Tentative Agreement on new contract protects health and retirement benefits, while putting a little more money in employees’ paychecks.
SEIU 721’s Bargaining Policy Committee has reached a Tentative Agreement on a new one-year Fringe Benefits Agreement that protects pensions, covers HMO health care premium increases, and puts a little more money in most employees’ pockets.
Options Health Benefits Plan
In response to SEIU 721’s initial bargaining proposal, the County will increase its contribution by 7.2% – more than enough to fully cover the Kaiser and United Healthcare HMO premium increases, which means more money in paychecks (see chart below).
The 7.2% County contribution increase is not enough to fully offset the PPO, POS or CIGNA HMO 2013 premium increases, which will be double-digit; however, CIGNA HMO participants will have an opportunity during open enrollment to switch to United Healthcare HMO which has the same network of physicians and a better benefit design, with savings to members of up to $64 per month.
• There will be NO CHANGES to retirement benefits.
• The monthly dollar-for-dollar County matching contribution to the Horizons Deferred Compensation plan will remain at the 4% level for the term of the Agreement.
• SEIU Local 721 members will participate in a committee to explore ways to reduce the costs of retiree medical benefits.
: A comprehensive Tentative Agreement Summary will be mailed to all SEIU 721 members along with a ratification ballot at the end of the month.
For more information about the Tentative Agreement, join us at the
Contract Campaign Meeting
Saturday, July 14, 9:00 am
Holman United Methodist Church, 3320 W Adams Blvd, Los Angeles
(between Arlington and Crenshaw).
Parking, child care, and continental breakfast provided.
Directions and RSVP here.
Categories: Los Angeles County