14-First reading, deliberate and possibly act on an Ordinance authorizing the offering of health benefit insurance coverage to city retirees

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DRAFT attorney\ordwork\current\Health Benefits - Retirees Ord 2010 ORDINANCE NO. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, AMMENDING SECTION 2-46, HEALTH BENEFITS COVERAGE TO CITY RETIREES, OF ARTICLE II, DIVISION 2, RETIREMENT, OF THE CODE OF ORDINAIVCES OF THE CITY OF PARIS; TO UPDATE THE HEALTH BENEFITS COVERAGE OFFERED TO CITY RETIREES; PROVIDING A REPEALER CLAUSE, A SEVERABILITY CLAUSE, A SAVINGS CLAUSE, AN OPE1V MEETINGS CLAUSE; MAKING OTHER FIIVDIIVGS AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Paris desires to continue to provide health benefits coverage to its retirees; and, WHEREAS, the City of Paris is currently offering fully-funded benefits coverage administered through the TML Intergovernmental Employee Benefits Pool (TML IEBP) pursuant to Chapter 172 of the Texas Local Government Code, which would allow the extension of benefits to retirees of the City and Section 2-46 of the Code of Ordinances of the City of Paris needs to be amended to reflect updates in the health benefits coverage offered to City retirees; and, WHEREAS, TML IEBP is a health risk pool established pursuant to Texas Local Government Code Chapter 172, Texas Government Code Chapter 791, and the Texas Trust Code to provide health benefits coverage for employees and retirees and dependents of employees and retirees, of Texas political subdivisions under an Interlocal agreement; and, WHEREAS, TML IEBP offers a fully insured Retiree Continuum of Care medical plan to retirees (and their dependents) of TML IEBP's fully-funded members, as well as a Medicare supplement policy for retirees who are Medicare eligible; and, WHEREAS, TML IEBP also offers fully-insured life, dental, and vision coverage to retirees (and their dependents) of TML IEBP's fully-funded members; and, WHEREAS, Chapter 175 of the Texas Local Government Code empowers the City to offer alternative health plans to City retirees in addition to the basic plan, and to charge a premium for such coverage that reflects the cost to the City for providing retiree coverage; and WHEREAS, the City desires to provide health benefits coverage to its retirees through its fully-funded plan, TML IEBP's Retirees Continuum of Care, and a Medicare supplement, and that the cost for such coverage be paid for by the individual retiree and the City with the City's cost limited to an amount approved in the City's adopted budget, with the remainder of the cost for retiree coverage to be paid by current and future retirees; and, 0(?0134