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OPEN ENROLLMENT & BENEFITS REFERENCE GUIDE
Information on Retiree Rates for Vested Term
participants, who retire on or after July 1, 2014
A vested term participant is a former employee who is eligible for a future retirement benefit. The information on this page applies
to vested term participants only.
Bill 85-13 was passed by the County Council on January 6, 2014 and signed into law by the County Executive on January 15,
2014. The legislation provides, in part, that a former employee who was hired before January 1, 2014 and is eligible for a future
retirement benefit may be eligible for employer subsidized retiree medical insurance. For those former vested employees who retire
on or after July 1, 2014, the employer subsidy is tied to the former employee’s years of credited service in the pension plan. The table
below illustrates the years of credited service and the applicable percentage of the employer subsidy.
At least 5 years but less than 10 years
30%
At least 10 years but less than 15 years
40%
At least 15 years but less than 20 years
50%
At least 20 years but less than 25 years
70%
At least 25 years but less than 30 years
75%
Robert Brewer, Island 2 Island Half Marathon
Maria Ramallosa, Night Nation Run