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04/04/2011 Council Packet
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04/04/2011 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
04/04/2011
Council Meeting Type
Work Session Regular
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12 <br />Plan Provisions <br />The following summary of plan provisions represents our understanding of <br />the substantive plan. <br />Medical Benefits <br />Eligibility The plan provides benefits to individuals who <br />terminate service with the City through service <br />retirement or disability retirement. <br />Service or A City employee who has left employment or is disabled <br />Disability and is receiving or eligible to receive a pension <br />Retirement under the Minnesota Public Employees Retirement <br />Eligibility System. <br />Other Employees who terminate employment before attaining <br />terminations service retirement eligibility are only eligible for <br />COBRA coverage. <br />Dependent Spouses and children (while dependent) of eligible <br />eligibility retiree are eligible for the plan while the eligible <br />employee is under age 65. <br />Survivor <br />eligibility <br />Upon the death of a covered retiree, coverage can <br />continue for a spouse until age 65. <br />Member Retirees or single eligible spouses are required to <br />contributions contribute for their coverage 100% of the "total <br />premium ". "Total monthly premiums" in effect for 2008 <br />are as follows: <br />Other <br />Postretirement <br />Welfare Benefits <br />Weighted Average <br />None <br />Single Family <br />$355 $995 <br />City of Lino Lakes Minnesota, Retiree Health Benefit Plan - November 2008 <br />
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