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Commission moves to limit future retiree health subsidies for employees hired on or after July 1, 2025
Summary
The commission approved a resolution changing eligibility for the city-sponsored retiree health plan, restricting retiree health insurance and city subsidy for employees hired or rehired on or after July 1, 2025. City officials said the change is intended to control long-term OPEB costs.
The Hobbs City Commission approved a resolution Tuesday to limit future eligibility for the city-sponsored retiree health plan, prohibiting entrance and city-paid subsidy for employees hired or rehired on or after July 1, 2025.
Nicholas Goulet, the city’s human resources director, told the commission the measure will not affect current retirees or currently employed staff who already meet eligibility rules. “Tonight's proposal doesn't in any form or fashion affect our current retirees or their…
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