HomeMy WebLinkAboutRES NO 227-88RESOLUTION NO. 227-88
A RESOLUTION OF THE COUNCIL OF THE CITY OF
BAKERSFIELD REGARDING CITY CONTRIBUTIONS
TO PREMIUMS FOR RETIREES "FEE FOR SERVICE"
HEALTH PLAN.
WHEREAS, the City of Bakersfield wishes to accurately
calculate retiree claims costs; and
WHEREAS, said calculation will, through separate experience
rating, result in increased retiree premiums on the "Fee for
Service" Health Plan; and
WHEREAS, the active employee groupn expressed their
concerns that adjusted higher rates for the "Fee for Service"
Health Plan should be shared by the City.
NOW, THEREFORE, BE IT RESOLVED by the Council of the
City of Bakersfield as follows:
1. Forty-two percent (42%) of the actual premium for the
"Fee for Service" Retiree Health Plan shall be paid by the City of
Bakersfield; and
2. The balance of the above premium shall be calculated
pursuant to the formula attached on Exhibit "A."
3. Retired employees covered under the HMO Insurance
(Health Net Plan) shall only receive City contributions under the
formula described in Exhibit "A."
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I HEREBY CERTIFY that the foregoing Resolution was
passed and adopted by the Council of the City of Bakersfield at a
regular meeting thereof held on November 16, 1988 , by
the following vote:
NOES: COUNCILMEMbERS; None
ABSENT: COU~ILMEMBERS: None
~BSTAINING: COUNCILMEMBERS; None
CITY CLERK and Ex Officio Clerk of the
Council of the City of Bakersfield
APPROVED November 16, 1988
MAYOR of the City ~ff Bakersfield
APPROVED as to
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Attachment - Exhibit "A"
11/15/88
form:
~e ~ity akersfield
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EXHIBIT "A"
CURRENT FORMULA FOR CITY CONTRIBUTION
RETIRED EMPLOYEES GROUP
Effective May 1, 1985, retired employees covered under
the City's health plan shall receive City contributions based
on the following formula: the City shall contribute two percent
(2%) of the monthly premium for Health Net (under age 65 rate)
times each year of service (to the nearest half year) for single-
party coverage, and one and one-half percent (1-1/2%) of monthly
premium for two-party coverage for Health Net (under age 65 rate)
times each year of service (to the nearest half year) for retired
employees with two-party and family coverage.
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