Agenda - 09-01-1998 - 9b - Laserfiche WebLink

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orange County Board of Commissionerm Action Agenda Item Abstract Meeting Dab: September 1, 1998 Action Agenda Item No. ~_ Subject: Retlree HeaIM Insurance For ABC Board Employees Department: Personnel Public Hearing: Vea_NO X eutlget Amendment Needed: Vu No X Albehmengaf: Inbrmatlon Contact: ABC Boartl Retiree HeaIM Elaine Holmes, Personnel Director Insurance Report Extension 2550 Telephone Number: Hillsborough ]32-8181 Chapel Hill 988>801 Durham 688-]331 Mebaire 22]-2031 Purpose: To revive a report prepared by Ma Oange Couny Personnel Department on retiree heagh insurance provided by Me Orange County ABC Boartl antl to consitler whether to rewmmentl the ABC Boartl change its policy. Background: In follow up to discussion of the Boats of Commissioners Chaiq County Manager, ABC Boartl Chair and ABC General Manager, Me Orange County Penwnnel DepeMront has tlevelopetl Me attached report as to refiree healM insurence offeretl by the ABC Board.ITia inclutles review of a policy change metle by Me ABC Board eRective January 1, 1988 antl companaon of the ABC BaaN's previous and current retiree health ineurence policy with Orange County's policy. In summary, prior to January 1, 1989 Me ABC Boartl provided retiree heath insurance wverege to retiring employees with 15 years ABC service. For such employees the ABC BoaN paid the full cost of Me individual rHiree's heagh insurance wverage. Effective January 1, 1898, Me ABC BoaN changed gs Policy to provitle retiree healM insurance coverage (on Me ABC Boats group healM Insurance plan) to refiring employces wits 25 years ABC service antl to require Me retiree pay the full cast of Me coverage. With this change, the ABC Boartl atloptetl a grentlbtherprovision. Untler this ABC employees who alreatly had 16 years ABC service as of January 1, 1998 continuetl [o be