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<br /> <br /> <br /> <br /> September 5, 2024 3 <br />BENEFIT SUMMARY <br /> Mgmt/Conf POA PCEA <br /> 23/24 Caps1 <br />(pre/post <br />65) <br /> Cap <br /> Retired < 7/1/09: <br />Kaiser EE+1 $1,697/ $778 <br /> Retired > 7/1/09: <br /> Kaiser EE only $827/ $283 <br />Kaiser EE+1 $1,653/ $566 <br /> Cap <br /> Retired < 7/1/12: <br />Kaiser EE+1 <br />$1,697/ $778 <br /> Retired > 7/1/12: <br />Kaiser EE only <br />$827/ $283 <br />Kaiser EE+1 <br />$1,653/ $566 <br /> Medical <br />Benefits – <br />Disability <br />Retirement <br /> City cap percentage based on years of service at retirement <br />Years % Years % Years % Years % <br />10 20 14 40 18 54 22 88 <br />11 25 15 45 19 57 23 92 <br />12 30 16 48 20 80 24 96 <br />13 35 17 51 21 84 25 100 <br /> <br /> Surviving <br />Spouses <br /> 50% of retiree benefit for surviving spouses <br /> <br />1 For retired after 7/1/10, annual increase in City’s contribution is limited to 15% of lowest cost family premium <br /> <br /> <br /> <br /> <br /> September 5, 2024 4 <br />BENEFIT SUMMARY <br /> Mgmt/Conf POA PCEA <br /> Council <br />Members <br />and <br />Pre-LPFD <br />Retirees <br /> Active Council members are not eligible <br /> The City pays a percent of the EE+1 Kaiser premium based on years of <br />service for 4 retired Council members. <br /> Pre-LPFD: The City pays a percent of the EE+1 Kaiser premium based on <br />years of service <br />