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CC Resolution No. 04-353 RESOLUTION NO. 04-353 RESOLUTION ELECTING TO ESTABLISH A HEALTH BENEFIT VESTING REQUIREMENT FOR FUTURE RETIREES UNDER PUBLIC EMPLOYEES' MEDICAL AND HOSPITAL CARE ACT WHEREAS, WHEREAS, WHEREAS, WHEREAS, WHEREAS, (I) Government Code 22825.5 provides that a local agency contracting under the Public Employees' Medical and Hospital Care Act may amend its resolution to provide a post retirement vesting requirement, and (2) The City of Cupertino is a local agency contracting under the Act, and (3) The City of Cupertino certifies, unrepresented management and confidential employees are not represented by a bargaining unit and there is no applicable memorandum of understanding, and AND (3) The City of Cupertino certifies, certain employees are represented by bargaining units and subject to memoranda of understanding as follows: . Public Works maintenance employees are represented by Operating Engineers, Local Union No.3. Miscellaneous employees are represented by the City Employees' Association. (4) The credited service for purposes of determining the percentage of employer contributions shall mean service as defined in Section 20069, except that not less than five years of that service shall be performed entirely with the City of Cupertino; now, therefore be it RESOLVED, (I) That the employer's contribution for each retired employee first hired on or after the effective date of this resolution shall be as listed: CODE BARGAINING UNIT CONTRIBUTION PER MONTH Operating Engineers, Local Union No.3 City Employees' Association Unrepresented Management & Confidential The 100/90 formula The 100/90 formula The 100/90 formula plus Administrative fees and Contingency Reserve Fund, but not be more than 100 percent of the premium applicable to him or her, nor less than the 100 percent of the weighted average of the health benefits plan premiums for employees or annuitants enrolled for self alone plus 90 percent of the weighted average of the additional premiums required for enrollment of family members in the four health benefits plans that have the largest number of enrollments; and be it further less than the principles prescribed under Government Code Section 22825.5; and be it further RESOLVED, (2) That the percentage of employer contribution payable for post retirement health benefits for each retired employee shall be based on the employee's completed years of credited service based upon Government Code Section 22825.5; plus administrative fees and Contingency Reserve Fund assessments; and be it further Resolution No. 04-353 2 RESOLVED, (3) That coverage under the Act be effective on August 1, 2004. PASSED AND ADOPTED at a special City Council meeting ofthe City of Cupertino this 6th day of July 2004 by the following vote: VOTE MEMBERS OF THE CITY COUNCIL AYES: James, Kwok, Lowenthal, Sandoval, Wang NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: City~~ ~6c~o'-' ~