Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Retiree Benefits topic
No spam. Unsubscribe anytime.
Norco adopts resolution restoring employer retiree medical premiums for legacy employees
Summary
The council adopted Resolution No. 262026-63 to restore full employer contributions for a small group of legacy retirees affected by a CalPERS participant-share charge; staff said nine legacy retirees are affected and the city's share would total $720 per month with no new fiscal impact to other groups.
The Norco City Council voted to adopt Resolution No. 262026-63, directing staff to restore full employer premium contributions for a limited group of legacy retirees. "The recommendation is to adopt resolution number 262026Dash63, which would restore full premium employer contributions for the retirees in these medical groups," the presenting staff member told the council.
Staff explained the issue arises from a CalPERS contribution cap introduced in 2010 that appears to have been intended for active employees but was also applied to some retirees. The change affects nine legacy retirees or surviving family members (seven retired before 2004 and two were legacy employees hired before the 2004 vesting schedule took effect). Staff said the total participant share the city would assume is $720 per month and that there would be "no new fiscal impact" to employees covered under the 2004 vesting schedule.
Council members asked clarifying questions about whether the action would change benefits for employees under the 2004 vesting schedule; staff replied it would not. The council moved, seconded, and adopted the resolution on the record.
Resolution: 262026-63; Affected participants: 9 legacy retirees/survivors; City cost reported: $720/month (total participant share city would take on).
