County eliminates sliding scale in retirement benefits

The Orange County Commissioners Court voted to eliminate the sliding scale in employee retirement medical benefits and reinstate the previous employee retirement policy of paying 100% of the cost of retirees’ medical benefits for retirees who retire at age 55 with twelve years of county service through their 65th birthday, when they qualify for Medicare.

That changes the previous policy established in 2016, to set a sliding scale of the percentage of the cost of the retirees’ health care premium that the county would contribute for any current county employee effective October 1st, 2017. That sliding scale would commit the county to paying for 100% of the premium of an employee’s retirement health care policy for any current employee that retires after twenty or more years of Texas County and District Retirement System employment, 75% of the premium of an employee’s retirement health care policy for any current employees that retires with sixteen to twenty years of TCDRS employment, 50% of an employee’s health care policy for any current Orange County employee that retires with at least twelve year and not more than sixteen years of TCDRS employment, and 25% of the premium of an employee’s retirement health care benefit who retires from the county with at least eight years and not more than twelve years of TCDRS employment.

 

 

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