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HomeMy Public PortalAbout1997_09_23_O031 Amending the TC regarding supplemental insurance for retirees The Town of Leesburg, Virginia ORDINANCE NO. 97-0-31 PRESENTED September 23, 1997 ADOPTED September 23, 1997 AN ORDINANCE: AMENDING SECTION 12.1-52 OF THE TOWN CODE TO ADD SUPPLEMENTAL INSURANCE BENEFITS FOR RETIRING TOWN EMPLOYEES OF AGE 65 WITH FIFTEEN OR MORE YEARS OF SERVICE WHEREAS, because of the high cost of health insurance, town employees 65 years: of age and older desiring to retire are discouraged from retiring because of the inadequate coverage provided by Medicare; and WHEREAS the cost of providing supplemental Medicare health insurance for eligible retirees would be offset by lower payroll costs; and THEREFORE, ORDAINED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. Section 12.1-52. Hospitalization and Insurance of the Town Code and Personnel Manual is hereby amended to read as follows: Section 12.1-52. Hospitalization and Insurance. (a) All 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 for said coverage described above. The individual employee shall pay the additional hospitalization premiums for the spouse, family or other dependent overages when a coverage is requested by the employee. (b) Employees eligible for retirement benefits under the state retirement system with retiring from the town a minimum of 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 a ..... a c_^~ .-.'vv ....... coverage provided supplemental Medicare insurance. Employees eligible for retirement benefits under the state retirement system with 15 or more years of service and less than 20 years of service participating in the plan shall be required to pay one-half of the monthly individual health insurance premium and supplemental insurance. Employees eligible for retirement benefits under the state retirement system with 20 years of service or more may participate in the plan and supplemental insurance at no cost to them. Retired employees participating in the plan must pay all of the additional premium for spouse, family or other dependent coverage as requested by the retiree. SECTION II. This ordinance shall be effective upon its passage. -2- PASSED this 23,rd day of September, 1997. J?fmes E. Clem, Mayor Town of Leesburg ATTEST: Clerk of Council 0 :healthbenefit