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Home My Public Portal AboutFY2019 Fringe & RetirementFRINGE BENEFITS &RETIRMENT The Town of Brewster has employee fringe benefit related expenses that include Health Insurance, Unemployment Insurance, Life Insurance, and a the town’s portion of Medicare Tax (1.45%). The Town also participates in the Barnstable County Retirement System as opposed to the Federal Social Security program. The retirement budget includes an annual appropriation to provide funds for Other Post- Employment Benefits (OPEB). Health Insurance: The Town participates in the Cape Cod Municipal Health Group (CCMHG). CCMHG is a municipal joint purchase group for health insurance. Active employees have several plan options through Blue Cross Blue Shield of Massachusetts (BCBSMA0 and Harvard Pilgrim Health Care (HPHC). Senior plans include BCBSMA, HPHC, and Tufts Health Plan. They also offer dental insurance and life insurance; however the town doesn’t offer these two additional insurances through CCMHG. The Town currently provides 70% of the health insurance premiums for active employees and 50% for retiree secondary health insurance plans. Retirement: Chapter 306 of the Acts of 1996 created the Public Employee Retirement Administration Commission (PERAC) to oversee and regulate the public pension systems in the Commonwealth, constituted under Chapter 32 of the Massachusetts General Laws. One important aspect of PERAC's stewardship is the distribution of information about the rights and benefits of public employees under Chapter 32. These boards are the retirement administrators for county employees and employees of smaller towns and units within counties that do not have their own boards. In counties that have been abolished, regional retirement boards are the retirement administrators for retirees and current employees. How much do members contribute? •Employees who became members prior to January 1, 1975 must contribute 5 percent of their regular compensation •Employees whose membership commenced on or after January 1, 1975 but prior to January 1, 1984 must contribute 7 percent of their regular compensation. •Those employees whose membership began on or after January 1, 1984 but prior to July 1, 1996 must contribute 8 percent of their regular compensation. •Those employees whose membership commenced on or after July 1, 1996 must contribute 9 percent of their regular compensation. • Those employees who are appointed to the state police and whose membership commenced on or after July 1, 1996 must contribute 12 percent. Excerpt: Barnstable County Retirement Association home page, link: https://www.barnstablecounty.org/retirement- association •In excess of $30,000; an additional 2.0% for the difference. Example: $50,000 salary - $30,000 threshold = $20,000 would be subject to the 2.0% in addition to the employees regular contribution percentage. Other Post-Employment Benefits: •Other post-employment benefits is the Town’s portion of an unfunded liability pertaining to an employee’s health insurance premiums, life insurance premiums, and deferred compensation costs they will receive upon retirement. This is in addition to Retirement / Pension benefits. The Town appropriates at least $100,000 into an OPEB