the maximums listed below. There shall be no cash back to employees of any excess dollars should the employee elect a plan that is less than the maximums listed below. Employees who elect not to enroll in on one of the City’s health plans plans, and show evidence of coverage in an alternative plan, shall receive $230 per month. The current maximum contribution rates are as follows: None Waiver of Coverage $ 230.00 Cash-in-Lieu Single Party $ 1,171.58 $1,097.90 Two-Party $ 2093.60 $2,019.92 Family $ 2,646.81 Should the employee elect a more expensive plan, the balance of the cost incurred to provide medical care benefits for the employee and eligible dependents shall be paid by the employee. The City shall make a payroll deduction from the employee's pay to cover the difference. $2,573.13 Effective January 1, 2024, 2023 and every January 1st thereafter, thereafter during the term of this agreement agreement, the City will increase the City its contribution to the member’s medical premium to reflect 50% of the increase to increased cost from the previous year, of the CalPERS Xxxxxx plan Kaiser Plan in the area or region in which Alameda is assigned. The increase will be based on 50% of the increase to the Employee plus two or more dependents level of coverage. The $106.15 per pay period 230 cash-in-lieu of for waiving medical coverage rate shall not change. Each employee shall be responsible for providing immediate written notification to the Human Resources Department of any change to the number of their his/her dependents which affects the amount of the City payment to the Flexible Benefits Account. An employee, who by reason of failing to report a change in dependents, receives a City payment greater than the amount to which they are he/she is entitled shall be liable for refunding the excess amounts received via a reduction in the amount paid to their his/her Flexible Benefits Account. Changes to flexible benefit payments required because of a change in an employee's number of dependents shall take effect at the start of the first pay period in the month next following the month in which advice from the employee is received by the Human Resources Department. No retroactive increases to the City's payments shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding
Flexible Benefit Plan. The City has contracted with the Public Employees' Retirement System (PERS) for the purpose of providing medical insurance benefits for employees covered by this Memorandum of Understanding, eligible retired employees and eligible survivors of retired employees. Eligibility of retired employees and survivors of retired employees to participate in this program shall be in accordance with regulations promulgated by PERS and subject to the provisions of Section 4 (a) and (b) of the Agreement of May 31, 1991 between the City and the "members of the 1082 Pension System", transferring the 1082 pension system to PERS (See Section 14.3 and Appendix B). Effective upon ratification of this agreement, the City shall contribute the maximums listed belownecessary amount up to the Kaiser or Blue Shield Bay Area rates per month per eligible employee for health insurance based upon elected coverage. There shall be no cash back to employees of any excess dollars should the employee elect a plan that is less than the maximums listed belowKaiser or Blue Shield Bay Area plans. Employees who elect not to enroll in one of the City’s health plans shall receive $230 per month. The current maximum contribution rates are as follows and are based upon the Blue Shield and Kaiser Bay Area rates: The current maximum contribution rates are as follows: January 1, 2013 Blue Shield Rates None $ 230.00 Single Party $ 1,171.58 784.63 Two-Party $ 2093.60 1,569.26 Family $ 2,646.81 2,040.04 January 1, 2013 Kaiser Rates None $ 230.00 Single Party $ 668.63 Two-Party $ 1,337.26 Family $ 1,738.44 Should the employee elect a more expensive plan, the balance of the cost incurred to provide medical care benefits for the employee and eligible dependents shall be paid by the employee. The City shall make a payroll deduction from the employee's pay to cover the difference. Effective January 1, 20242014, and every January 1st thereafter, during the term of this agreement the City will increase the City its contribution to the Flexible Benefit Plan to reflect 85% of the increase in cost for 2014 from the 2013 rates, if any, of the CalPERS Bay Area Kaiser or Blue Shield premium based upon the coverage level for the employee + 2 or more dependents. The $230 medical component of the 0-Party rate shall not change. Effective January 1, 2015, the City will increase its contribution to the Flexible Benefit Plan to reflect 75% of the increase in cost for 2015 from the 2014 rates, if any, of the CalPERS Bay Area Kaiser or Blue Shield premium based upon the coverage level for the employee + 2 or more dependents. The $230 medical component of the 0-Party rate shall not change. Effective January 1, 2016, the City will increase its contribution to the Flexible Benefit Plan to reflect 75% of the increase in cost for 2016 from the 2015 rates, if any, of the CalPERS Bay Area Kaiser premium based upon the coverage level for the employee + 2 or more dependents. The $230 medical component of the 0-Party rate shall not change. The base coverage will only include the CalPERS Bay Area Kaiser premium rate. Effective January 1, 2017 and on January 1st of every year thereafter until the expiration of this MOU, the City will increase its contribution to the Flexible Benefit Plan to reflect 50% of the increase in cost for the then current year as compared to cost from the previous prior year, if any, of the CalPERS Xxxxxx plan in Bay Area Kaiser premium rate based upon the area or region which Alameda is assigned. The increase will be based on 50% of coverage level for the increase to the Employee plus two employee + 2 or more dependents level of coveragedependents. The $106.15 per pay period cash230 medical component of the 0-in-lieu of coverage Party rate shall