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Other Post -Employment Benefit Programs of the City of "" <br />Actuarial Valuation as of July 1, 2015 <br />Table 3A <br />Summary of Retiree (Benefit Provisions <br />OPER provided: The City has indicated that the only OPEB provided are medical and life <br />insurance coverage, or, in some cases, an HSA contribution toward medical coverage of the <br />retiree's choosing. <br />Access to coverage: Medical coverage is currently provided through CaIPERS as permitted <br />under the Public Employees' Medical and Hospital Care Act (PEMHCA). <br />Medical benefits provided b the City: The Cit ` <br />p y y y provides retiree medical benefits, as <br />defined in PEMHCA resolutions and in various bargaining or 06J,ployment,agreements. <br />For aH retirees covered by a Ca/PERS medical plan regardless of age or bargaining <br />group: The City contributes the Minimum Employer Contribrltdli (MEC) for all retirees <br />who retain coverage in the City's medical plan in accorda,tce, w4h cPEMHCA <br />requirements and the City's current PEMHCA restitutions, The MEGJs $1;22 per month <br />in 2015 and increases to $125 per month':In.2016.2'' <br />For retirees who satisfy the requirements described below, the City provides higher <br />benefits. Eligibility is based on the dat2 of employment and, re#,.i"reYnent dates with the <br />City, as follows: <br />Tier <br />Eligibility <br />Benefits <br />Miscellaneous Employees, Elected Officials hired prior to <br />1 <br />January 1, 1999 <br />100% of medical premium for employee <br />Fire Employees hired prior to July 1, 2000 <br />and dependents <br />Police Employees hired prior to January 1, 2000 <br />Tier 1A: Misc, Police, Elected Officals, retired prior to <br />No Cap <br />January1, 2006 <br />Can opt to waive medical coverage and <br />Fire Eos retired prior to January 1, 2005 <br />receive $6,000 annually in a HSA <br />Tier 1B: Misc, Police, Elected Officials retired on or after <br />Capped at the second highest CaIPERS <br />January 1, 2006 <br />family rate available <br />Fire Ees retiring on or after January 1, 2005 <br />Can opt for HSA contribution <br />Tier 1 C: Elected Officials retiring on or after <br />Same Cap as Tier 1 B <br />February 18, 2009 <br />No HSA option <br />Misc Employees and elected officals hired on or after <br />2-5 <br />January 1, 1999 <br />Fire Employees hired on or after July 1, 2000 <br />CalPERS Minimum Employer Contribution <br />Police Employees hired on or after January 1, 2000, <br />For Tiers 1B and 1C, the second highest family rate plan in the CaIPERS Other Southern <br />California region for 2015 is PERS Care PPO, with a monthly premium of $1,709.03. <br />e It Is our understanding that (a) the City maintains a pre-tax flexible benefit plan for active employees to <br />provide medical premium subsidies in excess of the medical premium subsidies defined in the PEMHCA <br />resolutions, and (b) such additional payments are not required to be provided to retired employees to meet <br />PEMHCA requirements. <br />Bickmore <br />