Health/Vision, and Dental
Coverage
The City offers six (6) Health plans, one
(1) Vision plan and three (3) Dental
plans. Vision coverage is provided
through Vision Service Plan (VSP) and
is automatically included with all health
plan selections. Vision coverage is only
available upon enrolling in a health plan.
Life Insurance Coverage
A basic amount of Life Insurance equal
to twice the annual salary, rounded to
the next higher multiple of $1,000 is
provided, up to a maximum amount of
$700,000. The City pays 100% of the
cost of basic life insurance. In addition,
Accidental Death & Dismemberment
(AD&D) coverage equal to the basic
amount of Life Insurance is provided.
457 Deferred Compensation Plan
The City offers a 457 Deferred
Compensation Plan. Contributions can
be deducted on a pre-tax and/or after-tax
(ROTH) basis.
Each month the City will
make a contribution of $100 a month on
your behalf. To qualify for the City
contribution you must contribute a
minimum of $12.50 per pay period to
the plan. Please refer to the Deferred
Compensation plan summary for the
maximum annual allowable contribution
under IRS regulations.
LTD Coverage
The City offers a voluntary Long-Term
Disability (LTD) Plan with coverage
equal to 60% of the participant’s
monthly pay, up to a $11,000 maximum.
The associated premium is paid by the
Elected Official on an after-tax basis. To
qualify for benefits, Elected Officials
must meet the plan’s definition of
disability. Other rules apply. See the
LTD insurance booklet for details.
Retirement Plan
Elected Officials sworn in between
October 19, 2011 and December 31,
2012 (Tier 2), have a benefit factor of
2.7%@55 years of age, and pay the
employee share of 8%. Elected Officials
sworn in on or after January 1, 2013
(Tier 3) are subject to the Pension
Reform Act with a benefit factor of 2%
@ 62 years of age, and pay the employee
share of 7%; except for “Classic”
members who may be placed in Tier 2.
Please see the CalPERS Retirement Plan
booklet or visit the website at:
www.calpers.ca.gov for more detailed
information. Information is subject to
change each fiscal year.
Medical Opt-Out Option
Elected Officials may elect to waive the
health insurance coverage offered by the
City and receive a $2,000 annual stipend
under the “Health Opt-Out” program.
Elected Officials sworn in mid-year will
receive a pro-rated amount. Please
review the “Fringe Benefits and Salary
Resolution” for complete program
details.
Additional Life Insurance,
Flexible Spending Accounts,
Critical Illness and Legal
Services
plans are available to all
Elected Officials for optional voluntary
enrollment; please refer to the City’s
website below for complete plan details.
Mayor and City Council
IMPORTANT NOTE:
This benefit insert does not supersede
any City policies, Summary of Benefits,
or Evidence of Coverage (EOC). All
documents can be found in the City’s
HR website.
BENEFICIARY INFORMATION
Be sure to keep beneficiary information
up to date. A beneficiary checklist is
available on the Benefits website above.
INSURANCE PREMIUMS
Health, Vision and Dental benefit
premiums are pre-tax and are deducted
from 24 bi-weekly pay periods during
the calendar year.
For complete details on health, vision, and dental premium rates, please visit the City’s Human Resources Benefits website at:
https://riversideca.gov/human/employee-hub
Bi-Weekly Costs Coverage Levels
Insurance Plan Employee Employee
+ 1 Family
Blue Shield PPO $157.02 $637.73 $816.53
Blue Shield HMO 15 $0.00 $284.05 $449.83
Blue Shield HMO 20 $0.00 $151.34 $266.09
Blue Shield HMO 20 Trio $0.00 $49.46 $125.44
Kaiser HMO 15 $0.00 $112.59 $181.96
Kaiser HMO 30 $0.00 $47.30 $94.69
Local Advantage $12.02 $40.14 $65.70
Delta DPO $12.02 $40.14 $65.70
Delta Care HMO $0.00 $0.00 $1.46