MEMORANDUM OF UNDERSTANDING WITH THE CULVER CITY POLICE MANAGEMENT GROUP JULY 1, 2025, THROUGH JUNE 30, 2028. - Flipbook - Page 35
ARTICLE FOUR
2. The City’s monthly contribution for medical insurance provided through
the PERS Health plan, for employees hired prior to July 1, 2011 that
retire on or after January 1, 2012, shall be as follows:
Upon retirement with a minimum of 5 years City service, employees who
were hired prior to July 1, 2011, shall be eligible to receive, inclusive of
the PEMHCA minimum, up to $797.14/mo based on plan enrollment for
retiree only; and pre-65 spousal/dependent coverage shall be provided
up to an additional $675.06/mo subject to vesting. Vesting for pre-65
spousal/dependent coverage is contingent upon the employees’ years
of City service at retirement such that the additional amount for pre-65
spousal/dependent coverage vests as follows: 6 years = 20%, 7 years =
40%, 8 years = 60%, 9 years = 80%, 10 years = 100%). Upon retirement
with 10 or more years of service, 100% of the pre-65 spousal/dependent
coverage is vested. Entitlement to spouse/dependent coverage is
dependent upon that coverage having been selected at the time of
retirement.
Each January 1st, the City’s contribution towards retiree medical
insurance shall increase by up to 4% annually, based on the average
percentage increase of CalPERS rates. If the average percentage
premium increase of CalPERS Los Angeles area Basic (non-Medicare)
medical insurance plans exceeds 4%, any additional amount shall be
borne by the annuitant. The average percentage increase in PERS
monthly health care premiums shall be calculated by subtracting the
average cost of Los Angeles area Basic (non-Medicare) premiums for
all available City-offered CalPERS health-care plans for the current year
from the average cost of Los Angeles area Basic (non-Medicare)
premiums for all available City-offered CalPERS health-care plans for
the upcoming year and dividing the difference by the current year
average cost, as defined above. If this percentage is less than 4%, then
the City allowances shall be increased by that actual percentage. If this
percentage equals or exceeds 4%, the City allowances shall be
increased by 4%. If there is a year where the average premium increase
is 0%, or there is an overall decrease, the City contribution shall not be
adjusted. Employees shall only be eligible to receive the City
contribution towards retiree medical insurance based on his or her family
status at the time of retirement. This amount shall only be increased by
PMG MOU 20222025-2025
Page 33
57222818.1/005528.00067
2028