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HomeMy WebLinkAboutStaff Report 4.A 04/06/2015AGENDA ITEM ## 4.A. 2AL U.Lt aw0'� X85$ DATE: April 6, 2015 TO: Honorable Mayor and Members of the City Councilgh the City Manager FROM: Dianne Dinsmore, Director of Human Resources )T SUBJECT: Resolution Requesting Authority from the California Public Empoyees' Retirement System to Conduct a Medicare Division Election in Accordance with the Requirements of Section 218(d) of the Social Security Act, and Applicable State and Federal Laws and Regulations to Determine which Employees Hired on or before March 31, 1986, Desire to Contribute to the Medicare System RECOMMENDATION It is recommended that the City Council adopt a Resolution Requesting Authority from the California Public Empoyees' Retirement System (Ca1PERS) to Conduct a Medicare Division Election in Accordance with the Requirements of Section 218(d) of the Social Security Act, and Applicable State and Federal Laws and Regulations to Determine which Employees Hired on or before March 31, 1986, Desire to Contribute to the Medicare System. BACKGROUND Public Law 99-272, the Consolidated Omnibus Budget Reconciliation Act of 1985, mandated the component Medicare coverage under the Social Security system to all State and local government employees hired on or after April 1, 1986. Employees hired prior to the mandate are exempt from Medicare coverage if they have been in continuous employment with the same State or local government employer since March 31, 1986, and are members of a public retirement system. All City of Petaluma employees hired on or after April 1, 1986, are covered by Medicare. Eight employees hired prior to April 1, 1986 and continuously employed by the City since that time are not covered by Medicare through the City. Some of these employees wish to elect Medicare coverage. This Resolution initiates the process to enable these employees to `opt in' to Medicare. Under Section 218 of the Social Security Act, employers may voluntarily enter into an agreement with the State to initiate Medicare -Only coverage to such employees choosing coverage through an election process. The California Public Employees Retirement System (CalPERS) is the designated State Administrator for Section 218 Agreements. City employees hired on or after April 1, 1986, are contributing to the Medicare program through a payroll tax of 1.45% of wages with a required matching City cost of 1.45% of payroll, for a total of 2.9%. There are eight employees hired before April 1, 1986, who have not been contributing to Medicare retirement benefits. These employees have expressed interest in participating in Medicare so that they may earn the credits necessary to qualify for Medicare benefits at retirement. To initiate State requirements to permit employee -elected Medicare -covered employment, a resolution must be adopted by the Council to request authorization of CalPERS to conduct a "Division" (the election process to establish employees to be included or excluded from Medicare -Only coverage) among eligible members of the retirement plan. The Division will be conducted for the eight employees who are not currently under Medicare -covered employment with the City. A division may be conducted on a one-time only basis and employee -elected Medicare -only coverage is irrevocable. Under this divided vote referendum, only those employees who vote "yes" will be covered. An employee must contribute to Medicare for a total of 40 quarters (10 years) in order to receive full Medicare benefits at retirement, and for 20 quarters (5 years) to receive partial benefits. Under current regulations, Medicare coverage for this group can be effective prospectively or retroactively with an effective date equal to up to five years prior to the federal government approval. If retroactivity is elected, the employee pays his/her 1.45% share retroactively in a lump sum, as does the City. Prospectively, the 1.45/1.45% payroll tax is applied to those employees who opted in, as it has been for all employees hired on or after April 1, 1986. The employees in question have requested that the City agree to the five year retroactive option. This resolution establishes April 6, 2010 as the effective date to implement Medicare -covered employment for those employees who elect the coverage. Note, this is not the effective date of Medicare eligibility. Upon filing the resolution with CalPERS and subsequent authorization furnished by CalPERS to conduct a Division, the eight eligible employees will be provided a Notice of Division and a Statement of Information disclosing the election process, employee rights and benefits which will accrue to them, and the liabilities to which they will be subject, if their services are to be covered under Medicare -Only coverage. Within 90 days of issuing employee information, the eight employees will be provided an election form to decide on an irrevocable basis whether or not they personally wish to be included or excluded under Medicare -Only covered employment. Following the election, the City will submit a certified list to CalPERS of those employees who elected to be covered under Medicare. CalPERS in turn makes certification to the Governor that the Division was conducted in accordance with requirements of Section 218 of the Social Security Act. The City will be provided with a resolution and a Medicare -Only Application- Agreement for execution with the State providing authorization of the State to request inclusion of the City in the master Social Security Agreement with the federal government. The State will then notify the City when the federal government approves the request for Medicare -Only coverage, at which time the City will be directed to deposit all Medicare taxes directly with