not change. Each employee shall be responsible for providing immediate written notification to the Human Resources Department of any change to the number of their his/her dependents which affects the amount of the City payment to the Flexible Benefits Account. An employee, who by reason of failing to report a change in dependents, receives a City payment greater than the amount to which they are he/she is entitled shall be liable for refunding the excess amounts received via a reduction in the amount paid to their his/her Flexible Benefits Account. Changes to flexible benefit payments required because of a change in an employee's number of dependents shall take effect at the start of the first pay period in the month next following the month in which advice from the employee is received by the Human Resources Department. No retroactive increases to the City's payments shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding
Flexible Benefit Plan. The City has contracted with the California Public Employees' Retirement System (PERSCalPERS) for the purpose of providing medical insurance benefits for employees covered by this Memorandum of Understanding, eligible retired employees and eligible survivors of retired employees. Eligibility of retired employees and survivors of retired employees to participate in this program shall be in accordance with regulations promulgated by PERS CalPERS and subject to the provisions of Section 4 (a) and (b) of the Agreement of May 31, 1991 between the City and the "members of the 1082 Pension System", transferring the 1082 pension system to PERS PERS. (See Section 14.3 and Appendix B). Effective upon ratification B.) Through the term of this agreement, the City shall contribute the maximums listed below. There shall be no cash back to employees of any excess dollars should the employee elect a plan that is less than the maximums listed below. Employees who elect not to enroll in on one of the City’s health plans plans, and show evidence of coverage in an alternative plan, shall receive $230 per month. The current maximum contribution rates are as follows: None 2022 Maximum City Contribution Waiver of Coverage $ 230.00 Cash-in-Lieu Single Party $ 1,171.58 $1,097.90 Two-Party $ 2093.60 $2,019.92 Family $ 2,646.81 Should the employee elect a more expensive plan, the balance of the cost incurred to provide medical care benefits for the employee and eligible dependents shall be paid by the employee. The City shall make a payroll deduction from the employee's pay to cover the difference. $2,573.13 Effective January 1, 2024, 2023 and every January 1st thereafter, thereafter during the term of this agreement agreement, the City will increase the City its contribution to the member’s medical premium to reflect 50% of the increase to increased cost from the previous year, of the CalPERS Xxxxxx plan Plan in the area or region in which Alameda is assigned. The increase will be based on 50% of the increase to the Employee plus two or more dependents level of coverage. The $106.15 per pay period 230 cash-in-lieu of for waiving medical coverage rate shall not change. Each employee shall be responsible for providing immediate written notification to the Human Resources Department of any change to the number of their his/her dependents which affects the amount of the City payment to the Flexible Benefits Account. An employee, who by reason of failing to report a change in dependents, receives a City payment greater than the amount to which they are he/she is entitled shall be liable for refunding the excess amounts received via a reduction in the amount paid to their his/her Flexible Benefits Account. Changes to flexible benefit payments required because of a change in an employee's number of dependents shall take effect at the start of the first pay period in the month next following the month in which advice from the employee is received by the Human Resources Department. No retroactive increases to the City's payments shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding
Flexible Benefit Plan. The City has contracted with the Public Employees' Retirement System (PERS) for the purpose of providing medical insurance benefits for employees covered by this Memorandum of Understanding, eligible retired employees and eligible survivors of retired employees. Eligibility of retired employees and survivors of retired employees to participate in this program shall be in accordance with regulations promulgated by PERS and subject to the provisions of Section 4 (a) and (b) of the Agreement of May 31, 1991 1990 between the City and the "members of the 1082 Pension System", transferring the 1082 pension system to PERS (See Section 14.3 and Appendix B). Effective upon ratification The structures for the medical component of this the Flexible Benefits Plan will be provided to employees as follows: Through the term of the agreement, the City shall contribute the maximums listed belowbelow for the calendar year 2022. These contribution rates reflect 50% of the Kaiser increase over 2021 contribution rates. There shall be no cash back to employees of any excess dollars should the employee elect a plan that is less than the maximums listed below. Employees who elect not to enroll in one of the City’s health plans and show proof of enrollment in an alternative plan, shall receive $230 106.15 per monthpay period while waiving coverage. The current maximum contribution rates upon ratification of this agreement are as follows: None $ 230.00 Waiver of Coverage: $106.15 per pay period Single Party $ 1,171.58 $1,097.90 per month Two-Party $ 2093.60 $2,019.92 per month Family $ 2,646.81 $2,573.13 per month Should the employee elect a more expensive plan, the balance of the cost incurred to provide medical care benefits for the employee and eligible dependents shall be paid by the employee. The City shall make a payroll deduction from the employee's pay to cover the difference. Effective January 1, 20242023, and every January 1st thereafter, during the term of this agreement