The interlocal agreement in effect between the city and the TML Intergovernmental Employee Benefits Pool provides that the Board of Trustees may adopt rules and regulations. The rules and regulations of the TML Intergovernmental Employee Benefits Pool allow the participating member entity to provide retiree medical coverage at the same contribution as charged to active employees, to select a contribution level which is 160% of the active employee contribution or to offer over age 65 retirees a Medicare supplement. The city elects to have the retiree medical contribution for under age 65 retirees be 160% of the active employee for as long as the TML Intergovernmental Employee Benefits Pool offers this rate structure for retiree medical coverage. Other coverages will be as established annually by the TML Intergovernmental Employee Benefits Pool Board of Trustees.
(Ord. 2004-008, passed 12-21-2004)