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Resolution 104-1999 Board of County Commissioners RESOLUTION NO. 104 -1999 A RESOLUTION AMENDING RETIREMENT ELIGIBILITY REQUIREMENTS FOR GROUP HEALTH INSURANCE COVERAGE FOR MONROE COUNTY EMPLOYEES. WHEREAS, group health insurance expenses have been steadily increasing; and WHEREAS, the number of retired County employee continues to increase dramatically each ~~ ~~ :J: ...... '" - WHEREAS, it is the intent of the Monroe County Board of County Commi~on~s t.llo~ ::O("">=;~ ....... C 0,....; ~ County employees, including employees of the Constitutional Officers and the M~~fo ~tr<~ Board, who meet the criteria established in this resolution to retire through the Flo~getirjlille~ -t .. ~ rn System and maintain their group health insurance benefits with Monroe County as p~ llfrcing ;!! C'>cn -;:0 now, therefore, 'P fTl \D C BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA: Section 1. Retiree eligibility for group health insurance benefits. A.) Employees in FRS Regular Class with a minimum of 10 years of service with Monroe County who retire on, or after, their normal retirement date as described in Sec. 121.021 (29), F.S., or Employees in other FRS Classes who complete years of creditable service as required by Florida Statute who retire on, or after, their normal retirement date as described in Sec. 121.021 (29), F.S. including all group insurance participants who have retired or will retire prior to October 1, 1999, will maintain their group health insurance benefits with Monroe County. B.) Effective October 1, 1999, employees who retire at an early retirement date, as described in Sec. 121.021 (30), F.S., must, in order to maintain their group health insurance benefits with Monroe County, pay to Monroe County a monthly premium in an amount established annually by the Board of County Commissioners. The premium will equal, but not exceed, the County's premium cost for active employees. Retirees who must pay the monthly premiums described in this subsection (1B) will have their premiums canceled when they reach (i) 60 years of age; or (ii) qualify under the Rule of 70 wherein the combined years of service with Monroe County and the retiree's age equal a total of70. C.) Employees who have less than 10 years of service with Monroe County and are fully vested with the Florida Retirement System, must, in order to maintain their group health insurance benefits with Monwe County, pay to Monroe County a monthly premium in an amount established . annually by the Board of County Commissioners. The premium will equal, but not exceed, the County's premium cost for active employees. Section 2, This resolution does not affect any requirement of eligibility with the Florida Retirement System; it affects only eligibility to receive health insurance benefits under the Monroe County Group Employee Benefit Plan; Section 3 The Monroe County Board of County Commissioners formally reserves the right to any and all future changes and modifications of this resolution. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a regular meeting of said Board held on the 10th day of March 1999. Mayor Wilhelmina Harvey Mayor Pro Tern Shirley Freeman Commissioner George Nuegent Commissioner Mary Key Reich Commissioner Nora Williams yes yes yes yes yes (SEAL) ATTEST: DANNY L. KOLHAGE, CLERK BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By Jk...L.JL Co. ~~ ~ Deputy Clerk . - ~ By \.U...- ~ ~~...J\".,... . -""""",,,-' ' .- r. \., Mayor/Chairman