County Commission rescinds change to early retiree insurance payments [The Garden City Telegram, Kan.]
Garden City Telegram, The (KS)
Nov. 10—Finney County Commission approved a resolution of a draft review of the county's Early Retirement program at a special session on Monday.
In essence, the resolution rescinds the motion that was made at the Sept. 20 meeting in regards to insurance contributions through the county's health insurance program.
At the Sept. 20 meeting, the Commission approved increasing the retiree contribution to 50% of the full health insurance premium in 2022 with a 5% increase annually up to a maximum of 75% until they reach 65 years of age.
This change will remain in effect for those retiring after, subject to Oct. 1 but before Jan. 1, 2022.
The resolution rescinded the change for current early retirees, so they will maintain the policy that was established prior to Sept. 20. That policy states that retirees will pay the same premium that current county employees, who are on the family plan, pay.
In other business, Stephanie Shockley was sworn in as the new Register of Deeds.
___
(c)2021 The Garden City Telegram (Garden City, Kan.)
Visit The Garden City Telegram (Garden City, Kan.) at www.gctelegram.com
Mitsubishi Drivers with the Road Assist+ App Now Have an Opportunity for Insurance Discounts at Point of Quote Thanks to LexisNexis Telematics OnDemand
Mark Farrah Associates Presents Private-Sector Health Insurance Benefits Data in its 5500 Employer Health Plus
Advisor News
- Global economy ‘resilient’ in the wake of massive disruption
- Cryptocurrency legislation takes one step forward with bipartisan support
- IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
- The hidden flaw in insurance AI adoption for advisors and carriers
- Rising healthcare costs impact 401(k) accounts
More Advisor NewsAnnuity News
- MetLife Expands Guaranteed Retirement Income Offering with Innovative Flexible Annuity Option
- How annuities can help protect retirees from financial scams
- MetLife Inc. (NYSE: MET) Climbs to New 52-Week High
- The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
- AuguStar Retirement launches StarStream Variable Annuity
More Annuity NewsHealth/Employee Benefits News
- Virginia program cuts costs of health insurance under Obamacare
- Retirement, health insurance costs to put pressure on future Baker City budgets
- The United States may be the best place to build universal health care (Opinion)
- PacificSource cuts 97 Oregon jobs amid retreat from health insurance markets
- UPDATED: Hecklers disrupt Hinson rally as Iowa U.S. Senate candidate touts stock trading ban
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Halyk-Life, JSC
- AM Best Affirms Credit Ratings of Symetra Financial Corporation and Its Subsidiaries
- AM Best Assigns Credit Ratings to Park Avenue Life Insurance Company
- Nationwide reaches reinsurance agreement with MassMutual on UL policy block
- Best’s Market Segment Report: AM Best Maintains Outlook on Philippines’ Non-Life Insurance Segment at Stable
More Life Insurance News