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08-10-06 Chapter 172 Employee Retiree Insurance and Benefits Board Meeting
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08-10-06 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
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Minutes
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8/10/2006
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<br />Discussion Topic #6 Retiree Over/Under 65 Calculations: <br />The Board recommends to City Council that it remain as it is and not go to a two tier <br />plan. George Van Dyke made a Motion that we leave it as it is. Karen Beerman 2nd the <br />Motion. The Motion carried. <br /> <br />Discussion Topic# 7 Recruitment Incentive: <br />The Board recommends both as potential Recruitment Incentives with the City Council <br />determining which one it wants to adopt, or a combination of both. Michael Dolby made <br />a Motion that we send both to City Council. Clark Askins 2nd the Motion. The Motion <br />carried. <br /> <br />Discussion Topic # 8 Retiree Calculations: <br />The 172 Board recommends the current method of making the Retiree Calculations <br />continue with clarification of language regarding City budgeted cost and coverage % <br />discount amount applies only for retirees not dependents. Also, the proposed Calculator <br />that Neal is developing be implemented to allow any employee to get an estimate of their <br />insurance cost and their dependents cost at the current year budgeted City cost, and for <br />one additional year. Karen Beerman made a Motion we continue current calculations <br />with the specified clarifications. Robert Swanagan 2nd the Motion. The Motion carried. <br /> <br />Robert Swanagan again thanked all of the guest for attending the 172 meeting and <br />encouraged their attendance at future meetings. <br /> <br />Robert Swanagan adjourned the meeting at 7:15 pm. <br /> <br />Respectfully submitted, <br />K.L. ~^r~~~ <br />Robert Swana;~ ~;;an~ ~~es Staff <br /> <br />Approved this 19th day of February, 2007. <br />
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