Adopt funding policy for retiree health benefits

Labor & City WorkersPersonnelResolution

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

Passed

6 to 0

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