§ 3.87.010. Program established; purpose.

A.

This chapter establishes the retiree medical funding program for police officers and firefighters (the program). The purpose of the program is to provide those retirees receiving retirement benefits under the police and fire retirement system and who qualify as members of the program with a health reimbursement arrangement (HRA) to cover the eligible medical expenses of the members, their spouses and eligible dependents. Members may participate in the then current active municipal police or fire health insurance plan, subject to the terms and conditions of that plan.

B.

Contributions to the program by the Municipality of Anchorage: The municipality's responsibilities under this funding program are limited to the following: the initial pre-funding contribution and the monthly contributions to the funding program under section 3.87.060A, and the annual payment to the Trust of an amount equivalent to the salary and benefits of a Non-Rep 15 level municipal employee to serve as staff administrator to the Board of Trustees as provided in section 3.87.030D. Additionally, the municipality will allow members to participate in the then current active municipal police or fire health insurance plan subject to the terms and conditions of the insurance contract. In the event of termination of the funding program by the assembly, the municipality will be responsible for expenses incurred in accomplishing such termination from an administrative perspective. The municipality has no other obligations to the funding program.

(AO No. 94-222(S-1), § 1, 12-28-94; AO No. 2003-141, § 1, 10-21-03; AO No. 2005-153, § 1, 11-8-05; AO No. 2015-29, § 3, 4-14-15 )