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<br /> <br /> <br /> <br /> October 13, 2022 1 <br />BENEFIT SUMMARY <br /> Mgmt/Conf POA PCEA <br /> Eligibility • Retire directly from the City, service or disability retirement <br /> Benefit • City paid medical premium, not greater than cap multiplied by percentage <br />• If benefit payable after 65, caps based on Medicare eligible premiums <br /> Medical <br />Benefit <br />Cap <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Retired < 7/1/09 Retired < 7/1/09 Retired < 7/1/12 <br />Kaiser EE+1 <br />Retired ≥ 7/1/09 Retired ≥ 7/1/09 Retired ≥ 7/1/12 <br />• Hired < 1/1/09 <br />Lowest HMO EE+1 <br />• Hired > 1/1/09 <br />Lowest HMO EE <br />(until age 65) <br />• Hired < 1/1/09 <br />Lowest HMO EE+1 <br />• 1/1/09 ≤ Hired < 1/1/12 <br /> < 20 YOS <br />Lowest HMO EE <br /> > 20 YOS <br />Lowest HMO EE+1 <br />• Hired > 1/1/12: <br />lowest HMO EE <br />(until age 65) <br />• Hired < 6/1/11 <br />Lowest HMO EE+1 <br />• Hired > 6/1/11 <br />Lowest HMO EE <br />(until age 65) <br /> <br /> <br /> <br /> <br /> October 13, 2022 2 <br />BENEFIT SUMMARY <br /> Mgmt/Conf POA PCEA <br /> Cap <br />Percentage <br />• Greater of 4% x Years <br />of Service and: <br />YOS % <br />10 75% <br />15 80 <br />20 90 <br />25 100 <br />• Mgmt <br /> Hired < 1/1/09: all <br />CalPERS service <br /> Hired > 1/1/09: City <br />service only <br />• Conf: City service <br />only <br />• 4% x Years of City <br />Service <br />• 4% x Years of City <br />Service