(A) The city hereby elects to provide health benefits coverage to its retirees through Texas Municipal League Group Benefits Risk Pool under the Pool's Interlocal Agreement, under the following conditions:
(1) The retiree with 25 years of service with the City of Burkburnett will be required to reimburse the city an amount equal to 100% of the active employee health insurance premium. In addition, if the retiree elects health insurance and/or dental insurance for any member of his/her family, 100% of the active dependent premium must also be reimbursed. Reimbursement is required no later than the last business day of each month.
(2) A retiree with less than 25 years service with the City of Burkburnett will be required to reimburse the city the full early retiree health insurance premium for the appropriate coverage(s) selected.
(3) All other conditions as prescribed in the City of Burkburnett Personnel Policy Handbook concerning early retiree health insurance protection will apply.
(B) The City hereby adopts the following definition of "retiree" for purposes of this section: an employee meeting the qualifications set out in the Texas Municipal Retirement System (TMRS) Act, and otherwise eligible for benefits.
(C) The City hereby adopts the following benefit plans to be provided to its retirees through the Texas Municipal League Group Benefits Risk Pool:
(1) The same medical plan(s) offered to active employees.
(2) Dental Plan III.
(D) The Interlocal Agreement in effect between the City of Burkburnett and the Texas Municipal League Group Benefits Risk Pool provides that the Board of Trustees may adopt rules and regulations. The rules and regulations of the Texas Municipal League Group Benefits Risk Pool allow the participating member entity to provide retiree medical coverage at the same contribution as charged to active employees or to select a contribution level which is 150% of the active employee contribution. The City of Burkburnett elects to have the retiree medical contribution be 150% for as long as the TML-GBRP offers this rate structure for retiree medical coverage. Other coverage's will be as established annually by the Texas Municipal League Group Benefits Risk Pool Board of Trustees.
(E) This section will only apply to individuals retiring after its effective date or to employees which retired under a previous ordinance. For individuals retiring after the effective date of this section to quality they must enroll for this coverage within thirty (30) days of their retirement.
(Ord. 567, passed 10-19-98; Am. Ord. 725, passed 10-16-06)