It is the purpose of this Chapter to provide a program whereby retired members or beneficiaries, if eligible, pursuant to the terms and conditions hereinafter set forth in this Chapter, shall have subsidy payments made on their behalf for such benefit program or programs specified in Sections 1330, 1428, 1518, 1618, or 1718 of the Charter or Section 4.2018 of the Administrative Code as may be authorized by the Council by ordinance, subject to such conditions of entitlement as may be set forth in such ordinance in accordance with the provisions and limitations of Sections 1330, 1428, 1518, 1618, or 1718 of the Charter or Section 4.2018 of the Administrative Code.
The cost of the subsidies provided in this Chapter and the Board's administrative costs connected therewith shall be provided from the Health Care Coverage Account established in Section 4.1150 of this Chapter and/or the LAFPP Health Care Fund established in Section 4.1150.1 of this Chapter. Notwithstanding all of the foregoing, the cost of the subsidies provided in this Chapter, including all administrative costs, shall be paid first from the Health Care Coverage Account, until it is depleted. Upon depletion of the Health Care Coverage Account, the LAFPP Health Care Fund shall fund the cost of the subsidies provided in this Chapter, including all administrative costs. The Board shall establish the policies and/or procedures necessary to implement this section.
SECTION HISTORY
Added by Ord. No. 147,014, Eff. 3-21-75.
Renumbered and Relocated by Ord. No. 154,536, Eff. 11-30-80.
Amended by: Ord. No. 172,040, Eff. 7-3-98; Ord. No. 173,272, Eff. 6-25-00, Oper. 7-1-00; Ord. No. 176,731, Eff. 6-21-05; Ord. No. 179,538, Eff. 3-2-08; Ord. No. 181,770, Eff. 7-8-11; Second para. added, Ord. No. 182,628, Eff. 7-16-13; In Entirety, Ord. No. 187,351, Eff. 2-21-22.