08-09-04 Chapter 172 Employee Retiree Insurance and Benefits Board Meeting

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Chapter 172 Employee Retiree Insurance and Benefits Board Meeting Minutes 08/09/2004 The Chapter 172 Employee Retiree Insurance and Benefits Board meeting was called to order at 5 :05 p.m. Attendance: Sherri Sampson, Clark Askins, Michael Dolby, Patricia Rothermel Sherri Sampson welcomed Board members. Kim Meismer to sign training form. Trust Document must be developed - assigned to Clark. Health Plan Contribution schedules - Sherri Sampson provided group with an updated proposed employee Contribution scheduled. Group discussed accepting this proposal. Board voted and approved 4/0 in favor. Retiree Contributions - Sherri Sampson made requested changes from previous meeting and Board approved revised schedule. Board accepts the 80 point factor, 20 minimum tenure in eligibility, effective 01/01/2006. Board voted 4/0 in favor of accepting revised schedule and new eligibility factors. Retiree Ordinance Changes - Presenter/Michael Dolby - Group reviewed past discussion on Retiree ability to work for a new employer and maintain City of La Porte coverage. After 30 years of service, the Retiree may continue with the City of La Porte health benefit regardless of employment with new employer. Any employee retiring with less than 30 years of service may not continue Retiree Health benefit with City of La Porte if re-employed by self or other business. Board voted and approved 4/0. Retiree Ordinance - Sherri Sampson shared Current Retiree Ordinance with Board members so that Board could consider changes from current ordinance. Group discussed Disability exception and agreed to raise minimum tenure to 10 years from 5. Board voted 4/0 in favor. Retiree Ordinance - Sherri Sampson - Previous Ordinance provisions compared to new proposal. Board voted in favor 4/0 for adopting new provisions. Meeting adjourned at 6:15 p.m.