trust fund on an annual basis towards reducing the unfunded portion of the liability. Note: Fringe Benefits and Retirement budgets do not include the Elementary School, Golf, or Water employees. The Elementary Schools, Golf, and Water Departments associated costs are reflected within their respective budgets. GENERAL FUND DEPT HEAD TOWN ADMINISTRATOR SELECTBOARD FINANCE COMMITTEE EXPENDED APPROPRIATED REQUESTED RECOMMENDED RECOMMENDED RECOMMENDED UNEMPLOYMENT Unemployment 60,992$ 72,000$ $ 31,000 $ 31,000 $ 31,000 $ 31,000 -56.9% $ (41,000.00) SUBTOTAL 60,992$ 72,000$ 31,000$ 31,000$ 31,000$ 31,000$ -56.9% $ (41,000.00) INSURANCE/GROUP HEALTH Group Ins - Town 1,892,482$ 1,677,774$ $ 1,864,491 $ 1,864,491 $ 1,864,491 $ 1,864,491 11.1% $ 186,717.00 Group Ins - Library 58,104$ 74,154$ $ 78,603 $ 78,603 $ 78,603 $ 78,603 6.0% $ 4,449.00 Life Ins - Library 193$ 195$ $ 195 $ 195 $ 195 $ 195 0.0% $ - Life Ins - Town 3,714$ $ - $ - $ - $ - -100.0% $ (3,714.00) SUBTOTAL 1,950,779$ 1,755,837$ 1,943,289$ 1,943,289$ 1,943,289$ 1,943,289$ 10.7% $ 187,452.00 TOWN SHARE MEDICARE Medicare - Town 127,345$ 121,202$ $ 121,197 $ 121,197 $ 121,197 $ 121,197 0.0% $ (5.40) Medicare - Library 5,980$ 6,100$ $ 6,900 $ 6,900 $ 6,900 $ 6,900 13.1% $ 799.60 SUBTOTAL 133,325$ 127,303$ 128,097$ 128,097$ 128,097$ 128,097$ 0.6% $ 794.20 ICMA(PTS)/SS(FICA): Library S.S.-$ $ - $ - $ - 0.0% $ - SUB TOTAL -$ -$ -$ -$ $ - -$ 0.0% $ - GRAND TOTAL 2,145,096$ 1,955,140$ 2,102,386$ 2,102,386$ 2,102,386$ 2,102,386$ 7.5% $ 147,246.20 Vote 5-0-0 Vote 6-0-0 GENERAL FUND DEPT HEAD TOWN ADMINISTRATOR SELECTBOARD FINANCE COMMITTEE EXPENDED APPROPRIATED REQUESTED RECOMMENDED RECOMMENDED RECOMMENDED GENERAL EXPENSES; Retirement/BCR - Town Only (FY2018 forward)1,967,090$ 1,501,212$ $ 1,591,946 $ 1,591,946 $ 1,591,946 $ 1,591,946 6.0% $ 90,734 Retirement: GASB 45 Actuarial 2,600$ 2,600$ $ 2,600 $ 2,600 $ 2,600 $ 2,600 0.0% $ - SUB TOTAL / BCR 1,969,690$ 1,503,812$ 1,594,546$ 1,594,546$ 1,594,546$ 1,594,546$ 6.0% $ 90,734 OTHER EXPENSES: Retirement/State Liab.-$ 222$ $ - $ - $ - $ - -100.0% $ (222) Def Comp Former Town Administrator -$ -$ $ - $ - $ - $ - 0.0% $ - OPEB 75,000$ 55,000$ $ 100,000 $ 100,000 $ 100,000 $ 100,000 81.8% $ 45,000 SUB TOTAL / OTHER 75,000$ 55,222$ 100,000$ 100,000$ 100,000$ 100,000$ 81.1% $ 44,778 GRAND TOTAL 2,044,690$ 1,559,034$ 1,694,546$ 1,694,546$ 1,694,546$ 1,694,546$ 8.7% $ 135,512 Vote 5-0--0 Vote 6-0-0 FY2019 % CHANGE YR / YR $ CHANGE YR / YR FY2017 FY2018 FRINGE BENEFITS Note: FY2017 Health Insurance, Medicare, Life Insurance, and Retirement for Golf / Water. Removed in FY2018. Health Insurance, Medicare, Life Insurance, and Retirement for the Elemenary School's have been included in the School's budget as of FY2018. Over 50% of unemployment is related to the Golf Department and has been moved to the Golf Department spending limit. Note: FY2019 Health Insurance and Medicare Tax include 3 new full time positions (Natural Resources, Planning Dept, and Recreation. Note: Does not include Elementary Schools, Water Dept and Golf Dept. Voted in their respective spending limits beginning Fiscal Year 2018. FY2019 % CHANGE YR / YR $ CHANGE YR / YR Mitigation identified on 1/31/2017 after FinCom vote. RETIREMENT / PENSION FY2017 FY2018 Fringe 3/23/2018 