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HomeMy WebLinkAboutMINUTES - 03272012 - SD.5RECOMMENDATION(S): ADOPT Resolution No. 2012/96 applying health plan modifications to certain persons retired from classifications represented by the United Chief Officers Association at the time of retirement. FISCAL IMPACT: As shown in the valuation, the result of the health plan changes described herein, if implemented, will create an $859,000 or 0.08% decrease in the Actuarial Accrued Liability and a $48,000 or 0.08% decrease in the calculated Annual Required Contribution. Future valuation results will change with demographic and cost updates but these changes to the most recent valuation as of January 1, 2012 do accurately measure the magnitude and direction of the plan change costs. These figures represent the changes for both active and retired individuals. BACKGROUND: On March 13, 2012, the Board of Supervisors received a report on the District's other post employment benefits regarding proposed future costs/savings of changes in other post employment benefits. At that meeting, staff from the County Administrator's office APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 03/27/2012 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Gayle B. Uilkema, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Lisa Driscoll, County Finance Director, 335-1023 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: March 27, 2012 David Twa, County Administrator and Clerk of the Board of Supervisors By: Carrie Del Bonta, Deputy cc: Ted Cwiek, Human Resources Director SD. 5 To:Contra Costa County Fire Protection District Board of Directors From:David Twa, County Administrator Date:March 27, 2012 Contra Costa County Subject:OPEB - Application of Health Plan Modifications to Persons Retired from Classifications Represented by the United Chief Officers' Association announced that the County Administrator would be recommending that the Board consider taking formal action with respect to proposed changes in health care affecting: BACKGROUND: (CONT'D) employees represented by the United Chief Officers Association, and persons who retired from classifications that were represented at the time of retirement by the United Chief Officers Association and who are eligible for health care coverage. The County Administrator is recommending adoption of the attached resolution (2012/96), which applies health plan modifications (summarized below) to retirees in the above listed groups: Dual Coverage. Provide as of 1/01/13, that employees and retirees and dependents of employees and retirees can no longer have dual coverage in two County/District health or dental plans. This provision will apply to County and District employees and retirees who have spouses or partners who are either County or District employees or retirees. Premium Cost Sharing. Effective August 1, 2012, the District's monthly premium subsidy for the CalPERS Health Plans will be up to an amount equivalent to eighty percent (80%) of the CalPERS Kaiser premium at each level and type of coverage (Medicare retiree only, non-Medicare retiree only, Medicare retiree + one, non-Medicare retiree + one, Medicare retiree + two or more, non-Medicare retiree + two or more) toward the covered employee’s CalPERS or CalPERS Alternative Plan (CCHP) premium. CONSEQUENCE OF NEGATIVE ACTION: Delayed implementation of health plan modifications. CHILDREN'S IMPACT STATEMENT: None. ATTACHMENTS Resolution No. 2012/96