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HomeMy WebLinkAboutReso 171-12 Benefit Plan Amended RESOLUTION NO. 171 —12 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN AMENDING THE BENEFIT PLAN WHEREAS, the Personnel System Rules requires the City Council to adopt a Benefit Plan; and WHEREAS, the Benefit Plan prescribes the current benefits provided to employees by the City. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby amend Resolution 109-91 and subsequent amendments.to include the following: Section 2. Medical Insurance: All City employees who are members of the California Public Employees Retirement System (CaIPERS) shall be eligible to select from plans administered by the Public Employees Medical and Hospital Care Act (PEMHCA). Beginning with the January 1, 2013 premium, the City of Dublin will contribute a maximum of up to $1,330.51 per month premium, exclusive of administrative charges, towards medical insurance. If the cost of coverage exceeds the amount of the City contribution, the additional cost will be paid by the employee through payroll deductions or at the employee's option to the extent allowed by Section 4 of the Benefit Plan. Section 9. Retirement: Paragraph 1: (Unchanged). Paragraph 2: (Unchanged). Paragraph 3: (Unchanged). Paragraph 4: Effective October 20, 2012, and pursuant to Article 2 - Contract Provisions, Section 20516 of the California Public Employees Retirement Law (PERL) Employee Cost Sharing of Additional Benefits has been adopted up to a maximum of 4.072%. The City shall apply the provisions of Internal Revenue Code (IRC) 414(h) (2) to all eligible payroll deductions for employee CaIPERS contributions. Employee Cost Sharing of Additional Benefits shall begin at a rate of 1.75%. In future years, increases to Employee Cost Sharing of Additional Benefits shall be determined during a review of the February Consumer Price Index (CPI) = All Urban Wage Earnings and the City's Fiscal Year budget process; not to exceed the maximum of 4.072%. Page 1 of 2 PASSED, APPROVED AND ADOPTED this 2nd day of October, 2012, by the following vote: AYES: Councilmembers Biddle, Hart, Hildenbrand, Swalwell, and Mayor Sbranti NOES: None ABSENT: None ABSTAIN: None J,r..: .t rl4 Mayor ATTEST: ect City Clerk • Reso No. 171-12, Adopted 10-2-12, Item 4.2 Page 2 of 2