Health Insurance/Employee Option Benefit Fund. 1. The City of Pasadena participates in the CalPERS Medical program (per the Public Employee Medical and Hospital Care Act – “PEMHCA”). For employees enrolled in a CalPERS medical plan, the City contributes the required statutory minimum (per Government Code Section 22892) toward the medical premium which is part of the EOBF allowance. 2. The Employee Option Benefit Fund (EOBF) allowance is used to offset health premium costs and includes the PEMHCA minimum. 3. The 2017 EOBF monthly allowance (including the PEMHCA minimum) for employees enrolled in a medical plan offered through the City is: Employee Only $1,343.57 $573.89 Employee + 1 $1,343.57 $1,147.78 Employee + 2 $1,492.11 $1,492.11 4. New employees hired by the City on or after July 1, 2014, will receive an EOBF allowance (including the statutory minimum) that equals the lower of the premium of Blue Shield Access+ or Kaiser (LA Region) for the tier in which they enroll (employee only, employee+1 employee+2 ). 5. Increases to each tier (employee only, EE+1, EE+2) will only occur when the lower of the premium for the CalPERS LA Region for Blue Shield Access+ or Kaiser exceeds the current allowance. The allowance in each tier will equal the lower of the LA Region Blue Shield Access+ or Kaiser premium but shall not be lowered below the 2014 allowance. The allowance includes the PEMHCA minimum. 6. EOBF Opt-Out Allowance: Employees who elect to opt out of medical coverage offered by the City because they have provided proof of other group medical coverage will receive an EOBF opt out allowance as listed below. The EOBF opt-out allowance shall be designated to the employee’s deferred compensation account. Employees Hired Prior to July 1, 2014 $1,228.57 Employees Hired on or After July 1, 2014 $400
Appears in 1 contract
Samples: Memorandum of Understanding
Health Insurance/Employee Option Benefit Fund. 1. The City of Pasadena participates in the CalPERS Medical program (per the Public Employee Medical and Hospital Care Act – “PEMHCA”). For employees enrolled in a CalPERS medical plan, the City contributes the required statutory minimum (per Government Code Section 22892) toward the medical premium which is part of the EOBF allowance.
2. The Employee Option Benefit Fund (EOBF) allowance is used to offset health premium costs and includes the PEMHCA minimum.
3. The 2017 2021 EOBF monthly allowance (including the PEMHCA minimum) for employees enrolled in a medical plan offered through the City is: Employee Only $1,343.57 $573.89 669.84 Employee + 1 $1,343.57 $1,147.78 1,339.68 Employee + 2 $1,492.11 1,741.58 $1,492.111,741.58
4. New employees hired by the City on or after July 1, 2014, will receive an EOBF allowance (including the statutory minimum) that equals the lower of the premium of Blue Shield Access+ or Kaiser (LA Region) Region 3), whichever is lower for the tier in which they enroll (i.e. employee only, employee+1 employee+2 employee+1, employee+2).
5. Increases to each tier (employee only, EE+1, EE+2) will only occur when the lower of the premium for the CalPERS LA Region 3 for Blue Shield Access+ or Kaiser exceeds the current allowance. The allowance in each tier will equal the lower of the LA Region 3 Blue Shield Access+ or Kaiser premium but shall not be lowered below the 2014 allowance. The allowance includes the PEMHCA minimum.
6. EOBF Opt-Out Allowance: Employees who elect to opt out of medical coverage offered by the City because they have provided proof of other group medical coverage will receive an EOBF opt out allowance as listed below. The EOBF opt-out allowance shall be designated to the employee’s deferred compensation account. Employees Hired Prior to July 1, 2014 $1,228.57 Employees Hired on or After July 1, 2014 $400
Appears in 1 contract
Samples: Memorandum of Understanding
Health Insurance/Employee Option Benefit Fund. 1. The City of Pasadena participates in the CalPERS Medical program (per the Public Employee Medical and Hospital Care Act – “PEMHCA”). For employees enrolled in a CalPERS medical plan, the City contributes the required statutory minimum (per Government Code Section section 22892) toward the medical premium which is part of the EOBF allowance.
2. The Employee Option Benefit Fund (EOBF) allowance is used to offset health premium costs and includes the PEMHCA minimum.
3. The 2017 Effective January 1, 2019, the EOBF monthly allowance (including the PEMHCA minimum) for current employees enrolled in a medical plan offered through the City is: Tier 1: Employee Only $1,343.57 1,180.26 Tier 2: Employee +1 $573.89 1,237.28 Tier 3: Employee + 1 +2 $1,343.57 $1,147.78 Employee + 2 $1,492.11 $1,492.111,608.46
4. New employees hired by the City on or after July 1, 2014, will receive an EOBF allowance (including the statutory minimum) that equals the lower of the premium of Blue Shield Access+ or Kaiser (LA Region) for the tier in which they enroll (employee only, employee+1 employee+2 ).
5. Increases to each tier (employee only, EE+1, EE+2) will only occur when the lower of the premium for the CalPERS LA Region for Blue Shield Access+ or Kaiser exceeds exceed the current allowance. The allowance in each tier will equal the lower of the LA Region Blue Shield Access+ or Kaiser premium but shall not be lowered below the 2014 allowance.
