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2012 CAFR
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2012 CAFR
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CITY OF ROSEVILLE <br />NOTES TO FINANCIAL STATEMENTS <br />DECEMBER 31, 2012 <br />NOTE 6 —OTHER POST - EMPLOYMENT BENEFITS (Continued) <br />B. Benefits Provided (Continued) <br />Disabled police and firefighter <br />The City continues to pay the employer's contribution toward health coverage for Police or Firefighters <br />disabled in the line of duty per Minnesota Statute 299A.465, until age 65. Dependent coverage is <br />included, if the dependents were covered at the time of the disability. The January 1, 2012 to December <br />31, 2012 monthly premiums paid for Police or Firefighters disabled in the line of duty are: <br />Plan Single Two Person Family <br />Health Partners Choice $ 585 $ 695 $ 901 <br />Health Partners National One $ 696 $ 796 $ 977 <br />Heath Partners Empower High Deductible $ 697 $ 798 $ 980 <br />C. Participants <br />As of the actuarial valuation dated January 1, 2011, participants consisted of: <br />Retirees and beneficiaries currently <br />purchasing health insurance through the City 17 <br />Disabled police and firefighters 1 <br />Active Employees 155 <br />Total 173 <br />D. Funding Policy <br />The additional cost of using a blended rate for actives and retirees is currently funded on a pay -as- you -go <br />basis. The City Council may change the funding policy at any time. <br />73 <br />
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