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HomeMy WebLinkAboutD-2123-13 Amend 2-42/Health InsuranceSponsors: Councilors Finkam and Carter ORDINANCE D- 2123 -13 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA AMENDING CHAPTER 2, ARTICLE 3, DIVISION II, SECTION 2 -42 OF THE CARMEL CITY CODE WHEREAS, Ordinance D- 1377 -98 recognized and rewarded service to the City of Carmel by authorizing the City to pay a portion of retiree health insurance premiums for long- term employees; and WHEREAS, Ordinance D- 1377 -98 established that the City will pay 50 -75% of a retiree - spouse health insurance premium, based on years of full -time service, subject to a specified cap; and WHEREAS, the cap was raised from $350 per month in 1999 to $600 per month in 2004, $650 per month in 2007 and $700 per month in 2009; and WHEREAS, over the past four years the increasing cost of insurance has significantly eroded the value of this benefit as originally intended; and WHEREAS, the current $700 per month cap permits the City to pay less than 50% of the employee- spouse premium, no matter how many years the employee served the City. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel, Indiana, as follows: Section 1. The foregoing Recitals are incorporated herein by this reference. Section 2. Chapter 2, Article 3, Division II, § 2 -42(e) is amended to read as follows. § 2 -42 Health Insurance. (e) Retiree insurance. The City shall contribute 50% of the monthly employee- spouse premium for retirees who have 20 years of active service with the City, plus an additional 1% for each additional six months of service, up to a maximum of 75% of the employee only or employee- spouse premium, as applicable, provided that the City's insurance premium contribution shall not exceed $900.00 per month or $10,800.00 per year. If the retiree is not married but has dependent children, an equivalent dollar amount will be applied to the employee - child(ren) premium. If the retiree has a spouse, whether or not the spouse is on the City's plan, coverage for other eligible dependents may be continued at the retiree's expense. Details regarding retiree insurance are set forth in the City of Carmel Guidelines for Payment of Retiree Insurance Premiums, as amended from time to time. The Common Council 1 Sponsors: Councilors Finkam and Carter shall review the amount and the terms of retiree insurance contributions no less frequently than every four years during the year of the general election of City officials. Section 3. This Ordinance shall be in full force and effect on and after January 1, 2013. Section 4. All prior City ordinances or parts thereof that are inconsistent with any provision of this Ordinance are hereby repealed as of the effective date of this Ordinance. Section 5. If any portion of this Ordinance is declared unconstitutional, invalid or unenforceable by the valid judgment or decree of any court of competent jurisdiction such unconstitutionally, invalidity or unenforceability shall not affect any of the remaining portions of same. PASSED by the Common Council of the City of Carmel, Indiana this 4 day of 2013, by a vote of 7 ayes and a nays. [Remainder of page left intentionally blank.] 2 Sponsors: Councilors Finkam and Carter MMON CO . CI FOR THE CITY OF ARMEL Kling Officer Richard L Sharp, President Pro Tempore ATTEST: Diana L. Cordray, IAMC, Clerk- Trea rer /y Kevin D. Rider Carol Schleif W. Eric Seidensticker .�( Presented by me to the Mayor of the City of Carmel, Indiana this -1 day of 2013, at (0:32 1 .M. Diana L. Cordray, IAMC, Clerk - Treasurer Approved by me, Mayor of the City of Carmel, Indiana, this y day of 2013, at :3b' -P.M. U /) ATTEST: Diana L. Cordray, IAMC, Clerk -Trea rer vroes Brainard, Mayor Prepared by: Barbara A. Lamb, Director of Human Resources 3