Adopt funding policy for retiree health benefits
Resolution 118-20
In Plain English
The city provides health insurance to retired employees as part of their pension benefits. Federal accounting rules require cities to set aside money each year to pay for these future costs. This policy establishes how much the city will contribute annually to cover retiree healthcare expenses.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
6 to 0
Community Discussion
This discussion was submitted to the City Clerk as part of the public record.
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Similar Discussions
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The Story So Far
10 prior discussions on this topic
Meet privately with union negotiators to discuss employee contracts
Approve new 3-year contract with firefighters union covering wages and benefits
Meet privately with union representatives to discuss employee contracts
Approve hiring temporary fire department supervisors and add other city positions
Receive presentation on Rent Board staffing levels and recruitment
Approve 3-year contract with part-time city employees union
Approve 3-year labor contract with city employees union through 2028
Hold closed-session meeting to discuss contract negotiations with 6 employee unions
Receive 4 February financial reports on investments, overtime costs, property taxes, and retirement benefits
Receive monthly financial reports for January 2026