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Resolution No. 6170 , 1 RESOLUTION NO. 6170 2 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING THE CONTINUED PAYMENT OF HEALTH INSURANCE COVERAGE FOR CERTAIN CATEGORIES OF RETIRED EMPLOYEES DURING THE 1992-1993 FISCAL YEAR 4 5 WHEREAS, the City Council of the City of Vernon in 6 prior fiscal years has approved for each fiscal year the City's 7 payment of medical coverage for service-retired employees who 8 are at least sixty (60) years of age and who have continuously 9 10 11 served for twenty (20) years; and WHEREAS, the Finance Committee of the City of Vernon ~ approved a recommendation app11cable for the fiscal year 1992- 1993 only, which provided that all full-time regular employees with at least thirty (30) years of continuous service who retire 12 13 14 15 16 before the age of sixty (60) will be permitted to pay for their health insurance coverage, and, upon reaching the age of sixty (60), the City will pay the insurance coverage premium for said 17 retired employee only and not for dependents, if any; and 18 19 WHEREAS, the city Council of the City of Vernon wishes to adopt its policy applicable for the fiscal year 1992-1993 20 21 22 23 24 25 26 27 only respecting payment of medical insurance coverage for certain categories of retired employees and to declare that such benefits are not vested rights and will expire at the conclusion of the fiscal year unless authorized and approved by the City Council for the next fiscal year. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: 28 SECTION 1: The City Council of the city of Vernon , ~ 1 hereby finds and determines that the recitals contained 2 hereinabove are true and correct. 3 SECTION 2: The City council of the City of Vernon hereby adopts the following policy for the 1992-1993 fiscal year 4 5 and declares that such benefits are not vested rights and are 6 7 approved for this fiscal year only: A. All full-time regular employees with at least 8 thirty (30) years of continuous service who retire 9 10 11 before the age of sixty (60) years will be permitted to pay for their health insurance coverage, and, upon reaching the age of sixty (60), 12 13 14 the City will pay the insurance coverage premium for said retired employee only and not for 15 dependents, if any. B. The City will pay the insurance coverage premium 16 17 18 19 for all full-time regular employees only and excluding dependents, if any, with at least twenty (20) years of continuous service who retire at age 20 21 22 23 sixty (60) or later. SECTION 3: The City Clerk of the City of Vernon shall certify to the passage of this resolution and thereupon and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 6th day of October, 1992. 24 25 ~ ',4. ~ . /~~~ l"U 1 pp'. EONIS C. MAL~, Ma or .............. 26 A~ /ft/LA/ 27 28 BRUCE V. MALKENHORST, City Clerk -2- ~ 1 STATE OF CALIFORNIA ) )ss COUNTY OF LOS ANGELES ) 2 3 I, BRUCE V. MALKENHORST, City Clerk of the City of 4 Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 6170, was duly adopted by the City Council of the City of Vernon at a regular meeting of the city Council duly held on Tuesday, October 6. 1992, and thereafter was duly signed 5 6 7 8 by the Mayor of the City of Vernon. 9 L-A~ 10 11 12 B UCE V. MALKENHORST, City Clerk ( SEAL) 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -3-