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23 <br /> <br />Years of Service <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 />dollar contribution paid for active employees at the employee plus one rate of the <br />lowest cost HMO 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 eligible <br />amount, but no more than the amount paid by the retiree. Retirees must supply <br />proof of coverage and proof of payment in order to be reimbursed. <br />5. Benefits for Medicare Eligible Retirees <br />All retirees eligible for Medicate are required to apply for Medicare benefits. Upon <br />qualifying for and receiving parts A and B of Medicare, the City shall not be <br />obligated to contribute an amount in excess of the monthly premium for the lowest <br />cost HMO health plan supplement to Medicare for employee and one dependent. <br />D. Vesting Schedule for Employees Hired on or After January 1, 2009 <br />1. Service Retirement <br />For all employees who retire via service retirement from the City of Pleasanton, <br />the City <br />contribution toward the monthly premium for single coverage. <br />For all service retirements the formula accelerates beginning with 10 years of <br />service as illustrated below: <br /> <br />Page 300 of 674