FOR REGULAR FULL-TIME EMPLOYEES. While employed, the City shall pay ninety percent (90%) of premiums for the cost of CalPERS coverage for the employee and eligible dependents, not to exceed the benchmark premium, which is currently Blue Shield Access + HMO. The City has the right to select the benchmark HMO plan each calendar year, which shall be substantially the same as the existing plan in terms of coverage and providers. The City’s selection shall occur no less than ten (10) days prior to the open enrollment period. The City shall provide notice to employees if the benchmark plan changes from the previous year. The new benchmark plan rates will not take effect until the first of the following year. The employee shall pay the remaining ten percent (10%) of the medical premiums for the employee and eligible dependents and shall also be responsible for payment of all deductibles, co-payments, and disallowed costs. The employee share shall automatically be deducted from the employee’s payroll check in two (2) equal payments each month. Upon retiring, the City shall contribute in the following amounts toward the premiums for the cost of CalPERS coverage for the annuitant and eligible spouse only, not to exceed the benchmark premium, which is currently Blue Shield Access + HMO. The City has the right to select the benchmark HMO plan each calendar year, which shall be substantially the same as the existing plan in terms of coverage and providers. The City’s selection shall occur no less than ten (10) days prior to the open enrollment period. The City shall provide notice to annuitants if the benchmark plan changes from the previous year. The new benchmark plan rates will not take effect until the first of the following year. The eligible annuitant shall pay the remaining amount of the medical premiums and shall also be responsible for payment of all deductibles, co-payments, and disallowed costs.
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Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
FOR REGULAR FULL-TIME EMPLOYEES. While employed, the City shall pay ninety seventy percent (9070%) of toward the premiums for the cost of CalPERS coverage for the employee and eligible dependents, not to exceed the benchmark premium, which is currently Blue Shield Access + HMO. The City has the right to select the benchmark HMO plan each calendar year, which shall be substantially the same as the existing plan in terms of coverage and providers. The City’s selection shall occur no less than ten (10) days prior to the open enrollment period. The City shall provide notice to employees if the benchmark plan changes from the previous year. The new benchmark plan rates will not take effect until the first of the following year. The employee shall pay the remaining ten percent (10%) amount of the medical premiums for the employee and eligible dependents and shall also be responsible for payment of all deductibles, co-payments, and disallowed costs. The employee Employee share shall automatically be deducted from the employee’s payroll check in two (2) equal payments each month. Upon retiring, for eligible annuitants who elect to participate in the City’s medical insurance, the City shall pay only the PEMHCA minimum toward annuitant only coverage. The eligible annuitant shall pay the remaining amount of the medical premiums and shall also be responsible for payment of all deductibles, co-payments, and disallowed costs. While employed, the City shall contribute in the following amounts toward the premiums for the cost of CalPERS coverage for the annuitant employee and eligible spouse onlydependents, not to exceed the benchmark premium, which is currently Blue Shield Access + HMO. The City has the right to select the benchmark HMO plan each calendar year, which shall be substantially the same as the existing plan in terms of coverage and providers. The City’s selection shall occur no less than ten (10) days prior to the open enrollment period. The City shall provide notice to annuitants employees if the benchmark plan changes from the previous year. The new benchmark plan rates will not take effect until the first of the following year. The employee shall pay the remaining amount of the medical premiums and shall also be responsible for payment of all deductibles, co-payments, and disallowed costs. Employee share shall automatically be deducted from employee’s payroll check in two (2) equal payments each month. 30 – 39 hours per week 75% of full-time benefit 20 – 29 hours per week 50% of full-time benefit Less than 20 hours per week no contribution Upon retiring, for eligible annuitants who elect to participate in the City’s medical insurance, the City shall pay only the PEMHCA minimum toward annuitant only coverage. The eligible annuitant shall pay the remaining amount of the medical premiums and shall also be responsible for payment of all deductibles, co-payments, and disallowed costs.
Appears in 1 contract
Samples: Memorandum of Understanding