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HomeMy Public PortalAbout1991_12_18_O059The Town of Leesburg, l 7irginia ORDINANCE NO. 91-0-59 PRESENTED ADOPTED December 18, 1991 December 18, 1991 AN ORDINANCE: AMENDING SECTION 12.1-47 OF THE TOWN CODE TO ADD HEALTH INSURANCE BENEFITS FOR RETIRING TOWN EMPLOYEES UNDER THE AGE OF 65 WITH FIFTEEN OR MORE YEARS OF SERVICE WHEREAS, town employees who retire before the age of 65 are currently not eligible for the town's group health insurance; and WHEREAS, because of the high cost of health insurance, town employees eligible to retire are discouraged from retiring until they reach age 65; and WHEREAS, the cost of keeping eligible retirees on the town's group health insurance plan would be offset by lower payroll costs; and WHEREAS, retirees aged 65 and over are eligible for medicare benefits which substantially lower the out-of-pocket expense for health insurance. THEREFORE, ORDAINED by the Town Council of the Town of Leesburg in Virginia as follows: SECTION I. Section 12.1-47. Hospitalization and Insurance of the Town Code and Personnel Manual is hereby amended to read as follows: Section 12.1-47 Hospitalization and Insurance. (a) AIl employees of the town, unless provided otherwise by these rules, are required to participate in group life, basic hospital/surgical-medical, major medical and disability income programs as approved by the Town Council. The town shall pay all of the total monthly individual premiums fo,' said coverage described above. The individual employee shall pay the additional hospitalization premiums for the spouse, family or other dependent coverages when a coverage is requested by the employee. (b) Employees retiring from the town prior to December 31, 1992, with 15 years of town service shall be eligible to participate in the town's group health insurance until age 65 at which time they shall be dropped from coverage. Retired employees participating in the plan shall be required to pay one- half of the monthly individual health insurance premium and all of the additional premium for spouse, family or other dependent coverage as requested by the retiree. The town contribution shall not exceed $200.00/month per retiree. SECTION II. This ordinance amendment shall be effective upon passage. PASSED this 18th day of December, 1991. Clerk of C6uncil o:12.1-47 Town of Leesburg