(a)
Findings and purpose.
(1)
The city desires to provide health benefits coverage to its retirees.
(2)
The Texas Municipal League Group Benefits Risk Pool is a health risk
pool established pursuant to Texas Local Government Code chapter 172,
Texas Government Code chapter 791, and the Texas Trust Code to provide
health benefits coverage for employees and retirees and dependants
of employees and retirees of Texas political subdivisions under an
interlocal agreement.
(3)
The city is currently offering health benefits coverage through the
Texas Municipal League Group Benefits Risk Pool pursuant to interlocal
agreement and chapter 172 of the Texas Local Government Code, both
of which would allow the extension of benefits to retirees of the
city.
(4)
The city desires to provide health benefits coverage to its retirees
through the Texas Municipal League Group Benefits Risk Pool and that
the cost for such coverage be paid for by the individual retiree,
and that such payments be collected and administered by the Texas
Municipal League Group Benefits Risk Pool.
(5)
The city desires to select a plan of benefits for its retirees to
be provided by the Texas Municipal League Group Benefits Risk Pool.
(6)
Providing retiree coverage under the Texas Municipal League Group
Benefits Risk Pool interlocal agreement is in the best interest of
the city, its retirees, and the public generally.
(b)
Election to provide coverage.
The city hereby elects
to provide health benefits coverage to its retirees through the Texas
Municipal League [Group] Benefits Risk Pool under the pool’s
interlocal agreement.
(c)
Definition of retiree.
The city hereby adopts the following
definition of “retiree” for purposes of this section:
A person who has attained the age of 65 years.
(d)
Benefit plan.
The city hereby adopts the Monumental
Plan with Rx as the benefit plan to be made available to its retirees
through the Texas Municipal League Group Benefits Risk Pool.
(e)
Applicability; enrollment for coverage.
This section
will only apply to individuals retiring after its effective date or
to employees which retired under a previous ordinance. For individuals
retiring after the effective date of this section to qualify, they
must enroll for this coverage within thirty (30) days of their retirement.
(f)
Repeal or modification.
This section may be repealed
or modified at any time, but will remain in effect for any employee
retiring while it is in effect.
(Ordinance 980810 adopted 8/10/1998)
