City Council

F. Consideration and possible action to increase the City’s contribution toward eligible employee health savings accounts. (Jacinto) Recommendation: 1) Authorize increasing the City's contribution to eligible employee health savings accounts (HSA) to $4,150 for individuals and $8,300 for family plans for the 2024 High Deductible PPO+HSA medical plan; 2) Approve Resolution No. 2023-__ increasing the City's HSA contribution for all eligible employees effective January 1, 2024 subject to meet and confer with the City's employee organizations for their respective represented employees; and 3) Approve Resolution No. 2023-__ approving, adopting, and implementing, and thereby authorizing the City Manager to sign, a First Amendment to the City's Memorandum of Understanding with the Rancho Palos Verdes Employee Association for the period July 1, 2022 through June 30, 2025, increasing the City's contribution to eligible employee health savings accounts. Agenda Report