County Changes Retiree Benefits; Retired Employees’ Dependents Must Pay Entire Premium
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Title : County Changes Retiree Benefits; Retired Employees’ Dependents Must Pay Entire Premium
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Title : County Changes Retiree Benefits; Retired Employees’ Dependents Must Pay Entire Premium
link : County Changes Retiree Benefits; Retired Employees’ Dependents Must Pay Entire Premium
news-today.world | SNOW HILL – The Worcester County Commissioners approved a change expected to reduce the county’s medical insurance costs in the future.
On Tuesday the commissioners voted unanimously to eliminate the health insurance cost-share for dependents of employees hired after Oct. 1 upon their retirement. Though the change was initially proposed in June, the commissioners delayed their decision in order to gather input from the county’s educators.
“I didn’t read anything that swayed my mind,” Commissioner Joe Mitrecic said. “I hope we continue to move forward with this.”
Mitrecic has long advocated for the change in an effort to address rising health insurance costs. Currently, dependents of retirees with at least 15 years of county service are provided medical insurance at the same cost-share as the retired employee. That rate is 10 percent for county employees hired before July 1, 2015, and 20 percent for employees hired since then.
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On Tuesday the commissioners voted unanimously to eliminate the health insurance cost-share for dependents of employees hired after Oct. 1 upon their retirement. Though the change was initially proposed in June, the commissioners delayed their decision in order to gather input from the county’s educators.
“I didn’t read anything that swayed my mind,” Commissioner Joe Mitrecic said. “I hope we continue to move forward with this.”
Mitrecic has long advocated for the change in an effort to address rising health insurance costs. Currently, dependents of retirees with at least 15 years of county service are provided medical insurance at the same cost-share as the retired employee. That rate is 10 percent for county employees hired before July 1, 2015, and 20 percent for employees hired since then.
More
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You are now reading the article County Changes Retiree Benefits; Retired Employees’ Dependents Must Pay Entire Premium With link address https://newstoday-ok.blogspot.com/2017/09/county-changes-retiree-benefits-retired.html