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HomeMy WebLinkAboutCity Council Resolution 2005-467CITY OF PLYMOUTH RESOLUTION NO. 2005-467 APPROVING THE 2006 MONTHLY CONTRIBUTION TO HEALTH AND DENTAL INSURANCE, DEFERRED COMPENSATION AND VEBA TRUST CONTRIBUTIONS FOR NON -REPRESENTED CITY EMPLOYEES. WHEREAS, the City Council annually reviews the compensation package for general City employees; and WHEREAS, the City has settled contracts with its bargaining units which will result in increases in the City's contribution for health and dental insurance coverage; and WHEREAS, the City has agreed in the contracts with bargaining units to contribute an additional sum toward a deferred compensation plan for employees selecting single health care coverage, and WHEREAS, it has been the City's practice to compensate similar groups similarly; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that it should, and hereby does: Authorizes the payment of the premium for single health care and for single or family dental care for those selecting single health. And, authorizes an increase in the City's contribution to benefits according to the following schedule for all its non -represented employees, effective January 1, 2006. Non Represented Employees Electing Co -pay Family Health Coverage Non Represented Employees Electing VEBA $2400 CMM Family Health Coverage Health & Dental Insurance Premium Contribution Health & Dental Insurance Premium Contribution VEBA contribution $713.74 per month $565.00 per month $148.74 per month Non Represented Employees Electing VEBA $4500 CMM Family Health Coverage Non Represented Employees Electing Co -pay Single Health Coverage Non Represented Employees Electing VEBA $1200 CMM Single Health Coverage Non Represented Employees Electing VEBA $2250 CMM Single Health Coverage Health & Dental Insurance Premium Contribution VEBA contribution Deferred Comp Contribution VEBA contribution VEBA contribution Adopted by the City Council on December 13, 2005. $469.80 per month $243.94 per month $202.77 per month $261.24 per month $314.74 per month