City Council

C. Consider increasing the City’s contribution toward eligible employee Health Savings Accounts (HSA) to align with new IRS contribution limits effective January 1, 2027. (Godinez) Recommendation: 1) Authorize increasing the City’s contribution to eligible full-time and part-time employee Health Savings Accounts (HSA) from $4,400 to $4,500 for individuals and from $8,750 to $9,000 for family plans under the High-Deductible PPO+HSA medical plan to align with new IRS 2027 HSA contribution limits effective January 1, 2027; 2) Approve Resolution No. 2026- __ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, CALIFORNIA, INCREASING THE CITY’S HEALTH SAVINGS ACCOUNT TO THE CITY’S HIGH-DEDUCTIBLE PPO MEDICAL PLAN WITH HSA TO THE IRS ALLOWED LIMITS OF $4,500 FOR EMPLOYEE-ONLY COVERAGE AND $9,000 FOR FAMILY COVERAGE FOR ALL ELIGIBLE FULL-TIME AND PART-TIME EMPLOYEES EFFECTIVE JANUARY 1, 2027; and, 3) Approve Resolution No. 2026-__ 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 SECOND 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 2027. Agenda Report