Resolution No. 6980
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RESOLUTION NO. 6980
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
VERNON APPROVING THE CONTINUED PAYMENT OF
PREMIUMS FOR MEDICAL INSURANCE FOR CERTAIN
CATEGORIES OF RETIRED EMPLOYEES DURING THE 1997-
1998 FISCAL YEAR
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WHEREAS, the City Council of the City of Vernon in prior
fiscal years has approved for each fiscal year the City'S payment
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of premiums for medical insurance for service-retired employees
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who are at least sixty (60) years of age and who have continuously
served for twenty (20) years; and
WHEREAS, the Finance Committee of the City of Vernon
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approved a recommendation applicable for the fiscal year 1997-1998
only, which provides that (i) all full-time regular employees with
at least thirty (30) years of continuous service who retire before
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the age of sixty (60) will be permitted to pay their health
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insurance premium for the city's medical insurance program, and,
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upon their reaching the age of sixty (60), the City will pay the
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said premiums for said medical insurance for said retired employee
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only and not for dependents, if any, up to the age of sixty-five
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(65); (ii) the City shall pay the insurance premium for all full-
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time regular employees who have a minimum of twenty (20) years of
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continuous service who retire at the age of sixty (60) or later;
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and (iii) upon retired employees reaching sixty-five (65) years of
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age, the City will continue to pay the insurance premium to
provide for medical insurance as supplemental only to Medicare as
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the City will not be the primary insurance carrier once the
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employee reaches the age of sixty-five (65); and
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WHEREAS, the city Council of the City of Vernon wishes to
adopt its policy applicable for the fiscal year 1997-1998 only
respecting paYment of premiums for the City's medical insurance
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:
SECTION 1: That the City council of the City of Vernon
does hereby find and determine that the recitals contained
hereinabove are true and correct.
SECTION 2: The City Council of the City of Vernon hereby
adopts the fOllowing policy for the 1997-1998 fiscal year and
declares that such benefits are not vested rights and are approved
for this fiscal year only:
A. The City will pay the insurance premium for the
City's medical insurance program for all full-time
regular employees, with at least twenty (20) years
of continuous uninterrupted service who retire at
age sixty (60) or later, excluding dependents, if
any, and the City shall continue to pay said premium
for said retired employee up to the age of sixty-
five (65).
B. All full-time regular employees with at least thirty
(30) years of continuous service who retire before
the age of sixty (60) years will be permitted to pay
their health insurance premium for the City's
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medical insurance program, and, upon reaching the
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age of sixty (60), the City will pay the insurance
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premium for said medical insurance for said retired
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employee only and not for dependents, if any, up to
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the age of sixty-five (65).
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C.
For retired employees who receive medical insurance
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benefits pursuant to A and B above and who reach the
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age of sixty-five (65), the City will pay the
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premium to provide for medical insurance as
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supplemental insurance only to Medicare because the
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City will not be the primary insurance carrier once
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the employee reaches the age of sixty-five (65).
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D.
All retired employees may pay the premiums for
medical insurance up to the age of sixty-five (65)
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after which Medicare will become the primary
insurance carrier and further may purchase
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supplemental insurance to Medicare thereafter.
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SECTION 3: The City Clerk of the City of Vernon shall
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certify to the passage of this resolution and thereupon and
thereafter the same shall be in full f.orce and effect.
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APPROVED AND ADOPTED this 25th day
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June, 1997.
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ATr/t /~
BRUCE V. MALKENHORST, City Clerk
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STATE OF CALIFORNIA
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COUNTY OF LOS ANGELES
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I, BRUCE V. MALKENHORST, City Clerk of the City of
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Vernon, do hereby certify that the foregoing Resolution, being
Resolution No. 6980, was duly adopted by the City Council of the
City of Vernon at an adjourned regular meeting of the City Council
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duly held on WedneSday, June 25. 1997, and thereafter was duly
signed by the Mayor of the City of Vernon.
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-BRUCE V. MALKENHORST, City Clerk
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(SEAL)
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