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In the event any such employee is determined to be ineligible for said insurance coverage, the <br />City will attempt to provide as much coverage as may be obtained at reasonable cost without <br />having to provide evidence of insurability. <br />12.5 The City shall retain the right to change health, dental and life insurance carriers, administer <br />the insurance benefits provided thereunder, and select and/or change any excess or <br />supplemental insurance carriers as a part of any self - insurance plan during the term of this <br />Agreement, provided that employees covered by this Agreement continue to receive <br />equivalent benefits and provided that the parties have met and conferred before the changes <br />have been made. <br />12.6 Option to Redesignate Certain Contributions. Affected employees shall have the option of <br />redesignating coverage under any City- sponsored group, medical, dental, long -term <br />disability, or life insurance plan. Effective January 1, 2006, the amolmt allowed for <br />redesignation of dental coverage is equal to the amount of City contribution (i.e. $90 /month <br />in 2006, $100 /month in 2007, and $110 /month in 2008). The amount allowed for <br />redesignation of medical coverage is equal to the amount of City contribution toward medical <br />premiums for either the "employee- only" or "family" tier, respectively, during the term of the <br />Agreement. The amount allowed for redesignation of long -term disability or life coverage, <br />respectively, is equal to the amount actually paid by the City on behalf of the employee. The <br />amounts referenced above may be applied to the options within the cafeteria plan. <br />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. Effective November 28, 2011, the City adopted a <br />resolution, authorizing implementation of the "Vantage Care" Retirement Health Savings <br />Plan ( "RHS), which designated ICMA -RC as the administrator of the plan. <br />A. Effective July 1, 2012 the City began contributing one and one - quarter percent <br />(1.25 %) of base salary, plus pay additives each paati ep riod in the individual accounts <br />of PMA members established with plan administrator ICMA -RC. <br />Effective the first pay period following council approval of this Agreement, the City <br />contribution shall be increased by one -half percent (.5 %) for a total of one and three - <br />quarter percent (1.75 %) of base salary, plus pay additives each pay period in the <br />individual accounts of PMA members established with plan administrator ICMA -RC. <br />35 <br />