[Amended 6-9-2009]
Retirement benefits are provided by the Town
for all eligible full-time employees and part-time employees working
more than 25 hours per week or as otherwise provided for in the Town's
plan.
A. Eligibility. The retirement program shall cover all
appointed nonelected employees of the Town, excluding those of the
Board of Education, who have completed a minimum of 20 or more years
of service as employees of the Town and who have attained 59 1/2
years of age by the date of their last day of employment with the
Town.
B. Medical insurance (including hospitalization, medical
and dental).
(1)
Employees, upon retirement, may elect to continue
individual coverage as provided for in this manual under a subgroup
established by the Town. The Town of Tolland will contribute towards
the cost of an eligible retired employee’s coverage for certain
designated periods in accordance with Table I. In addition, prior
to age 65 and/or Medicare enrollment, if the individual coverage is
a Tolland high-deductible health plan (HDHP), the Town will give that
retiree annually an amount equal to 75% of the medical plan deductible.
The amount will be deposited pretax into each retiree’s Health
Savings Account (HSA) and split into two contributions twice a year,
one in July and one in January. If a retiree under age 65 opts out
of Tolland individual HDHP coverage, then he/she will be given the
cash equivalent of the premium and seventy-five-percent deductible
contribution in accordance with Table I, provided the alternative
coverage is not through the Town of Tolland or Tolland Public Schools.
TABLE I
For Employees Aged 59 1/2 Having
Served the Following Years of Service
|
---|
Years of Service
|
Percentage of Single Health Insurance
Coverage
|
---|
20
|
50%
|
21
|
55%
|
22
|
60%
|
23
|
65%
|
24
|
70%
|
25
|
75%
|
26
|
80%
|
27
|
85%
|
28
|
90%
|
29
|
95%
|
30 or more
|
100%
|
(2)
The Town's contribution toward individual medical
insurance costs will be paid for a period not to exceed 5 1/2
years. If the retiree is 59 1/2 or older at the time of retirement,
the Town will contribute the appropriate percentage, as outlined in
Table I, towards the cost of the retiree's medical insurance benefits
under the Town plan, and such plan may be modified from time to time
in the Town's sole discretion. After a retiree turns 65 years of age,
the Town will contribute the appropriate percentage towards the cost
of the retiree's supplemental "Medigap" insurance. See Table II. After
the conclusion of the five-and-one-half-year contribution period,
the retiree may continue applicable coverage at his/her own expense.
TABLE II
Schedule of Benefits for Retirees Age
59 1/2
Who Meet Years of Service Requirement
Set Forth in Table I
|
---|
Retiree Age
|
Benefit Type
|
---|
59 1/2
|
5 1/2 years single primary coverage
|
60 1/2
|
4 1/2 years single primary coverage; 1
year medigap coverage
|
61 1/2
|
3 1/2 years single primary coverage; 2
years medigap coverage
|
62 1/2
|
2 1/2 years single primary coverage; 3
years medigap coverage
|
63 1/2
|
1 1/2 years single primary coverage; 4
years medigap coverage
|
64 1/2
|
1/2 year single primary coverage; 5 years medigap
coverage
|
65 1/2+
|
5 1/2 years medigap coverage
|
C. Life insurance. Group life insurance coverage, upon
retirement, will equal 50% of the face amount of the policy in existence
during the year prior to retirement. Insurance will be continued to
the age of 70 at Town expense.
D. The Town shall provide a qualified 401(a) defined contribution plan
for all part-time and full-time employees. The Town shall provide
an employer contribution in the amount of 6.0% of an employee's base
earnings, as defined by the plan document, excluding overtime, in
accordance with its plan document. The employee shall contribute 2.5%
of his/her base earnings, as defined by the plan document, excluding
overtime.
[Amended 6-14-2016]
At the Town's determination, employees may be
required to wear uniforms, protective gear or other types of special
clothing; however, the Town will provide the uniform, protective gear,
special clothing or a clothing allowance for those employees whose
work requires that special clothing be worn. The Town reserves the
right to determine what uniforms are to be worn, who will wear uniforms,
what protective gear is required and how such gear will be worn or
used.
If an employee, in the performance of his or
her duties, must travel, the employee will be reimbursed for transportation,
meals, lodging and incidental expenses if such travel is authorized
in advance by the department head and approved by the Town Manager.
The rate of reimbursement shall be determined by the Town Council
upon recommendation of the Town Manager. Employees shall submit their
compensation claims to the finance office monthly.