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CC RES 2015-094 RESOLUTION NO. 2015-94 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, INCREASING THE CITY'S MAXIMUM MONTHLY CONTRIBUTION AMOUNTS FOR EMPLOYEE AND COUNCIL MEMBER HEALTH INSURANCE PREMIUMS FOR CALENDAR YEAR 2016 AND RESCINDING AND REPLACING RESOLUTION NO. 2014- 63. WHEREAS, on September 30, 2014, the City Council adopted Resolution No. 2014-63 establishing maximum City contributions towards employee health insurance premiums for FY 2015; and, WHEREAS, the City has been advised of an increase in employee health insurance premiums for calendar year 2016 which will exceed the current maximum City contributions towards employee health insurance premiums established for FY 2015; and, WHEREAS, the City desires to sufficiently contribute to employee health insurance premiums by providing sufficient maximum City contributions towards same for its active full-time employees and City council persons. NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS: Section 1: The City's contribution for each full-time employee or active City Council person shall have a maximum amount which may be applied toward the full cost of the active full- time employee's or active council person's medical, dental, vision and mental health benefits, and pay up to 50% of the cost of medical, dental, vision and mental health benefits for eligible dependents, subject to the maximum amounts for these insurance coverages as specified below: Insurance Status Full-time Employee/Councilmember Maximum Contribution per Month HMO HSA PPO Employee Only $710.92 $754.83 $1,145.62 Two Party $1,060.58 $1,117.34 $1,698.33 Family $1,285.01 $1,364.01 $2,067.40 Section 2: The City will pay towards the participant's deductible in the HSA Plan $3,000 for Employee Only and $6,000 for Employee + 1 and Family (3 or more). Section 3: Any amounts remaining between the necessary contributions required and the maximum amounts specified in Section 1 of this Resolution are not to be paid to the active full-time employee or active City Council person, as applicable. Resolution No. 2015-94 Page 1 of 2 Section 4: If a full-time employee or City Council member can provide proof of medical coverage that is generally similar to the City's medical coverage, and declines the medical coverage offered by the City, the City will make a cash-in-lieu payment to the opting out full-time employee or City Council member of $319 per month under the City's cafeteria plan as governed by Section 125 of the Internal Revenue Code. Section 5: The City shall pay the full cost for each active full-time employee's life insurance premium, accidental death & dismemberment premium and long term disability premium. The City shall pay the full cost for each active City Council member's life insurance premium. Section 6: The Health Savings Account will be funded semi-annually in accordance with Rancho Palos Verdes Employee Association's Memorandum of Understanding as may be modified from time to time. Section 7: The City Manager or his/her designee, is authorized to adopt rules and procedures for the implementation of this Resolution. Section 8: Resolution No. 2014-63 is hereby rescinded and replaced by this Resolution. PASSED, APPROVED and ADOPTED this 6th day of October 2015. A.1 \ , mayor Attest: C224 - ./ ,a i / , ., zi,z City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss CITY OF RANCHO PALOS VERDES ) I, Carla Morreale, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2015-94 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on October 6, 'h5. ,/' / - i i / / City Clerk Resolution No. 2015-94 Page 2 of 2