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Agreement with the Firemen's Benevolent Association <br />February 21, 2012 <br />Page 4 <br />12)Retiring Personnel: Employees who have retired from CaIPERS will not begin work with <br />OCFA prior to the initial date of the contract. However, employees may retire from <br />CalPERS following their transfer to OCFA and such employees will enter the Orange <br />County Employees Retirement System ( OCERS) as new members. <br />Non - retiring employees transferred to OCFA will enter OCERS with the option of electing <br />reciprocity with CaIPERS or no reciprocity with CalPERS. <br />13)Benefits: City - provided health insurance (medical, dental, vision), life and long term <br />disability insurance, and flexible spending plans will cease April 30, 2012. OCFA will <br />provide health insurance coverage effective May 1, 2012. <br />FISCAL IMPACT <br />The FY11 -12 Budget has sufficient funding to cover the net cost of final FBA negotiated items <br />resulting from transitioning Santa Ana Fire to OCFA. It is estimated that the new OCFA fire <br />service contract will generate annual savings to the City of $8.7M to $10M commencing with <br />Fiscal Year 2012 -13. <br />Edward Raya <br />Executive Director <br />Personnel Services Agency <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />zx <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />�� l m <br />