the Internal Revenue Service retroactive to April 6, 2010. Employee election information will disclose that, if electing coverage, a lump sum payroll tax of 1.45% of wages will be charged on all wages retroactive to April 6, 2010 (alternatively, an employee may pay the City the lump sum amount rather than having it charged to one paycheck) and a payroll tax of 1.45% of wages will be charged going forward each pay period, subject to legislative tax rate changes by the federal government. It is estimated that fmal federal approval for Medicare -Only coverge will take between twelve and eighteen months based on estimates provided by CalPERS. FINANCIAL IMPACTS The cost to the City in FY 2015/16 for the five year retroactive 1.45% employer contribution is estimated between $8,500 and $12,500, depending on how many employees elect to opt in. The City would have paid this amount for these employees had been covered by Medicare. Had they been covered by Medicare since 1986, the City would have paid approximately $250,000 — $360,000 to date. The ongoing cost to include these employees in Medicare is estimated between $1,700 - $2,500 annually at current compensation rates. ATTACHMENTS 1. Resolution Resolution No. 2015 -XXX N.C.S. of the City of Petaluma, California Resolution Requesting Authority from the California Public Empoyees' Retirement System (CALPERS) to Conduct a Medicare Division Election in Accordance with the Requirements of Section 218(d) of the Social Security Act, and Applicable State and Federal Laws and Regulations to Determine which Employees Hired on or before March 31, 1986, Desire to Contribute to the Medicare System WHEREAS, City of Petaluma (Official Name of Public Agency) hereinafter designated as "Public Agency", desires to establish a "deemed" retirement system pursuant to Section 218(d)(6) of the Federal Social Security Act composed of positions of members of the California Public Employees Retirement System (Retirement System) Retirement System, hereinafter designated "Present Retirement System", desiring "Medicare -Only" coverage, and to include services performed by individuals employed by the Public Agency in positions covered by said "deemed" retirement system, as members of a coverage group established by Section 218(d)(4) of said Act, in the California State Social Security Agreement of March 9, 1951, providing for the coverage of public employees under the insurance system established by said Act as amended; and WHEREAS, State and Federal law and regulations require, as a condition of such coverage, that a division be authorized by the Board of Administration, California Public Employees' Retirement System; and WHEREAS, it is necessary that the "Public Agency" now designate any services which it desires to exclude from coverage with respect to such coverage group under said insurance system; and 0 WHEREAS, it is necessary for the Public Agency to set forth the modification, if any, of the benefits and contributions under the Present Retirement System that may result from coverage under the said insurance system with respect to such coverage group; NOW, THEREFORE, BE IT RESOLVED, that the Board of Administration, California Public Employees' Retirement System, be and hereby is requested to authorize the foregoing division; and BE IT FURTHER RESOLVED, that upon receipt of authorization from the Board of Administration a division shall be conducted in accordance with the requirements of Section 218(d) of the Social Security Act, and applicable State and Federal laws and regulations; that each eligible member of the Present Retirement System at the time of the division shall be furnished a form to permit the member to elect whether or not his services should be excluded from or included under the said California State Social Security Agreement as hereinbefore provided; with such "Medicare -Only" coverage effective as to services performed on and after ADHI 6, 2010 ; and BE IT FURTHER RESOLVED, that the following services with respect to said coverage group of the Public Agency shall be excluded from coverage under said agreement: 1. All services excluded from coverage under the agreement by Section 218 of the Social Security Act; and 2. Services excluded by option of the Public Agency: a. No optional exclusions desired. b. Service performed: BE IT FURTHER RESOLVED, that with respect to the said coverage group the benefits and contributions of the Present Retirement System shall not be modified in any way; and 5 BE IT FURTHER RESOLVED, that notice of the division shall be given to members of the Present System not less than ninety days prior to the date of the division; provided however, that notice shall be given to employees becoming members of the Present Retirement System after the date of such notice up to and including the date of the division on the date on which they attain membership in the system, and that City Manager, John Brown (Name and Title of Local Official) is hereby designated and appointed to conduct such division on behalf of the Public Agency in accordance with law, regulations, and this resolution, including the fixing of the date and the giving of proper notice thereof to members of the Present Retirement System and to all such eligible employees; and BE IT FURTHER RESOLVED, that the Public Agency will pay and reimburse the State at such time and in such amounts as may be determined by the State the approximate cost of any and all work and services relating to such division. Presiding Officer Official Name of Public Agency 131 Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by Approved as to the Council of the City of Petaluma at a Regular meeting on the 6" day of form: April, 2015, by the following vote: AYES: NOES: ABSENT: ABSTAIN: ATTEST: City Clerk Mayor City Attorney