Title
Human Resources Department recommending the Board:
1) Approve and adopt Resolution 150-2025 to establish a Post Employment Health Plan (PEHP) with Nationwide Retirement Solutions; and
2) Authorize the Director of Human Resources to execute any documents relating to the establishment of the PEHP contingent upon approval by County Counsel.
FUNDING: Retiree Health Fund.
Body
DISCUSSION / BACKGROUND
On September 16, 2025, with Legistar file 25-1498, the Chief Administrative Office and Human Resources Department brought before the Board an item finding that a public benefit is derived by offering an opportunity for employee attrition through a voluntary separation monetary incentive to achieve General Fund and other fund savings and approved the establishment of a Retirement Incentive Plan for Fiscal Year 2025-26. One of the documents required by Nationwide Retirement Solutions to establish the PEHP is a Board resolution.
Human Resources Department is requesting the Board approve and adopt a resolution to establish a PEHP with Nationwide Retirement Solutions as the administrator of said plan, and authorize the Director of Human Resources to execute any documents relating to the establishment of the PEHP contingent upon approval by County Counsel.
ALTERNATIVES
The Board could choose not to authorize the establishment of the PEHP, however, doing so would not allow the Retirement Incentive Plan to be implemented.
PRIOR BOARD ACTION
04/08/2025 Legistar file 25-0654: Board directed staff to develop a Retirement Incentive Plan.
09/16/2025 Legistar file 25-1498: Board approved Retirement Incentive Plan for Fiscal Year 2025-26
OTHER DEPARTMENT / AGENCY INVOLVEMENT
County Counsel
CAO RECOMMENDATION
Approve as recommended.
FINANCIAL IMPACT
There is no financial impact associated with this item as the Retirement Incentive Plan was approved by the Board at a prior meeting.
CLERK OF THE BOARD FOLLOW UP ACTIONS
Upon Board adoption and approval, please provide a co...
Click here for full text