Laserfiche WebLink
MEMORANDUM • <br /> DATE: March 26, 1996 <br /> TO: Michael Morrison, City Manager <br /> FROM: Kim Moore-Sykes, Management Assistant <br /> ITEM: Health Insurance Coverage to Employees Taking Early <br /> Retirement <br /> Because the City has some Staff who may be eligible for early retirement, the question of <br /> continued health care insurance came up. The Minnesota Statutes state that a former <br /> employee of a local government must be allowed to participate indefinitely in the <br /> employer-sponsored hospital, medical, and dental insurance group that the employee <br /> participated in immediately before retirement if: <br /> 1. the employee is receiving a disability benefit; or <br /> 2. an annuity from a Minnesota public pension plan (i.e., PERA). • <br /> The former employee will be able to participate until the age of 65. The City can require <br /> the former employee to contribute or pay the complete premium payment, but the former <br /> employee must be allowed to be pooled in the same group as the active employees. <br /> Dependent coverage is available to the former employee only if the former employee <br /> participated in dependent coverage immediately before leaving the City's employ. The <br /> former employee should put in writing how much insurance coverage he/she wants. <br /> If a former employee does not elect to continue to participate in the City's health <br /> insurance program, the former employee does not have the right to reenter the employer's <br /> group insurance program. <br /> • <br />