Agenda Packets - 2011/07/25 - Laserfiche WebLink

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Revised: July 25, 2011 4 Pursuant to applicable state law, retired employees will be allowed to continue on the City’s group health insurance plan and/or dental plan at their own expense as long as they are either (1) receiving disability benefits or retirement annuity benefits from a Minnesota public pension plan (such as PERA) other than a volunteer firefighter plan; or (2) have met the age and service requirements necessary to receive an annuity from a public pension plan, but have opted not to draw upon the funds at the time they retire. Employees who retire before age 65 must be allowed to stay in the group benefit plans at the same rate as the active employees until age 65. Retirees at 65 and older may a different plan sponsored by the City and at a different premium rate. Retirees 65 and older will be offered an option to continue on some city-sponsored benefit plan, but they do not have to be offered the same benefit plan as active employees and early retirees. The City will provide continued health insurance coverage pursuant to applicable Minnesota law for peace officers and firefighters disabled or killed in the line of duty and for dependants meeting the applicable eligibility criteria. Coverage will continue for the officer, firefighter, or their dependents if appropriate, at the City’s expense until the officer or firefighter reaches the age of 65. The City will comply with all state and federal laws with regard to providing proper notice to former employees of their right to continued health and dental insurance coverage. B. LIFE INSURANCE Whenever a covered employee ceases employment with the City, insurance coverage will be discontinued on the first day of the month following the date of termination. An employee separated from their employment with the City may elect to continue life insurance for a period up to 18 months at the terminating employee’s expense. C. FLEXIBLE BENEFITS Dependent Care Expenses Employees can submit claims for dependent care costs, which were incurred before leaving City employment, until December 31 of the plan year. Dependent care expenses incurred after the employee leaves the City are not eligible for reimbursement. Other Medical Costs Employees may continue to file reimbursement claim forms for “Other Medical Costs” after termination of employment or reduction in hours. Claim forms can be submitted through the end of the plan year on the Fridays, which are scheduled as Flex Claims Due days.