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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 continue to contribute one and three - quarter percent (1.75 %) of base <br />salary, plus pay additives each pay period into the individual accounts of Association <br />members established with 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 ICTMA -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 />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 vollntary on behalf of the <br />employee and shall be fully funded by the participating employee. <br />36 <br />