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OPEB Recommendations New Employees. School Board Special Meeting and Work Session March 10, 2009. Input and Evaluation Process. Oct. 28 -Presented original proposal to Board Nov. 3-Dec. 3 -Employee/retiree meetings Dec. 9 -Feedback from meetings provided to Board

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opeb recommendations new employees

OPEB RecommendationsNew Employees

School Board Special Meeting and Work Session

March 10, 2009

input and evaluation process
Input and Evaluation Process
  • Oct. 28 -Presented original proposal to Board
  • Nov. 3-Dec. 3 -Employee/retiree meetings
  • Dec. 9 -Feedback from meetings provided to Board
  • Feb. 3 -Recommendation to focus on future employees, current employees and current retirees as separate groups
  • Feb. 5 -Retiree focus group
  • Feb. 6 -Board retreat
implementation phases
Implementation Phases

New Employees

  • Effective 7/1/09 for those hired on or after that date

Current Employees

  • Recommendations in near future
  • Earliest implementation 7/1/10

Current Retirees

  • Delay consideration until after Board meets

in August 2009

new employees hired on or after 7 1 09
New Employees(Hired on or after 7/1/09)

No changes recommended to original proposal

Pre-65

  • All position classifications will participate in VRS only, with health insurance credit upon retirement (minimum 15 years VRS service required)
  • Access to NNPS plans will be available (new medical plan, dental, vision) with 15 years total NNPS service and 2 years in plan
  • Will not receive contribution for insurance from NNPS Board
new employees hired on or after 7 1 091
New Employees(Hired on or after 7/1/09)

No changes recommended to original proposal

Post-65

  • Receive VRS health insurance credit if eligible – for use to purchase Medicare supplement or other individual insurance
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