File #: 18-0333    Version: Name: Bridged Health Insurance for Retirees
Type: Policy Status: Passed
File created: 8/21/2018 In control: City Council
On agenda: 10/9/2018 Final action: 10/9/2018
Title: Discussion and action on bridged health insurance for retirees
Sponsors: Human Resources
Indexes: Not applicable
Attachments: 1. Actuarial Study, 2. Bridge Insurance Cost 2018, 3. Bridge Insurance Cost 2018 Description

Title

Discussion and action on bridged health insurance for retirees

 

Body

SUMMARY:

Bridging health insurance coverage, until age 65, for retiring employees was removed from policy in 2010.  A cost analysis has been prepared for reinstatement of the bridged health insurance policy, as well as an actuarial study. 

 

BUDGET ACCOUNT:

 

Recommended Action

NECESSARY COUNCIL ACTION: Approve reinstating the bridged health insurance policy.