Resolution No. 8777
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RESOLUTION NO.
8777
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
VERNON APPROVING THE CONTINUED PAYMENT OF PREMIUMS
FOR MEDICAL-DENTAL INSURANCE FOR CERTAIN CATEGORIES
OF RETIRED EMPLOYEES DURING THE 2005-2006 FISCAL
YEAR
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WHEREAS, the City Council of the City of Vernon in prior
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fiscal years has approved for each fiscal year the City's payment of
premiums for medical-dental insurance for service-retired employees who
are at least sixty (60) years of age and who have continuously served
for twenty (20) years; and
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WHEREAS, the Finance Committee of the City of Vernon on
June 27, 2005, considered a recommendation applicable for the fiscal
year 2005-2006 only, which provides that (i) the City shall pay the
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insurance premium for all full-time regular employees who have a
minimum of twenty (20) years of continuous service who retire at the
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age of sixty (60) or later; (ii) all full-time regular employees with
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at least thirty (30) years of continuous service who retire before the
age of sixty (60) will be permitted to pay their health insurance
premium for the City's medical-dental insurance program, and, upon
their reaching the age of sixty (60), the City will pay the premiums
for said medical-dental insurance for said retired employee only and
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not for dependents, if any, up to the age of sixty-five (65); and (iii)
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upon retired employees reaching sixty-five (65) years of age, the City
will continue to pay the insurance premium to provide for medical-
dental insurance as supplemental only to Medicare as the City will not
be the primary insurance carrier once the employee reaches the age of
sixty-five (65); and
1 WHEREAS, the City Council of the City of Vernon wishes to
2 adopt its policy applicable for the fiscal year 2005-2006 only
3 respecting payment of premiums for the City's medical-dental insurance
4 for certain categories of retired employees and to declare that such
5 benefits are not vested rights and will expire at the conclusion of the
6 fiscal year unless authorized and approved by the City Council for the
7 next fiscal year.
8 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
9 CITY OF VERNON AS FOLLOWS:
10 SECTION 1: The City Council of the City of Vernon does
11 hereby find and determine that the recitals contained hereinabove are
12 true and correct.
13 SECTION 2: The City Council of the City of Vernon hereby
14 adopts the following policy for the 2005-2006 fiscal year and declares
15 that such benefits are not vested rights and are approved for this
16 fiscal year only:
17 A. The City will pay the insurance premium for the City's
18 medical-dental insurance program for all full-time
19 regular employees, with at least twenty (20) years of
20 continuous uninterrupted service who retire at age
21 sixty (60) or later, excluding dependents, if any, and
22 the City shall continue to pay said premium for said
23 retired employee up to the age of sixty-five (65).
24 B. All full-time regular employees with at least thirty
25 (30) years of continuous service who retire before the
26 age of sixty (60) years will be permitted to pay their
27 health insurance premium for the City's medical-dental
28 insurance program, and, upon reaching the age of sixty
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C.
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(60), the City will pay the insurance premium for said
medical-dental insurance for said retired employee
only and not for dependents, if any, up to the age of
sixty-five (65).
For retired employees who receive medical-dental
insurance benefits pursuant to subsections A and B
above and who reach the age of sixty-five (65), the
City will pay the premium to provide for medical-
dental insurance as supplemental insurance only to
Medicare because the City will not be the primary
insurance carrier once the employee reaches the age of
sixty-five (65).
All retired employees may pay the premiums for
medical-dental insurance up to the age of sixty-five
(65) after which Medicare will become the primary
insurance carrier and further may purchase
supplemental insurance to Medicare thereafter.
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SECTION 3: The City Clerk of the City of Vernon shall
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D.
19 certify to the passage of this resolution and thereupon and thereafter
20 the same shall be in full force and effect.
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21 APPROVED AND ADOPTED this 29th day of June, 2005.
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-- .. LEONIS C. MAD URG, Mayor
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BRUCE V. MALKENHORST,-etty-e
Acting City Clerk
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STATE OF CALIFORNIA
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COUNTY OF LOS ANGELES
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I, BRUCEV. MALKENHORST, City Clerk of the City of Vernon, do
hereby certify that the foregoing Resolution, being Resolution No.
8777, was duly adopted by the City Council of the City of Vernon at an
adjourned regular meeting of the City Council duly held on Wednesday,
June 29, 2005, and thereafter was duly signed by the Mayor of the City
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of Vernon.
ku- rL Yo
UCE V. MALKENHORST, ~~~~~1e~~-
Acting City Clerk
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(SEAL)
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