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Effective January 1, 2026 the City shall pay one hundred percent (1000/0) of the premium <br /> cost for a sixty(60)day elimination period with a maximum benefit of ten thousand dollars <br /> ($10,000) per month for a long-term disability insurance plan for employees. <br /> 12.5 Life Insurance. The City shall maintain in effect its existing life insurance plans covering <br /> employees, including term life insurance coverage for each affected employee in the <br /> amount of fifty thousand dollars($50,000)plus fifty thousand dollars($50,000)Accidental <br /> Death and Dismemberment(AD&D) coverage at no cost to the employee. <br /> 12.6 The City shall retain the right to change health, dental, and life insurance carriers, <br /> administer the insurance benefits provided thereunder,and select and/or change any excess <br /> or supplemental insurance carriers as a part of any self-insurance plan during the term of <br /> this MOU, provided that employees continue to receive equivalent benefits and provided <br /> that the parties have met and conferred before the benefits changes are made. <br /> 12.7 When there is a need to discuss matters relating to employee insurance and the City <br /> believes it would be beneficial to involve an Insurance Committee, CASA shall have an <br /> equal number of representatives as the City on such a committee,and the Committee shall <br /> meet as necessary. <br /> 12.8 Retirement Health Savings Plan. Employees participate in the City's Retirement Health <br /> Savings flan (RHS) subject to the following: <br /> A. Employees shall contribute one and one-half percent(1.5%) of their base pay each <br /> pay period to the RHS plan, which amount shall be deposited into the employee's <br /> individual RIIS account. This contribution shall be made on a pre-tax basis. <br /> B, The City will contribute one percent (11/%) of the employee's base pay deposited <br /> into their individual RHS account each pay period. <br /> CONFIDENTIAL ASSOCIATION OF SANTA ANA (CASA) MOU: JULY 1,2025 THROUGH JUNE 30,2028 <br /> Page 45 <br /> 13139922.1 5A370-001 <br />