Individual Parent/Child Family Individual Parent/Child Family Individual Parent/Child Family Individual Parent/Child Family Annual 13,452.00$ 26,988.00$ 33,696.00$ 10,296.00$ 20,772.00$ 27,636.00$ 10,224.00$ 20,448.00$ 27,348.00$ 11,220.00$ 22,440.00$ 29,688.00$ Town 75%10,089.00$ 20,241.00$ 25,272.00$ 7,722.00$ 15,579.00$ 20,727.00$ 7,668.00$ 15,336.00$ 20,511.00$ 8,415.00$ 16,830.00$ 22,266.00$ Emp 25%3,363.00$ 6,747.00$ 8,424.00$ 2,574.00$ 5,193.00$ 6,909.00$ 2,556.00$ 5,112.00$ 6,837.00$ 2,805.00$ 5,610.00$ 7,422.00$ Monthly 1,121.00$ 2,249.00$ 2,808.00$ 858.00$ 1,731.00$ 2,303.00$ 852.00$ 1,704.00$ 2,279.00$ 935.00$ 1,870.00$ 2,474.00$ Town 75%840.75$ 1,686.75$ 2,106.00$ 643.50$ 1,298.25$ 1,727.25$ 639.00$ 1,278.00$ 1,709.25$ 701.25$ 1,402.50$ 1,855.50$ Emp 25%280.25$ 562.25$ 702.00$ 214.50$ 432.75$ 575.75$ 213.00$ 426.00$ 569.75$ 233.75$ 467.50$ 618.50$ Bi-Weekly 140.13$ 281.13$ 351.00$ 107.25$ 216.38$ 287.88$ 106.50$ 213.00$ 284.88$ 116.88$ 233.75$ 309.25$ Individual Parent/Child Family Individual Parent/Child Family Individual Parent/Child Family Individual Parent/Child Family Annual 11,220.00$ 22,536.00$ 28,140.00$ 8,616.00$ 17,400.00$ 23,124.00$ 8,064.00$ 16,356.00$ 21,720.00$ 8,880.00$ 17,988.00$ 23,892.00$ Town 75%8,415.00$ 16,902.00$ 21,105.00$ 6,462.00$ 13,050.00$ 17,343.00$ 6,048.00$ 12,267.00$ 16,290.00$ 6,660.00$ 13,491.00$ 17,919.00$ Emp 25%2,805.00$ 5,634.00$ 7,035.00$ 2,154.00$ 4,350.00$ 5,781.00$ 2,016.00$ 4,089.00$ 5,430.00$ 2,220.00$ 4,497.00$ 5,973.00$ Monthly 935.00$ 1,878.00$ 2,345.00$ 718.00$ 1,450.00$ 1,927.00$ 672.00$ 1,363.00$ 1,810.00$ 740.00$ 1,499.00$ 1,991.00$ Town 75%701.25$ 1,408.50$ 1,758.75$ 538.50$ 1,087.50$ 1,445.25$ 504.00$ 1,022.25$ 1,357.50$ 555.00$ 1,124.25$ 1,493.25$ Emp 25%233.75$ 469.50$ 586.25$ 179.50$ 362.50$ 481.75$ 168.00$ 340.75$ 452.50$ 185.00$ 374.75$ 497.75$ Bi-Weekly 116.88$ 234.75$ 293.13$ 89.75$ 181.25$ 240.88$ 84.00$ 170.38$ 226.25$ 92.50$ 187.38$ 248.88$ FY 2019 Life Insurance Individual Parent/Child Family Individual 2-Person Family Annual 504.00$ 1,008.00$ 1,308.00$ Annual 90.36$ 171.72$ 252.24$ Monthly 4.30$ Monthly 42.00$ 84.00$ 109.00$ Monthly 7.53$ 14.31$ 21.02$ Town 75%3.22$ Bi-Weekly 21.00$ 42.00$ 54.50$ Emp 25%1.08$ Health & Dental Insurance premiums deducted 24 weeks per year Life & Vision Insurance premiums deducted once per month $10,000 Benefit FY 2019 Delta Rates Network Blue-epo (HMO)Blue Care Elect (PPO) FY 2019 HEALTH INSURANCE RATES - BIWEEKLY Harvard Pilgrim (PPO) FY 2019 EyeMed Vision Rates Harvard Pilgrim-epo (HMO) Blue Cross Blue Shield PPO Blue Cross Blue Shield HMO Harvard Pilgrim HMO Harvard Pilgrim PPO HSA-Qualified High Deductible HSA-Qualified High Deductible HSA-Qualified High Deductible HSA-Qualified High Deductible 50% Contribution Rate Medex II HPHC Medicare Managed Tufts Medicare Tufts Enhanced Enhanced Blue for Seniors Medicare HMO Blue Medicare Preferred HMO Prime Supplement with Blue Medicare RX With Aetna Health RX with Blue Medicare RX with PDP+ Monthly 356.00$ 353.00$ 352.00$ 314.00$ 380.08$ 384.00$ Retiree/Town Monthly 178.00$ 176.50$ 176.00$ 157.00$ 190.04$ 192.00$ Town Annual 2,136.00$ 2,118.00$ 2,112.00$ 1,884.00$ 2,280.48$ 2,304.00$ TOWN OF BREWSTER RETIREE'S OVER AGE OF 65 YEARS HEALTH INSURANCE (Calendar Year 2018)