Reso 2020-004 - Laserfiche WebLink

Home

and sixty dollars ($360.00) towards the health and dental plans for retired City employees who are assigned to classifications represented by the San Leandro Police Officers' Association and were members of the City's health and dental plans. In the event the amounts required by the health plans exceed the maximum City contribution, such excess amounts shall be paid by the retiree. Coverage under this section shall continue until the employee's 65th birthday; except for the CaIPERS Medical Plan "employer minimum share" retiree health contribution, which shall continue for life. 24.9 Retired employee dependent eligibility for City health plan contribution is conditional upon the active enrollment of the retired employee. If a retired employee moves outside the service area of their medical plan, the retiree will be allowed an opportunity within thirty (30) days of such move to change medical insurance coverage. If a retired employee remarries, the retiree may add the retiree's spouse to the medical and dental insurance coverage at the City's expense, not to exceed the applicable rate based on date of hire, date of retirement and City service as outlined above. Section 25. Retirement Plan — Two-tier System 25.1 The City shall continue to contract with the California Public Employees' Retirement System (CaIPERS) to provide retirement benefit programs for the term of this Memorandum of Understanding. 25.2 Tier One: For employees hired by the City into the Association prior to January 1, 2013, or for "classic" members of CaIPERS hired after January 1, 2013, the City's contract with CaIPERS provides the 3% @ age 50 retirement formula, fourth level 1959 Survivors Benefit and the Military Service credit, with 12 months final compensation. Employees shall pay an additional three percent (3%) towards the employer's pension contribution rate for a total employee contribution of 12%. Pursuant to IRS Code Section 414 (h)(2), these payments shall be made on a pre-tax basis. The City has contracted with CaIPERS for Employee Cost Sharing as set forth in Government Code section 20516(a). These additional employee pension contributions shall be credited to each member's account as a normal contribution. 25.3 Tier Two: For employees hired on or after January 1, 2013 and classified as "new" members of CaIPERS as defined by Public Employee Pension Reform Act (PEPRA), the City shall maintain a contract with CaIPERS for the provision of a 2.7% @ 57 (highest 36 months) retirement benefit formula. Also pursuant to PEPRA, these employees are responsible for paying one-half of the normal cost of this retirement plan and subject to the reportable annual compensation limit per Government Code Section 7522.10. Section 26. Safety The City shall conform with applicable safety regulations provided by State law to ensure the employee reasonable safe working conditions. The Association agrees to encourage its members to conduct themselves and use their equipment in a safe manner, to promptly report unsafe conditions and equipment and to abide by the guidelines of the applicable City of San Leandro General Safety Rules and applicable departmental rules. In the event an employee leaves the Police Department, the employee shall return all City provided safety equipment to the Department. W