agreement, the City will increase the City its contribution to the medical premium member’s Flexible Benefit Plan to reflect 50% of the increase in cost for premiums for the then current year as compared to cost from the previous prior year, of the CalPERS Xxxxxx plan Kaiser rate in the area or region in which Alameda is assigned. The increase will be assigned based on 50% of upon the increase to coverage level for the Employee plus two employee +2 or more dependents level of coveragedependents. The $106.15 per pay period cash-in-lieu of coverage rate shall will not change. Each employee shall be responsible for providing immediate written notification to the Human Resources Department of any change to the number of their dependents which affects the amount of the City payment to the Flexible Benefits Account. An employee, who by reason of failing to report a change in dependents, receives a City payment greater than the amount to which they are entitled shall be liable for refunding the excess amounts received via a reduction in the amount paid to their Flexible Benefits Account. Changes to flexible benefit payments required because of a change in an employee's number of dependents shall take effect at the start of the first pay period in the month next following the month in which advice from the employee is received by the Human Resources Department. No retroactive increases to the City's payments shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding
Flexible Benefit Plan. The City has contracted with the Public Employees' Retirement System (PERS) for the purpose of providing medical insurance benefits for employees covered by this Memorandum of Understanding, eligible retired employees and eligible survivors of retired employees. Eligibility of retired employees and survivors of retired employees to participate in this program shall be in accordance with regulations promulgated by PERS and subject to the provisions of Section 4 (a) and (b) of the Agreement of May 31, 1991 between the City and the "members of the 1082 Pension System", transferring the 1082 pension system to PERS (See Section 14.3 and Appendix B). Effective upon ratification of this agreement, the City shall contribute the maximums listed belownecessary amount up to the Kaiser or Blue Shield Bay Area rates per month per eligible employee for health insurance based upon elected coverage. There shall be no cash back to employees of any excess dollars should the employee elect a plan that is less than the maximums listed belowKaiser or Blue Shield Bay Area plans. Employees who elect not to enroll in one of the City’s health plans shall receive $230 per month. The current maximum contribution rates are as follows and are based upon the Blue Shield and Kaiser Bay Area rates: The current maximum contribution rates are as follows: January 1, 2015 Rates None $ 230.00 Single Party $ 1,171.58 898.01 Two-Party $ 2093.60 1,796.01 Family $ 2,646.81 2,334.81 Should the employee elect a more expensive plan, the balance of the cost incurred to provide medical care benefits for the employee and eligible dependents shall be paid by the employee. The City shall make a payroll deduction from the employee's pay to cover the difference. Effective January 1, 20242014, and every January 1st thereafter, during the term of this agreement the City will increase the City its contribution to the Flexible Benefit Plan to reflect 85% of the increase in cost for 2014 from the 2013 rates, if any, of the CalPERS Bay Area Kaiser or Blue Shield premium based upon the coverage level for the employee + 2 or more dependents. The $230 medical component of the 0-Party rate shall not change. Effective January 1, 2015, the City will increase its contribution to the Flexible Benefit Plan to reflect 75% of the increase in cost for 2015 from the 2014 rates, if any, of the CalPERS Bay Area Kaiser or Blue Shield premium based upon the coverage level for the employee + 2 or more dependents. The $230 medical component of the 0-Party rate shall not change. Effective January 1, 2016, the City will increase its contribution to the Flexible Benefit Plan to reflect 75% of the increase in cost for 2016 from the 2015 rates, if any, of the CalPERS Bay Area Kaiser premium based upon the coverage level for the employee + 2 or more dependents. The $230 medical component of the 0-Party rate shall not change. The base coverage will only include the CalPERS Bay Area Kaiser premium rate. Effective January 1, 2017 and on January 1st of every year thereafter until the expiration of this MOU, the City will increase its contribution to the Flexible Benefit Plan to reflect 50% of the increase in cost for the then current year as compared to cost from the previous prior year, if any, of the CalPERS Xxxxxx plan in Bay Area Kaiser premium rate based upon the area or region which Alameda is assigned. The increase will be based on 50% of coverage level for the increase to the Employee plus two employee + 2 or more dependents level of coveragedependents. The $106.15 per pay period cash230 medical component of the 0-in-lieu of coverage Party rate shall not change. Each employee shall be responsible for providing immediate written notification to the Human Resources Department of any change to the number of their his/her dependents which affects the amount of the City payment to the Flexible Benefits Account. An employee, who by reason of failing to report a change in dependents, receives a City payment greater than the amount to which they are he/she is entitled shall be liable for refunding the excess amounts received via a reduction in the amount paid to their his/her Flexible Benefits Account. Changes to flexible benefit payments required because of a change in an employee's number of dependents shall take effect at the start of the first pay period in the month next following the month in which advice from the employee is received by the Human Resources Department. No retroactive increases to the City's payments shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding