Requested Information
Please provide any and all consulting and / or actuary reports that supports post retirement medical benefits and retirement benefits are cost effective to support the current post retirement benefit structure. Specifically, how an employee may leave the school system and have to decide to delay the collection of a pension or to forgo the medical benefits at the time they leave the school system. This seems like the employee is forced to take the medical benefits in order to delay the pension withdrawals.
Please provide the specific clause in the benefit plan documents (not the entire documents) that state one benefit is linked to the other.
Please provide the data in the attached schedules (in this format) as it relates to medical plans. If there is not a trust that holds the plan assets as it relates to the medical plans, please provide the information as it relates to the assets that are to pay plan benefits. If the assets to pay the plan benefits are not in a trust, provide any and all information as it relates to how the assets are kept to only pay for medical benefits. Please provide the account structure that allows for these assets to be kept separate than for general usage, if not held in a trust.
Medical Benefit Schedule:
Retired Employees
Year (June to June) 2015 2016 2017 2018 2019
(1) Beginning Trust Balance (1)
(2) Employee Contributions
(3) Employer Contributions
(4) Subtotal (1+2+3)
(5) Investment Gains (Losses)
(6) Medical Benefits Payments
(7) Other Activities (Refunds)
(8) Ending Balance (4+5+6+7)
Medical Benefit Schedule:
Active Employees
Year (June to June) 2015 2016 2017 2018 2019
(1) Beginning Trust Balance (1)
(2) Employee Contributions
(3) Employer Contributions
(4) Subtotal (1+2+3)
(5) Investment Gains (Losses)
(6) Medical Benefits Payments
(7) Other Activities (Refunds)
(8) Ending Balance (4+5+6+7)
Please provide the specific clause in the benefit plan documents (not the entire documents) that state one benefit is linked to the other.
Please provide the data in the attached schedules (in this format) as it relates to medical plans. If there is not a trust that holds the plan assets as it relates to the medical plans, please provide the information as it relates to the assets that are to pay plan benefits. If the assets to pay the plan benefits are not in a trust, provide any and all information as it relates to how the assets are kept to only pay for medical benefits. Please provide the account structure that allows for these assets to be kept separate than for general usage, if not held in a trust.
Medical Benefit Schedule:
Retired Employees
Year (June to June) 2015 2016 2017 2018 2019
(1) Beginning Trust Balance (1)
(2) Employee Contributions
(3) Employer Contributions
(4) Subtotal (1+2+3)
(5) Investment Gains (Losses)
(6) Medical Benefits Payments
(7) Other Activities (Refunds)
(8) Ending Balance (4+5+6+7)
Medical Benefit Schedule:
Active Employees
Year (June to June) 2015 2016 2017 2018 2019
(1) Beginning Trust Balance (1)
(2) Employee Contributions
(3) Employer Contributions
(4) Subtotal (1+2+3)
(5) Investment Gains (Losses)
(6) Medical Benefits Payments
(7) Other Activities (Refunds)
(8) Ending Balance (4+5+6+7)
Date Received
Status
Complete
Responsive Documents
Specifically, page 4 under Eligible Retiree addresses the link between the Maryland State Retirement Pension System and health benefits for HCPSS retirees. Additionally, page 20 under Opt-out/Opt-in Provision addresses the option for an HCPSS retiree to defer health benefits.
This record contains the most recent data available related to benefit schedules and contribution data for assets held in trust.