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08-16-04 Chapter 172 Employee Retiree Insurance and Benefits Board Meeting
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08-16-04 Chapter 172 Employee Retiree Insurance and Benefits Board Meeting
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City Meetings
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Chapter 172 Employee Retiree Insurance and Benefits Board Meeting
Meeting Doc Type
Minutes
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8/16/2004
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<br />I <br />I <br />1 <br /> <br />,-~-"",; <br /> <br />~~~ <br />~ Chapter 172 Board of Trustees <br />~ <br /> <br />~~~~~ <br /> <br />· Clark Askins - Attorney <br />· Patricia Rothermel - Citizen Position 1 <br />· Kimberly Meismer - Citizen Position 2 <br />· Michael Dolby - Finance Representative <br />· ShelTi Sampson - Human Resources <br />Representative <br /> <br />~ <br /> <br />I <br /> <br />Employee Medical Fund <br />Costs?? <br /> <br /> <br />i <br />i <br />j <br /> <br />~ <br /> <br />....-- <br /> <br />I <br /> <br />Expenses V. Revenues <br /> <br />~ <br /> <br />I <br />I <br />__, <br /> <br />· EXPENSES (2004) <br />· 53,337,000 <br /> <br />· REVENUES <br />· $2,427,963 <br /> <br />· = <$909,000> <br /> <br />· lNS1JRi\..NCE FUND <br />$900,000 <br />27% <br /> <br />J <br /> <br />j <br /> <br />J <br /> <br />~_. ~ <br /> <br />. ~ <br />- I.-~: <br />.-- ~ <br /> <br />Agenda <br /> <br />~~ <br /> <br />· Financial <br />· Plan Design <br />· Contribution Schedules <br />· Retiree Eligibility <br />· Retiree Contribution Schedules <br /> <br />:~~:~---: ~ <br /> <br /> <br />Who Pays For The Health <br />Plan? (2004 - $3,337,000) <br />~ <br /> <br />~ <br /> <br />....--1-. <br /> <br />.____._m... <br /> <br />INSURANCE FUND <br /> <br />~ <br /> <br />".=!1l <br /> <br /> <br />· Working Capitol ->. $2,376,126 <br />9/30/2003 <br /> <br />· 2004 Draw <br /> <br />· $900,000 <br /> <br />+ 2005 Draw <br /> <br />· $900,000 <br /> <br />+ 2006 BALANCE ~ . 5500,000 <br /> <br />1 <br />
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