2013 Employee Benefits Guidebook - Administration Home

2013 Employee Benefit Guidebook
Updated August 2013
benefit at the time of retirement, the benefit is forfeited for the retiree and dependents of the
retiree.
If the retiring employee is married to another El Paso County employee, the retiring employee
may elect to be covered under the active married employee.
Contribution Schedule: The cost for continuation of health benefits for retirees and dependents
of retirees will be subject to the premium rate for the benefit plan(s) elected; however, the county
may provide a medical plan retirement subsidy depending upon the number of years of creditable
service the retiree had at the time of retirement. If the premium rate of the medical plan selected
is less than the provided subsidy, no subsidy reimbursement to the retiree will occur. If the
premium rate of the medical plan selected is more than the provided subsidy, the balance due
will be deducted from the retiree’s benefit payment
If the premium rate of the medical or dental plan exceeds the retiree benefit payment, the retiree
is responsible to make payment for the health benefits directly to the Retirement Plan office by
the 1 st day of each month. Non-Payment of Health Premiums: In the event of late or nonpayment
of health premiums, coverage will be terminated retroactively to the last day coverage
was paid in full. You will be given 30 days notice except in cases of fraud or intentional
misrepresentation. Health benefits will not be reinstated if payment has not been received in
full by the end of the 30-day grace period.
The Health Plan Trust Board will determine the subsidy amount. The retiree subsidy rate may be
re-evaluated and may be adjusted each year with increases to the retiree subsidy, which will be
based on contributions for active employees.
RETIREE DENTAL AND VISION PLAN
Retirees who meet the eligibility requirements of the medical plan are also eligible for
continuation of dental and vision coverage if enrolled at the time of retirement. The rate for
dental and vision coverage will be based on the actual cost of plans.
BOARD OF RETIREMENT: The Board of Retirement consists of seven members. Two are
elected by the participants. Two are appointed by the BOCC. One is the County Treasurer who is
mandated by State Statute to be on the Board and two associate members, employees appointed
by the second and third largest employers.
The Board makes all decisions pertaining to the Plan (COLAS, benefit factor, investment
managers, etc.)
WEB SITE ADDRESS- www.epcretirement.org:
A Web Site has been established to provide more current and detailed information. Information
provided:
Benefit Calculator (Calculate your own benefit)
Investment Performance
Financial Statements
Actuarial Report