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• • <br />3. <br />4. <br />Retirees who work for another employer offering health coverage shall not be <br />eligible for retiree health coverage from the City after their subsequent <br />employment ends, regardless of the length of service with the subsequent <br />employer. <br />Retirees who delay their retirement annuity shall not be eligible for retiree <br />health coverage from the City. <br />5. Premiums: The City of La Porte utilizes aself-funded medical plan so there <br />aze no formal premiums paid for health coverage. Each year, during the <br />budget process, an amount is determined for each employee to cover claims <br />and administration of the medical fund. <br />Costs to the retiree shall be based on a cost schedule determined by years of <br />service: <br />At least 20 years of service <br />At least 21 years of service <br />At least 22 years of service <br />At least 23 years of service <br />At least 24 yeazs of service <br />At least 25 yeazs of service <br />At least 26 yeazs of service <br />At least 27 yeazs of service <br />Retiree pays 60% of city cost <br />+ Dependent premiums <br />Retiree pays 55% of city cost <br />+ Dependent premiums <br />Retiree pays 50% of city cost <br />+ Dependent premiums <br />Retiree pays 45% of city cost <br />+ Dependent premiums <br />Retiree pays 40% of city cost <br />+ Dependent premiums <br />Retiree pays 35% of city cost <br />+ Dependent premiums <br />Retiree pays 30% of city cost <br />+ Dependent premiums <br />Retiree pays 25% of city cost <br />+ Dependent premiums <br />