Number
030405
Version
SUBSTITUTE 2
Reference
020479
Sponsor
THE CHAIR
Title
Substitute resolution relating to health benefits at time of retirement for certain sworn fire and police management employees.
Analysis
Common Council Resolution File Number 020479, adopted on July 16, 2002, requires that all management employees who are eligible for health insurance upon retirement and who retire after December 31, 2003, pay for retiree health insurance at the same rates as active general City management employees, until they reach age 65.
There are currently 41 sworn fire and police management employees who, prior to the adoption of Resolution File Number 020479, upon retirement would have been permitted to use accrued sick leave to reduce the cost of retiree health insurance to that provided in the current collective bargaining agreements covering fire personnel represented by Local #215, Milwaukee Professional Fire Fighters' Association, International Association of Fire Fighters, AFL-CIO, and police personnel represented by the Milwaukee Police Supervisors' Organization and the Milwaukee Police Association.
This resolution provides a transition for the 41 sworn fire and police management employees who had previously been permitted to use accumulated sick leave to reduce the cost of retiree health insurance, by allowing any individual holding a sworn fire or police management position as of December 31, 2003, and who thereafter retires from a sworn fire or police management rank on a normal service retirement allowance, to use the cash value of his or her sick leave balance at the time of retirement to reduce health insurance costs, until reaching age 65, as a dollar-for-dollar offset against the retiree share of the subscriber cost, which retiree share shall be at the same rate as that charged to active management employees, for any City retiree health plan coverage in which such individual is enrolled.
Body
Whereas, Common Council R...
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