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CITY COUNCIL AGENDA PACKET
City of Pleasanton
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2025
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CITY COUNCIL AGENDA PACKET
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8/12/2025 3:52:54 PM
Creation date
8/12/2025 3:47:35 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
8/19/2025
DESTRUCT DATE
15Y
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29 <br /> <br />B. Plan Design <br /> <br /> Employees who retire on or after July 1, 2009, will have the same benefit co-pay <br />and plan design as provided to active employees in accordance with Section <br />16.1.C and are subject to the 15% premium cap provisions of Section 16.1.B. <br /> <br />C. Vesting Schedule for Employees Hired Before July 1, 2012 <br /> <br /> 1. Service Retirement <br /> <br /> For all employees who retire with service from the City of Pleasanton, the City <br />shall pay four percent (4%) for each year of service of the <br />toward the monthly premium for employee and one dependent. <br /> <br /> 2. Disability Retirement <br /> <br /> For all employees who retire due to disability, the City shall pay a percentage of <br />the monthly premium for employee plus one <br />dependent (two-party rate) for the lowest cost HMO plan in accordance with the <br />schedule set forth below: <br /> <br /> <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 /> <br /> <br />3. City Contributions <br /> <br /> is established as the same dollar <br />contribution paid for active employees at the employee plus one rate of the <br />lowest cost HMO early retiree plan. <br />Page 223 of 674
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