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HomeMy WebLinkAboutRes 2013-02 - Medicare Exclusion CITY OF PALM DESERT HUMAN RESOURCES DEPARTMENT STAFF REPORT REQUEST: Adopt Resolution No. 2oi3-o2 , allowing the City to remove the Medicare exclusion from certain employees hired before April 1, 1986. SUBMITTED BY: Lori Carney, Human Resources Manager DATE: January 24, 2013 CONTENTS: Resolution No. 2013-02 Recommendation: Waive further reading and adopt Resolution No.2oi3-o2 Executive Summarv: Adoption of this Resolution will allow certain employees, hired before April 1, 1986, to contribute to Medicare and thereby earn credits in the Medicare system. These employees are currently "grandfathered" and not contributing to the Medicare system. Backqround: In 1986 the Federal government required all new public employees to contribute to Medicare. At that time current employees were "grandfathered" and not required to make contributions. The effect of this "grandfathering" is that these employees (hired prior to April 1, 1986) do not earn credits in the Medicare system and therefore may not be eligible for Medicare at age 65. There are four employees remaining who were hired prior to April 1, 1986, and so are not contributing to Medicare. Some of these employees will be eligible for Medicare through a spouse's employment history or through their own private sector employment prior to or in conjunction with their City employment, however some will not. These are by definition long term employees, many of whom began their careers with the City while�they were relatively young and had little outside work experience. Staff Report Medicare Eligibility January 24, 2013 Page 2 of 2 There is a mutual benefit to the employee and employer for these individuals to acquire Medicare eligibility. It significantly reduces future retiree medical costs because Medicare becomes a primary insurer and any other plan is supplement with a reduced premium. For example — in 2013 the premium difference for the PersChoice PPO between the basic plan and the Medicare coordinated plan is $3,426 per year. This results in a savings for the retiree and the City. The current contribution is 1.45% of salary for both the employee and the employer (a total of 2.9°/a shared equally.) One employee has expressed interest in enrolling. Fiscal Analvsis: Depending upon the employees who opt in, the employer contribution is between $2,000 and $5,000 annually. However, the future retiree health liability will also be reduced. Submitted by: . crr�rca►vN��t�,�ox APPROVED ._.,.,bENiLD RECEIVED OTNER Lori Car y, Human Resources ManagerMEET GDAT� � � AYESs I/� "� � Cd%✓�i NOE3s ABSEN'h i- P �►BSTAn�= VERIFIED BYa �� Paul S. bson, Director of Finance Origin�f on F�le with City lerk's Ofl'ice Approval: hn M. Wohlmuth, City Manager � RESOLUTION NO. 2013 -02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, ESTABLISHING A DIVISION OF THE PRESENT RETIREMENT SYSTEM AND ALLOWING EACH ELIGIBLE MEMBER TO ELECT WHETHER OR NOT HIS SERVICES SHOULD BE EXCLUDED FROM OR INCLUDED UNDER THE SAID CALIFORNIA STATE SOCIAL SECURITY AGREEMENT AS HEREINBEFORE PROVIDED; WITH SUCH "MEDICARE-ONLY"' COVERAGE EFFECTIVE AS A SERVICE PERFORMED ON AND AFTER JULY 1, 2013 WHEREAS, the City of Palm Desert, hereinafter designated as "Public Agency", desires to establish a "deemed" retirement system pursuant to Section 218(d)(6) of the Federal Social Security Act composed of positions of inembers of the CaIPERS Retirement System, hereinafter designated "Present Retirement System", desiring "Medicare-Only" coverage, and to include services performed by individuals employed by the Public Agency in positions covered by said "deemed" retirement system, as members of a coverage group established by Section 218(d)(4) of said Act, in the California State Social Security Agreement of March 9, 1951, providing for the coverage of public employees under the insurance system established by said Act as amended; and WHEREAS, State and Federal law and regulations require, as a condition of such coverage, that a division be authorized by the Board of Administration, California Public Employees' Retirement System; and WHEREAS, It is necessary that the "Public Agency" now designate any services which it desires to exclude from coverage with respect to such coverage graup under said insurance system; and WHEREAS, it is necessary for the Public Agency to set forth the modification, if any, of the benefits and contributions under the Present Retirement System that may result from coverage under the said insurance system with respect to such coverage group; NOW, THEREFORE, BE IT RESOLVED that the Board of Administration, California Public Employees' Retirement System, be and hereby is requested to authorize the foregoing division; and BE IT FURTHER RESOLVED, that upon receipt of authorization from the Board of Administration a division shall be conducted in accordance with the requirements of Section 218(d) of the Social Security Act, and applicable State and Federal laws and regulations; that each eligible member of the Present Retirement System at the time of the division shall be furnished a form to permit the member to elect whether or not his services should be excluded from or included under the said California State Social Security Agreement as hereinbefore provided; with such "Medicare-Only"' coverage effective as a service performed on and after July 1, 2013; and RESOLiJTION NO. 2013 -02 BE IF FURTHER RESOLVED, that the following services with respect to said coverage group of the Public Agency shall be excluded from coverage under said agreement: 1. All services from coverage under the agreement by Section 218 of the Social Security Act; and 2. Services excluded by option of the Public Agency: U a. No optional exclusions desired. BE IT FURTHER RESOLVED, that with respect to the said coverage group the benefits and contributions of the Present Retirement System shall not be modified in any way; and BE IT FURTHER RESOLVED, that notice of the division shall be given to members of the Present System not less than ninety days prior to the date of the division; provided however, that notice shall be given to employees becoming members of the Present Retirement System after the date of such notice up to and including the date of the division on the date on which they attain membership in the system, and that Lori Carney, Human Resources Manager is hereby designated and appointed to conduct such division on behalf o the Public Agency in Accordance with Law, regulations, and this resolution, including the fixing of the date and the giving of proper notice thereof to members of the Present Retirement System and to all such eligible employees; and BE IT FURTHER RESOLVED, that the public agency will pay and reimburse the State at such time and in such amounts as may be determined by the State the approximate cost of any and all work and services relating to such division. PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert City Council, held on this 24th day of January, 2013, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAIN: JAN HARNIK, MAYOR ATTEST: RACHELLE KLASSEN, CITY CLERK City of Palm Desert, California