Laserfiche WebLink
41 with some trade-offs. <br />42 <br />43 The following monthly cafeteria contribution rates are recommended for 2026 for full-time employees. <br />44 Rates are prorated for those employees working less than full-time. Employees who do not complete the <br />45 city's annual wellness requirements receive $40 less per month. <br />46 <br />HRA Passport HRA - ACO Plan HSA - ACO Plan <br />TierHSA Passport Plan <br />Plan(NEW)(NEW) <br />202520262025202620262026 <br />Single$845.82$930.11$822.74$849.72$860.44$753.76 <br />Single +1$1091.00$1145.55$1179.64$1280.62$1280.62$1193.75 <br />Family$1490.35$1655.43$1536.60$1655.43$1595.00$1534.50 <br />Opt Out$510$510$510$510$510$510 <br />47 <br />48 Dental Insurance <br />49 The city is self-insured for dental insurance. The dental claims paid were running in-line with premiums. <br />50 Thus, there will be no increase in premium costs for staff in 2026. <br />51 <br />52 Policy Objectives <br />53 Approving the 2026 cafeteria contribution rates supports the City’s strategic plan goal of attracting and <br />54 retaining a diverse and innovative workforce. By maintaining competitive and equitable benefit options, <br />55 the City demonstrates its commitment to being an employer of choice, aligning compensation and <br />56 benefits with the mission, vision, and values of the strategic plan while ensuring employees feel valued <br />57 and supported. <br />58 <br />59 Equity Impact Summary <br />60 By maintaining a range of plan options with tiered coverage levels, the City helps ensure that employees <br />61 can select benefits that best meet their household needs. Supporting affordable, comprehensive benefits <br />62 contributes to workforce stability and inclusivity, reinforcing the City’s commitment to equity in attracting <br />63 and retaining a diverse employee base. <br />64 <br />65 Budget Implications <br />66 The proposed cafeteria plan amounts presented above is within the 5% budget increase that has been <br />67 included in the 2026 City Manager recommended budget. <br />68 <br />69 Staff Recommendations <br />70 Approve the 2026 city employer cafeteria contributions as described in this report. <br />71 <br />72 Requested Council Action <br />73 Approve the 2026 city employer cafeteria contributions as described in this report. <br />74 <br />75 <br />Rebecca Olson, Assistant City Manager <br />Prepared by: <br />None <br />Attachments: <br />76 <br />Page 2 of 2 <br />Qbhf!336!pg!354 <br /> <br />