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If two City employees are married, at least one of the two employees must maintain <br />insurance coverage, The amount of money that can be redesignated by the employee waiving <br />coverage is limited to the value of the "employee -only" level within each type of insurance. <br />In the event the City experiences an adverse impact in rates due to utilization of the <br />redesignation option, the City and PMA agree to meet and confer over the impact. <br />12.7 Medical Retirement Subsidy Plan. The City provides the "Vantage Care" Retirement Health <br />Savings Plan ("RHS"), which designated ICMA-RC as the administrator of the plan. <br />A. The City shall contribute two and three-quarter percent (2.75%) of base salary, plus <br />pay additives. Effective July 1, 2019, the City shall contribute four (4%) percent of <br />base salary, plus pay additives each pay period into the individual accounts of <br />Association members established with the City's plan administrator ICMA-RC. <br />Employees covered by this MOU shall continue to contribute one half of one <br />percent (.50%) of base salary, plus pay additives, each pay period into their <br />individual RHS accounts established with plan administrator ICMA-RC. <br />2. In addition to the contributions referenced above, an Association member <br />may contribute unused sick leave, vacation, and other benefits to the trust as <br />defined by the plan guidelines. <br />3. The program is not intended to create any form of lifetime insurance subsidy, <br />benefit or entitlement. <br />12.8 Vision Insurance. The City shall maintain in effect its existing vision care plan through <br />EyeMed, for employees covered by this MOU. This plan is voluntary on behalf of the <br />employee and shall be fully funded by the participating employee. <br />37 <br />55A-47 <br />