City Council

J. Consider increasing the City’s contribution toward eligible employee health savings accounts (HSA) to align with new IRS HSA contribution limits effective January 1, 2026. (Godinez) Recommendation: 1) Authorize increasing the City’s contribution to full-time employee health savings accounts (HSA) to $4,400 for individuals and $8,750 for family plans under the High-Deductible PPO+HSA medical plan to align with new IRS 2026 HSA contribution limits effective January 1, 2026; 2) Approve Resolution No. 2025-__ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, CALIFORNIA, INCREASING THE CITY’S HEALTH SAVINGS ACCOUNT CONTRIBUTION FOR ALL ELIGIBLE FULL-TIME EMPLOYEES EFFECTIVE JANUARY 1, 2026; and, 3) Approve Resolution No. 2025-__ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, CALIFORNIA, 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 EMPLOYEES’ ASSOCIATION FOR THE PERIOD JULY 1, 2025 THROUGH JUNE 30, 2028, INCREASING THE CITY’S CONTRIBUTION TO ELIGIBLE EMPLOYEE HEALTH SAVINGS ACCOUNTS IN 2026. Agenda Report