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5 SLMO 2023-2028 Memorandum of Understanding on or after January 1, 2005 must render five (5) years of continuous service with the City of San Leandro in order to receive retiree medical and/or dental benefits under this section. Medical: Under CalPERS rules, the City will directly contribute the “Minimum Employer Contribution" towards retiree medical coverage. Additional retiree health contributions will be made on a reimbursement basis as set forth below. The amounts listed below are inclusive of the CalPERS Medical Plan “Minimum Employer Contribution.” The City shall pay the contributions required by the health plan two-party rate for retired full-time City employees who were assigned to classifications represented by the San Leandro Management Organization and who are currently members of one of the City’s health plans. The City shall contribute to the health plan two-party rate costs until the employee is eligible for Medicare coverage. The maximum amount to be contributed by the City shall not exceed three hundred and sixty dollars ($360.00) per month. In the event the amounts required by the health plans exceed the maximum City contribution, such excess amounts shall be paid by the retiree, except as provided herein. Coverage under this section shall continue until the employee’s 65th birthday; except for the PERS Medical Plan “Minimum Employer Contribution”, which shall continue for life. 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 to another CalPERS option. If a retired employee remarries, the retiree may add the retiree’s spouse to the medical insurance coverage. The City shall have no obligation to obtain medical insurance for a retiree living outside the service area of its medical insurance plans. Dental: The City shall contribute a maximum of seventy dollars and eighty-seven cents ($70.87) towards monthly dental plan costs for each retired full-time City employee who is currently a member of the City’s dental plan, or who was a member of the City’s dental plan and retired on or after July 1, 1983. Any increases in dental plan costs during the term of this Agreement shall be split equally between the City and the retired employee. Coverage shall continue until age 65. No change in dental plan carrier, or level of benefits, shall be made unless agreed to by the Management Organization. 2.4 Life Insurance (Active) The City shall maintain in effect employer provided Term Life Insurance with AD&D in the amount of fifty thousand dollars ($50,000.00) for active full-time employees. The insurance provider shall be “A-rated”, unless the parties specify otherwise. The City shall make available for employees, the ability to purchase additional life DocuSign Envelope ID: EF681A38-577E-416B-B307-EA76BB515AD5