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lowest cost HMO health plan supplement to Medicare for employee and one <br /> dependent. <br /> E. Vesting Schedule for Employees Hired After June 1, 2011 <br /> 1. Service Retirement <br /> For all employees who are hired after June 1, 2011 and retire from service, the <br /> City shall provide the following benefit: <br /> For all employees who retire with service from the City of Pleasanton, the City <br /> shall pay for each year of service equivalent to four percent (4%) of the City's <br /> contribution toward the monthly premium for single coverage. <br /> 2. Disability Retirement <br /> For all employees who are hired after June 1, 2011 and retire with disability, the <br /> City shall pay a percentage of the City's monthly contribution toward the <br /> premium for single coverage in accordance with the schedule set forth below: <br /> Years of Service City's Contribution <br /> 10 20% <br /> 11 25% <br /> 12 30% <br /> 13 35% <br /> 14 40% <br /> 15 45% <br /> 16 48% <br /> 17 51% <br /> 18 54% <br /> 19 57% <br /> 20 80% <br /> 21 84% <br /> 22 88% <br /> 23 92% <br /> 24 96% <br /> 25 + years of service 100% <br /> 3. City Contributions <br /> The City's contribution for retiree medical is established as the same dollar <br /> contribution paid for active employees at the single rate of the lowest cost HMO <br /> early retiree plan. <br /> 4. Reimbursement for non-City Plans <br /> In the event that a retiree obtains medical coverage through a plan not offered <br /> through the City of Pleasanton, the City will reimburse the retiree up to the <br /> amount outlined in Section 15.2.D for the single rate, but no more than the <br /> amount paid by the retiree. Retirees must supply proof of coverage and proof of <br /> payment in order to be reimbursed. <br /> -24 - <br />