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CITY COUNCIL WORKSHOP SUPPLEMENTAL
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2025
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010925 WORKSHOP
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CITY COUNCIL WORKSHOP SUPPLEMENTAL
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Last modified
8/13/2025 11:52:16 AM
Creation date
1/9/2025 12:22:03 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
1/9/2025
DESTRUCT DATE
15Y
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<br /> <br /> <br /> <br />October 13, 2022 E-15 <br />ACTUARIAL ASSUMPTIONS <br /> June 30, 2019 Valuation June 30, 2021 Valuation <br /> Medical Plan at <br />Retirement <br /> Actives: <br /> < 65 > 65 <br /> Med. <br />Elg. <br />Non Med. <br />Elig. <br />Kaiser 60% 50% 44% <br />HN HMO 5% 5% 8% <br />HN PPO 5% 5% 8% <br />Opt Out 30% 40% 40% <br /> Retirees: Same as current <br />medical plan <br /> Same <br /> Participation at <br />Retirement <br /> Current Actives – 100% <br /> Current Retirees: <br />• In payment status – 100% <br />• Not in payment status – 50% <br />will re-elect at age 65 <br /> Same <br /> <br /> <br /> <br /> <br /> <br />October 13, 2022 E-16 <br />ACTUARIAL ASSUMPTIONS <br /> June 30, 2019 Valuation June 30, 2021 Valuation <br /> Spouses Actives <br />• Currently covered: current <br />marital status <br />• Not currently covered: 80% <br />married <br /> Retirees: current marital status <br /> Same <br /> Spouse Age Males 3 years older than <br />females if not provided <br /> Same <br /> Surviving <br />Spouse <br />Participation <br /> 100% Same <br /> Future New <br />Entrants <br /> None – Closed Group Same <br /> <br />
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