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1999-10-25 Regular Meeting and Workshop Meeting
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1999-10-25 Regular Meeting and Workshop Meeting
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11/2/2016 12:07:13 PM
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7/31/2025 10:54:16 AM
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City Meetings
Meeting Body
City Council
Meeting Doc Type
Minutes
Date
10/25/1999
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<br />CITY OF LA PORTE <br />RETIREE HEAL THCARE COMPARISON <br />CORPORA TE ENTITIES <br /> <br />e <br /> <br />- <br /> <br /> Reliant Dow DuPont PPG Roman-Haas Equistar Shell Enron <br />Ramt of Elioibi/itv # years 5 vrs after age 50 10 yrs & aae 50 58 yrs full 10 years & age 55-57 <br />Draw Annunity no no no <br />Other: <br />Cost to Retiree <br />Employer Contribution 1 x active rate 75% 80% 80% <br />Retiree Contribution 2x active rate 25% 20% 20% <br />Dependent Contribution 2x active rate 5% (spouse & minor chlldn 20% 20% (spouse onlv) <br />Over/Under 65 Differential ves yes yes ves <br />Plan of Benefits same same same same <br />Insured or Self-Funded self under 65 self-funded self-funded insured <br />Over/Under 65 Differential Medicare carve-out Medicare carve-out <br />Notes: Over 65 are two PPO 2 HMOs coordinate <br /> HMOs after 65 medicare wi Medicare as primary <br /> primary after 65 years <br /> 1/1/93 no more <br /> retiree benefits <br /> 'FASB 106) <br /> <br /> <br />The Welch Com <br />
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