Coalition Accomplishments

• Health Benefits Agreement with built-in cost of living increases
• Established a Medical Insurance Trust for Retirement
• Collaboration with City to avoid layoffs
• Collaborated with the City in the implementation of a flexible 125-plan to permit employees to set aside pretax earnings to pay for out of pocket medical costs
• Enhancement to PERS Retirement formula to 2% at 55 (from 2% at 60)
• Revised evaluation forms
• Enhanced PERS Death Benefits
• Renegotiated the umbrella agreement between the Coalition and the City for its continuing monthly contributions to the medical insurance trust and for the composite cap for health insurance premium costs that will address the needs of the employees.
• Enhancement of PERS Retirement formula to 2.7% @ 55 (this is the second enhancement under the coalition. Initially was at 2% at 60 than secured enhancement to 2% at 55 four years ago).
• Renewed three year Medical Insurance Umbrella Agreement (FY 2007-8 to FY 2009-10)