A. The Employer shall pay the premium minus $100.00 with a $250.00 to $300.00 deductible per person for the employee and Employer shall pay 85% of the cost of the premium with a $600.00 to $750.00 deductible per family federal law, if insured, for the City-sponsored health insurance plan. The employee shall pay $100.00 over 26 pay periods towards individual coverage with a total not to exceed 15% of the cost of the premium with a $600.00 to $750.00 deductible per family.
1. Retired city employees, after twenty (20) years of service and if hired prior to May 1, 1982, shall receive full city insurance benefits at the city’s expense. In the event of the death of any employee within the foregoing time periods, this subsection shall be construed to give the surviving spouse continuing insurance with the premiums paid by the city until his/her death or remarriage, as the case may be. Employees hired after May 1, 1982 and before May 1, 1986, after twenty (20) years of service and having reached the age of 65, shall receive full city insurance benefits at the city’s expense. If the employee has not served said twenty (20) years, said coverage shall be available, but only at said employee’s expense. In all cases, it is the responsibility of the retired employee and his/her spouse to enroll in Medicare, at his/her own expense.
2. If a “retiree” (after 20 years of employment) should find a job with another company and become covered by insurance through that company, the city shall automatically drop that person from the city’s retiree health insurance plan.
3. Retiring employees hired after May 1, 1986, and all employees not covered above shall be entitled to that coverage provided by federal or state law, if any.
B. Any employee who elects not to be covered by the city group health insurance, dental and vision coverages will be provided an annual stipend of one-thousand seven hundred fifty dollars ($1,750) to be paid to that employee prorated in his/her bi-weekly pay.
C. The employer shall provide twenty-five thousand dollars ($25,000.00) in life insurance coverage to each full-time employee under the age of sixty-five (65), and will provide fifteen thousand dollars ($15,000.00) in life insurance coverage to each retiree with twenty (20) years of service hired prior to May 1, 1982. (Ord. 2018.20, 4-15-2019; amd. Ord. 2019.55, 4-20-2020; Ord. 2020.31, 4-19-2021; Ord. 2021.12, 8-16-2021)