Modification of Definition of Health Eligible Retiree. General Members who retire on or after July 1, 2009, but before April 1, 2012, and are receiving a retirement allowance from SDCERS must have twenty (20) years of Creditable Service with the City to receive one hundred percent (100%) of the Retiree Health Benefit and ten (10) years of Creditable Service with the City to receive fifty percent (50%) of the Retiree Health Benefit, as set forth in SDMC Section 24.1201(a)(5). The Health Eligible Retiree benefit for General Members, retiring with a service retirement than ten (10) years or more of Creditable Service but less than twenty (20) years of Creditable Service, shall be increased by five percent (5%) for each year of Creditable Service beyond ten (10) years until the benefit, defined as the health insurance premium, reaches the maximum of 100 percent (100%) at twenty
Modification of Definition of Health Eligible Retiree. General Members who retire on or after July 1, 2009, and are receiving a retirement allowance from SDCERS must have twenty (20) years of service with the City to receive one hundred percent (100%) of the Retiree Health Benefit and ten (10) years of service with the City to receive fifty percent (50%) of the Retiree Health Benefit, as set forth in San Diego Municipal Code Section 24.1201(a) (5). The Health Eligible Retiree benefit for General Members, retiring with a service retirement with more than ten (10) years of Creditable Service but less than twenty (20) years of Creditable Service, shall be increased by five percent (5%) for each year of Creditable Service beyond ten (10) years until the benefit, defined as the health insurance premium, reaches the maximum of 100 percent (100%) at twenty (20) years. The foregoing limitation on the Health Eligible Retiree benefit shall not apply to disability or industrial disability retirements.
