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CITY COUNCIL AGENDA ITEM BRIEFING SHEET <br />Submittal Date: <br />O1/19/10 <br />Originating Department: <br />Presented By: <br />Agenda Item No.: <br />Council Date: <br />O1/25/10 <br />Finance <br />Gene Anderson <br />14. <br />RECOMMENDED MOTION: <br />Move to approve an ordinance offering health benefits coverage to City retirees. <br />POLICY ISSUE(S): <br />Fiscal Management <br />This ordinance is an update of Ordinance 2005-014. The changes involved reflect that (1) the City is no <br />longer a self-funded group but a fully-funded group member of TML-IEBP, (2) the City's contribution <br />toward retiree health benefits will be set each year as part of the City's budget (currently the City's <br />contribution amount is up to $425 per month per employee), and (3) that premiums for retiree coverage <br />will be a percentage of active employee premiums as set by TML-IEBP. The City only contributes <br />toward medical insurance for retirees. All other types of coverage are entirely paid for by retirees. <br />All other provisions of the ordinance are brought forward from the 2005 ordinance. <br />BOARD/COMMISSION RECOMMENDATION: <br />EXHIBITS: <br />Ordinance <br />ACTION: <br />BUDGET INFO: <br />❑ Financial Report ❑ Minute Order <br />Expense <br />$N/A <br />❑ Department Report ❑ Resolution <br />Budgeted Amt. <br />$N/A <br />❑ Presentation Z Ordinance <br />❑ P <br />bli <br />H <br />i <br />y'I'D Actual <br />$N/A <br />u <br />c <br />ear <br />ng ❑ Other <br />Acct. Name <br />N/A <br />Acct. Number <br />N/A <br />FiSCAL NoTES: <br />REVIEWED AND APPROVED BY: <br />Z Administration Z City Clerk ❑ Community Development ❑ EMS/IT Z Finance ❑ Fire <br />❑ Municipal Court Z Legal ❑ Library ❑ Police ❑ Eng./Public Works ❑ Urilities <br />City of Paris Revised 2/04/08 <br />~n~~133 <br />