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<br />,. r . ..~ <br /> <br />~ Costs to the r~m. .ee, retiring on or after January 01, 2006, shall be baSed. on a <br />cost schedule determined. by years of service: <br />At least 20 years of service Retiree pays 60% of city cost <br />+ Dependent premiums <br />At least 21 years of service Retiree pays 55% of city cost <br />+ Dependent premiums <br />At least 22 years of service Refuee pays 50% of city cost <br />+ Dependent premiums <br />At least 23 years of service Retiree pays 45% of city cost <br />+ Dependent prep:rl.ums <br />At least 24 years of service Retiree pays 40% of city cost <br />+ Dependent prC4niums <br />At least 25 years of service Retiree pays 35% of city cost <br />+ DePendent premiums <br />At least 26 years of service Retiree pays 30% of city cost <br />+ Deperu;lent premiums <br />At least 27 years of service Retiree pays 25% of city cost <br />+ Dependent premiums <br />At least 28 years of service Retiree pays 20% of city cost <br />+ Dependent premiums <br />At least 29 years of service Retiree pays 15% of city cost <br />, + Dependent premiums <br />At least 30 years of service Retiree pays 10% of city cost <br />+ Dependent premiums <br /> <br />Eligible dependents include: Your laWful spouse who is legally married to and <br />living. with you; natural children; stepchildren; children who, before reaching the <br />age of 18, are either adopted by yoU; or other clrildren for whom you b4ve care, <br />custody and control under court decr~. A dependent child must be nnm:mied. and <br />rely pn you for primary support and maintenance. Dependent children remain <br />eligI..ble until age 25. . <br /> <br />5. Ret:irees may not add dependents once retired. There are no qualifying eventS to add. <br />dependents. Depend.ents may be dropped by written request at any time. <br /> <br />6. Retirees shall pay all required contn"butionS to the City by the 15th of the month of <br />coverage. One annu:a.l statement will be mailed to retirees for selection of payment <br />plan: annn.a.1, bi-annual, quarterly or monthly. Failure to pay the required contn"bution <br />will result in t:errnin~:tion of the member's participation in the City oiLa Porte <br />sponsored health plail.. .Payment delayed. beYond 60 days will initiate COBRA <br />notl:fi.cation for continuation of health. coverage onCe the member is terininated. from <br />the Plan. <br />