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HomeMy WebLinkAboutCSEA Employee Benefit Fund for Package 7 PlanAFSCME Local 1000, AFL-CIO EMPLOYEE BENEFIT FUND Mr. Scott Russell Supervisor Town of Southold PO Box 1179 Southold, NY 11971 June 21,2010 Dear Mr. Russell: Enclosed is your copy of the original contract between the Town of Southold and the CSEA Employee Benefit Fund for the Package 7 Plan. We look forward to serving our members and your employees during the term of this agreement. Sincerely, Geoff Switts Marketing Director GS: dg cc: Rachel Langert, LRS THIS RENEWAL AGREEMENT, made this,~_day of /-~a~ ,2010 , between TOWN OF SOUTHOLD (hereinafter the EMPLOYER) wi~h ofl~ces located at P.O. Box 1179, Southold, New York 11971 and the CSEA EMPLOYEE BENEFIT FUND (hereinafter the FUND), a Trust, with offices located at One Lear Set Lane, Suite One, Latham, New York 12110-2395. WHEREAS, the parties have heretofore entered into an agreement dated November 13, 1990 (the "Original Agreement"), for the provision by the FUND of certain benefits to the EMPLOYER'S covered employees, which Original Agreement was most recently extended by Renewal Agreement dated May 2, 2008 (as extended, the "Agreement"), and WHEREAS, the parties desire to continue the provision of said benefits upon the terms and conditions contained in the Agreement, except as modified hereby, NOW, THEREFORE, in consideration of the covenants and promises contained herein, the parties agree as follows: 1. The FUND shall provide benefits to the EMPLOYER'S covered employees under the following benefit PLAN(S) established by the FUND: PACKAGE 7 PLAN 2. The EMPLOYER shall pay the FUND the following amounts per covered employee per month: A. PACKAGE 7 PLAN - REDUCED RATE (i) fi:om January 1,2011 to June 30, 2011, $146.65; (ii) fi:om July 1, 2011 to June 30, 2012, $153.07; (iii) from July 1, 2012 to December 31, 2012, $157.87. 3. The rates set forth in Paragraph 2 above (collectively, the "Reduced Rate") are based on the EMPLOYER'S enrollment of and payment for at least 95.0% of the employees eligible for coverage under the applicable collective bargaining agreement (the "Required Enrollment Percentage"). In the event that the EMPLOYER ceases to enroll and pay for the Required Enrollment Percentage, the FUND shall have the fight to adjust the amount of the payments required to be made for each employee under Paragraph 2 hereof to the Full Rate set forth below. Effective in 2010, the FUND shall have the right to verify annually as of April 1 of each year of this Renewal Agreement whether the EMPLOYER is enrolling and paying for the Required Enrollment Percentage and the EMPLOYER shall cooperate with such verification, ff the FUND reasonably determines that the EMPLOYER is not satisfying the Required Enrollment Percentage, the rates shall be adjusted to the Full Rate effective as of the following July 1. A. PACKAGE 7 PLAN - FULL RATE (i) from January l, 2011 to lune 30, 2011, $152.38; (ii) from July 1,2011 to June 30, 2012, $158.50; (iii) from July 1, 2012 to December 31, 2012, $163.43. 4. This Renewal Agreement is effective az of January 1,2011 and shall terminate on December 31, 2012, subject to continuation pursuant to the terms of Article IX, Section 2 of the Agreement and subject to earlier termination by virtue of the decertification of CSEA az the representative of the employees in the bargaining unit required to be cowred under this Agreement. 5. Except az expressly modified herein, the terms and conditions of the Agreement are hereby ratified and affirmed end incorporated by reference. IN WITNESS WHEREOF, the parties have executed this Renewal Agreement the day and year first above written. CSEA EMPLOYEE I~N:EFIT FUND D~y Donoh~~ TOWN Oy STOLD 2