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<br />e <br /> <br />e <br /> <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: <br /> <br />10-11-04 <br /> <br />Appropriation <br /> <br />Requested By: <br /> <br />Sherri Samp!l:on <br /> <br />Source of Funds: <br /> <br />Medical Find <br /> <br />Department: Human Re5our~e5 <br /> <br />Account Number: 014-6144-515-6061 <br /> <br />Report: <br /> <br />Resolution: <br /> <br />Ordinance: <br /> <br />x <br /> <br />Amount Budgeted: $],40],235 <br /> <br />Exhibits: <br /> <br />Ordinance <br /> <br />Amount Requested: $3,403,235 <br /> <br />Exhibits: <br /> <br />Exhibit A <br /> <br />Budgeted Item: YES NO <br /> <br />Exhibits: <br /> <br />Summary Memo 9/27/04 <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />This is a companion item to # 11. <br /> <br />At the August 11, 2004, Budget workshop meeting the Chapter 172 Board members presented options to contain <br />cost in the Employee Health Fund by amending the Retiree Ordinance to affect Eligibility Requirements and Retiree <br />Contributions. <br /> <br />By changing the eligibility requirements to the proposed 80 Point rule enrollment can be limited to more affordable <br />number of retirees. Additional changes will limit the City's liability for maintaining health coverage for employees <br />working beyond retirement with the City, for other employers offering health coverage. <br /> <br />The contribution changes will move the Retiree group to a cost sharing approach where Retirees are contributing a <br />substantial portion of Plan costs. <br /> <br />Action Required bv Council: <br />Adopt an Ordinance authorizing redesign ofthe Retiree Health Benefit eligibility requirements and <br />contributions. <br /> <br /> <br />/[)---~ -dtf <br /> <br />Date <br />