RETIRED EMPLOYEES MEDICAL INSURANCE. For all employees represented by the BMA who retire from the City of Burbank and continue participation in the Public Employees’ Medical and Hospital Care Act, Government Code §22750, as presently enacted or as may be subsequently amended, the City makes the employer contribution for post-retirement health benefits required in Government Code §22892 as presently enacted or as may be subsequently amended. Effective January 1, 2007, for BMA represented employees who retired between June 29, 1992 and December 31, 2003 and chose not to participate in the Retiree Medical Trust set forth in Section F of this Article, the City shall provide a monthly payment to each such retiree as a supplement to their health care insurance in an amount that is calculated by dividing $18,000 by 12 (months) by the number of such retirees until fifteen (15) of such eligible retirees remain. Thereafter, the monthly payment to each retiree as a supplement to their health care insurance shall be $100.00 a month. Eligibility for this benefit remains in effect by the City. The City shall not deduct any taxes from this benefit.
RETIRED EMPLOYEES MEDICAL INSURANCE. For all employees represented by the BMA who retire from the City of Burbank and continue participation in the Public Employees’ Medical and Hospital Care Act, Government Code §22750, as presently enacted or as may be subsequently amended, the City makes the employer contribution for post-retirement health benefits required in Government Code §22892 as presently enacted or as may be subsequently amended.
RETIRED EMPLOYEES MEDICAL INSURANCE. (a) The Authority will provide eligible employees who retire on or before July 31, 2012 with the employee’s choice of either Blue Cross/Blue Shield Traditional Blue POS 201/201 Plan, Original Network or Advantage Network (as described in Schedule B of the 2007-2012 collective bargaining agreement), or Traditional Blue POS 7200 with Health Reimbursement Arrangement, (HRA), funded as described in Section (d), below. The summary plan description for Traditional Blue POS 7200 is included in this agreement as Schedule B. The adjustments described in Section 1(d), above, related to prescription co-pays and annual out-of-network out-of-pocket maximums are also applicable to retirees selecting Traditional Blue POS 7200.
(b) The Authority will provide eligible employees who retire on or after August 1, 2012 with Traditional Blue POS 7200 with HRA, funded as described in Section (d), below.
(c) Beginning with the July 2013 plan year, retirees who subscribe to the Blue Cross/Blue Shield Traditional Blue POS 201/201 Plan will be given the option of transferring to Traditional Blue POS 7200 with HRA, funded as described in Section (d), below
(d) Beginning August 1, 2012, the Authority will establish and maintain a Health Reimbursement Arrangement (HRA) for each retiree who subscribes to Traditional Blue POS 7200, consistent with Section 105(h) of the Internal Revenue Code. At the start of each plan year, the HRA of each participating retiree shall be funded with an amount equal to one hundred percent (100%) of the total deductible for employees hired before June 1, 2016 and eighty-five (85%) of the total deductible for employees hired after June 1, 2016 applicable to their type of coverage (either single or family plan).
(e) The Authority will provide eligible employees who are hired after June 30, 2018 and become eligible to retire with health insurance plan similar to the health insurance they received during the last year of their employment with the Authority.
(f) Unused balances of a retiree’s individual HRA account will not roll over from year to year.
(g) Participating retirees shall be provided with a debit card(s) to access their HRA account. Upon a retiree’s request, additional debit cards may be issued for use by spouses and covered dependents over age 18. There shall be no charge to retirees for additional debit cards.
(h) Retirees who are eligible for Medicare Part B will be provided with Blue Cross/Blue Shield Traditional Blue POS 201/201 Plan, Original N...
RETIRED EMPLOYEES MEDICAL INSURANCE. 1. Prior to July 1, 2000, the City contributed $25/month toward retired employees' medical insurance. Effective July 1, 2000, the City contributed $125/month towards retired employees' medical insurance for all employees represented by the BMA who retired between June 29, 1992 and December 31, 2003.
2. Effective, April 1, 2003, the City provided $20,000.00 to set up a Retiree Medical Trust Coalition. In addition, the City set aside the sum of $2.4 million for three years worth of the monthly payments for the prospective retirees. The anticipated rates are $50.00 per month for FY 2002-2003, $60.00 per month for FY 2003-2004 and $65.00 per month for FY 2004-2005. Employees will contribute $40.00 per month to the trust.
3. The parties agree that the contribution to BERMT effective April 1, 2006 to March 31, 2007, will be as follows:
a. Each employee eligible to be enrolled in BERMT will contribute $52.50 per month to BERMT.
b. The City will contribute $52.50 per month to BERMT for each employee who is eligible to be enrolled in BERMT.
4. The parties agree that the contributions to BERMT effective from April 1, 2007 to March 31, 2008, will be as follows:
a. Each employee eligible to be enrolled in BERMT will contribute $65.00 per month to BERMT.
b. The City will contribute $65.00 per month to BERMT for each employee who is eligible to be enrolled in BERMT.
5. Employees who retired between July 1, 2002 and December 31, 2003, may choose one of the following retiree medical options:
a. $125/month towards PERS retiree medical premiums as outlined in 1 of this Section, or
b. Participation in the Retiree Medical Trust as outlined in 2 of this Section. Once the selection is made, it is irrevocable and remains in effect for the life of the retiree and for their beneficiaries.
6. Employees who retired on or after January 1, 2004, will only be eligible to participate in the Retiree Medical Trust as outlined in 2 of this Section.
