MEMORANDUM OF UNDERSTANDING WITH THE CULVER CITY POLICE OFFICERS ASSOCIATION JULY 1, 2025, THROUGH JUNE 30, 2028. - Flipbook - Page 34
ARTICLE FOUR
Effective with the pay period that includes July 1, 2026, and continuing
January 1 of each year, employees enrolled or enrolling in one of the
City’s health insurance plans shall receive cafeteria allowance (flex
dollars) based on the value of the CalPERS Kaiser Region 3 Plan, which
is the City’s highest utilized CalPERS health plan, and represents the
average cost of the health plans offered by CalPERS, plus an additional
$100.00. The updated cafeteria allowance amount(s) are listed below and
may be modified annually in accordance with CalPERS health plan rate
increase(s)/decrease(s) for subsequent plan years:
Employee Only: $969.05 + $100.00= $1,069.05
Employee + One: $1,938.10 + $100.00= $2,038.10
Family: $2,519.53 + $100.00= $2,619.53
The monthly flex dollar allowance may be used to purchase health
benefits offered under the cafeteria plan and ancillary benefits plans (i.e.,
dental, vision and mandatory life insurance coverage(s)..
If the total cost of the selected benefits (must also include the cost of
mandatory life insurance) exceed the employee’s monthly eligible flex
dollar allowance based on number of dependent(s) (EE only, EE+ 1,
family), the balance shall be paid by the employee through automatic pretax payroll deduction(s) as permitted under IRS Code Section 125. The
balance owed shall be split into two (2) equal deductions and taken from
the first and second pay checks of each month.
If the total cost of the selected benefits (must also include the cost of
mandatory life insurance) does not exceed the employee’s monthly
eligible flex dollar allowance, the difference between the employee’s
eligible flex dollar allowance and the cost of selected benefits shall be
converted to taxable income, payable to the employee in the first and
second pay checks of each month.
C.
MEDICAL INSURANCE PREMIUMS – OPT-OUT/CASH OUT OPTION
(NON-PERSABLE)
Upon proof of other coverage, unit employees who “Opt-Out” shall be
allotted the value of single-party flex dollars toward other items in the full
flex cafeteria plan or convert it to taxable income.
POA MOU 2025-2028
57132141.1/005528.00065
Page 32
