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29 Local 21/SLCEA Memorandum of Understanding January 1, 2022 – December 31, 2024 Re-enrollment in the medical and/or dental plan shall be allowed only based upon a qualifying event as defined by the IRS codes or during an open enrollment period. Opt-out premiums will be as follows, based on the employee’s status and eligibility during the active benefit year, in accordance with Internal Revenue Code (IRC) timelines and qualifying events: Employee rate: Medical $200 +/or dental $50 = $250/month maximum Two-party rate: Medical $350 +/or dental $50 = $400/month maximum Family rate: Medical $500 +/or dental $50 = $550/month maximum The parties agree that during the term of this agreement, they will jointly explore various instruments enabling employee savings for retiree medical costs and related purposes. 30.2 Under CalPERS rules, the City will directly contribute the “Minimum Employer Contribution” towards retiree health coverage. Additional retiree health contributions will be made on a reimbursement basis as set forth below as long as the retiree remains enrolled in a CalPERS health plan. The amounts listed below are inclusive of the CalPERS Medical Plan “Minimum Employer Contribution”. 30.3 The City shall pay the contributions required by health plan two-party rate for retired City employees who were assigned to classifications represented by the Union and who are currently members of one of the City’s health plans. The City shall contribute to the health plan’s two-party rate costs, but the maximum amount to be contributed by the City shall not exceed three hundred and sixty dollars ($360.00). 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 CalPERS Medical Plan “Minimum Employer Contribution” retiree health contribution, which shall continue for life. 30.4 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 insurance coverage at the City's expense. The City shall have no obligation to obtain medical insurance for a retiree living outside the service area of its medical insurance plans. The contribution toward retiree insurance will continue, however, until the employee’s 65th birthday. 30.5 The City shall contribute a maximum of seventy dollars and eighty-seven cents ($70.87) toward the monthly dental plan cost for each eligible retired City employee who was assigned to a classification represented by the Union, and who is currently a member of the City's dental plan, or who was a member of the City's dental plan