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<br />CHAPTER 172 EMPLOYEE RETIREE INSURANCE AND BENEFITS BOARD <br />RECOMMENDATIONS TO CITY COUNCIL FROM THURSDAY, AUGUST 10, <br />2006 MEETING: <br /> <br />1. Recommends that Flexible Spending Accounts with the Debit Cards be added to <br />our plan. <br /> <br />2. We do not recommend the Individual Child Premium Load. We could make a 5th <br />tier in a 4 tier structure with specific language that says dependent children can <br />remain on the insurance to age 25 if they are a student and not married. <br /> <br />3. We do not recommend the 10% Cost Savings with Plan Design Changes <br /> <br />4. Recommends a one-time deferral at the discretion ofthe Retiree with a spousal <br />provision as outlined in COBRA. Which is: If a Retiree is carrying their spouse at <br />retirement then the spouse could re-enter when the retiree re-enters. <br /> <br />5. Recommends that Retiree Over/Under 65 Calculation not be used and <br />remain as it is. <br /> <br />6. Recommends both Incentive Plans as potential Recruitment Incentives with the <br />City Council determining which one it wants to adopt, or a combination of both. <br /> <br />7. Recommends the current method of making the Retiree Calculations continue <br />with clarification of language regarding City budgeted cost and that the coverage <br />% discount amount applies only for retirees, not dependents. Also, the proposed <br />Calculator that Neal is developing be implemented to allow any employee to be <br />able to get an estimate of their insurance cost and their dependents cost at the <br />current year budgeted City cost and for one additional year. <br />