5. The Employees hired by the City on or after January 1, 2015, will receive an EOBF allowance includes (including the PEMHCA statutory minimum) that equals the premium of Blue Shield Access+ or Kaiser (LA Region) whichever is lower for the tier in which they enroll (employee only, employee+1 employee+2).
6. EOBF Opt-Out Allowance: Employees in the unit as of June 30, 2012 who elect to opt out of medical coverage offered by the City because they have provided proof of other group medical coverage will receive an EOBF opt out allowance as listed below. The EOBF opt-out allowance shall of $1,061.26 per month which will be designated to the employee’s deferred compensation account. Employees Hired Prior may elect to have 65% of the EOBF Opt Out allowance paid as cash in lieu of depositing the total allowance to a deferred compensation account offered by the City.
7. Effective July 1, 2014 2012, new employees electing to opt out of medical coverage offered by the City because they have provided proof of group medical coverage will receive an EOBF opt out allowance of $1,228.57 Employees Hired on or After July 1, 2014 $400400 per month which will be designated to the employee’s deferred compensation account. New employees may elect to have 65% of the EOBF Opt Out allowance paid as cash in lieu of depositing the total allowance to a deferred compensation account offered by the City.
Appears in 1 contract
Samples: Memorandum of Understanding
Health Insurance/Employee Option Benefit Fund. 1. The City of Pasadena participates in the CalPERS Medical program (per the Public Employee Medical and Hospital Care Act – “PEMHCA”). For employees enrolled in a CalPERS medical plan, the City contributes the required statutory minimum (per Government Code Section 22892) toward the medical premium which is part of the EOBF allowance.
2. The Employee Option Benefit Fund (EOBF) allowance is used to offset health premium costs and includes the PEMHCA minimum.
3. The 2017 2023 EOBF monthly allowance (including the PEMHCA minimum) for employees enrolled in a medical plan offered through the City is: Employee Only $1,343.57 1,343.58 $573.89 738.80 Employee + 1 $1,343.57 1,476.58 $1,147.78 1,476.58 Employee + 2 $1,492.11 1,919.56 $1,492.111,919.56
43. New employees hired by the City on or after July 1, 2014, will receive an EOBF allowance (including the statutory minimum) that equals the lower of the premium of Blue Shield Access+ or Kaiser (LA Region) Region 3), whichever is lower for the tier in which they enroll (i.e. employee only, employee+1 employee+2 employee+1, employee+2).
54. Increases to each tier (employee only, EE+1, EE+2) will only occur when the lower of the premium for the CalPERS LA Region 3 for Blue Shield Access+ or Kaiser exceeds the current allowance. The allowance in each tier will equal the lower of the LA Region 3 Blue Shield Access+ or Kaiser premium but shall not be lowered below the 2014 allowance. The allowance includes the PEMHCA minimum.
65. EOBF Opt-Out Allowance: Employees who elect to opt out of medical coverage offered by the City because they have provided proof of other group medical coverage will receive an EOBF opt out allowance as listed below. The EOBF opt-out allowance shall be designated to the employee’s deferred compensation account. Employees Hired Prior to July 1, 2014 $1,228.57 Employees Hired on or After July 1, 2014 $400
Appears in 1 contract
Samples: Memorandum of Understanding
Health Insurance/Employee Option Benefit Fund. 1. The City of Pasadena participates in the CalPERS Medical program (per the Public Employee Medical and Hospital Care Act – “PEMHCA”). For employees enrolled in a CalPERS medical plan, the City contributes the required statutory minimum (per Government Code Section 22892) toward the medical premium which is part of the EOBF allowance.
2. The Employee Option Benefit Fund (EOBF) allowance is used to offset health premium costs and includes the PEMHCA minimum.
3. The 2017 2021 EOBF monthly allowance (including the PEMHCA minimum) for employees enrolled in a medical plan offered through the City is: Employee Only $1,343.57 $573.89 669.84 Employee + 1 $1,343.57 $1,147.78 1,339.68 Employee + 2 $1,492.11 1,741.58 $1,492.111,741.58 The 2022 EOBF monthly allowance (including the PEMHCA minimum) for employees enrolled in a medical plan offered through the City is: Employee Only $1,343.57 $719.78 Employee + 1 $1,439.56 $1,439.56 Employee + 2 $1,871.43 $1,871.43
4. New employees hired by the City on or after July 1, 2014, will receive an EOBF allowance (including the statutory minimum) that equals the lower of the premium of Blue Shield Access+ or Kaiser (LA Region) Region 3), whichever is lower for the tier in which they enroll (i.e. employee only, employee+1 employee+2 employee+1, employee+2).
5. Increases to each tier (employee only, EE+1, EE+2) will only occur when the lower of the premium for the CalPERS LA Region 3 for Blue Shield Access+ or Kaiser exceeds the current allowance. The allowance in each tier will equal the lower of the LA Region 3 Blue Shield Access+ or Kaiser premium but shall not be lowered below the 2014 allowance. The allowance includes the PEMHCA minimum.
6. EOBF Opt-Out Allowance: Employees who elect to opt out of medical coverage offered by the City because they have provided proof of other group medical coverage will receive an EOBF opt out allowance as listed below. The EOBF opt-out allowance shall be designated to the employee’s deferred compensation account. Employees Hired Prior to July 1, 2014 $1,228.57 Employees Hired on or After July 1, 2014 $400
Appears in 1 contract
Samples: Memorandum of Understanding