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The significance of this is that if this plan is not implemented on July 1st, then the Board may want to consider a COLA at this time. Continuation of presentation. Laura Blackmon asked for feedback from the Board on these various options and she said that there need to be changes in the health care costs of employees and retirees. Commissioner Foushee said that she would like to consider benefits for people that worked 20, 25, or 30 years instead of at 10 years. Commissioner Carey said that he has a hard time with re-trenching on retirement and he would like to look at other ways to save money. Laura Blackmon said that there are changes that would be made for current employees and changes that would be made for new employees. Commissioner Foushee agreed that any changes should apply to new employees. She thinks that for any information that comes back, the Board should know how it is affected by GASB 34, because there are financial implications. Commissioner Gordon agreed with not retrenching for existing employees and retirees. She would like to keep the benefits for the current employees as much as possible. She would not want to increase the distinction between the two health care plans any more than they are now, but she wants to see how this affects our employees. Mike McGinnis said that the health care needs of the employees are so different, yet the County pays the same for them all. He said that he is not looking at decreasing the value, but increasing the options available. Commissioner Nelson said that it is hard to give feedback because he needs more information from staff. He said that last year the Board discussed the general issue of the 401k. He asked staff to expound on this. Diane Shepherd said that the County contributes $715 to the fund per year for full-time employees. Most other counties pay 5% of salary to 401k. Paying a percentage of salary to 401k would help with employee retention. This has been a complaint of exiting employees. Laura Blackmon said that there are options and Commissioner Nelson said that he would like to know more about the options. Chair Jacobs said that his reaction to all of this is that this is not in context of the pay plan and the full range of benefits. He thinks that Orange County's health plan may be one of the greatest attractions to work for Orange County, so before he feels comfortable pulling things or choosing other things, he wants to put it in the overall context of the total benefits plan. He would also like to see the $4.1 million figure in the list of budget drivers. Commissioner Carey and Commissioner Gordon agreed about this not being in context. Commissioner Gordon pointed out that Orange County also has two personal leave days per year that employees can take anytime they want. Commissioner Nelson said that the last presentation that was given to the Board was given verbally and he did not retain it. These are complicated issues, and when this comes back, he would like the narrative to be woven together. Mike McGinnis said that any changes in the health plan would not take effect until January. Commissioner Gordon asked that this information about any changes be in written form and ahead of time in agenda packages. Chair Jacobs made reference to the wellness program and said that there are at least two Commissioners that want it. Laura Blackmon said that the staff will bring a program back, but it will not be in time for the budget. Chair Jacobs asked the Manager to keep reporting back to the Board.