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Tax-advantaged Spending Accounts: Open Enrollment - September 2017

Tax-advantaged spending accounts open enrollment from Oct. 1–Oct. 31, 2017
Federal law allows employers to offer certain tax-advantaged spending accounts for employee benefit expenses. Through a provider called WageWorks, the City of Los Angeles currently offers four types of these accounts. Please note that the maximum amount indicated below are subject to adjustment by the federal government for the 2018 calendar year. The limits noted below are those that are in effect for 2017. As soon as the federal government publishes the 2018 maximus, if they are different than what is in this article, we will send out a membership alert.

Pension and Benefits - June 2017

The annual biggest loser weight loss challenge will begin on July 1 with the Los Angeles Police Relief Association. The Board of Directors has teamed up with Lindora’s “Lean for Life” to offer 50 percent off any weight loss clinic programs when a club membership is purchased, and the program is paid in full for sworn, retirees, and civilian employees and their spouses and dependents. Some restrictions apply. The offer expires June 30, 2017.

Benefits Update - May 2017

COLA
The Cost of Living Adjustment (COLA) effective July 1, 2017, for all eligible pensioners and DROP participants will receive an increase of 2.7 percent beginning with the pension payment dated July 31, 2017. The COLA amount is based on the change in the Consumer Price Index (CPI) for the Los Angeles-Riverside-Orange County area for all urban consumers, for the annual period beginning March 1, 2016, and ending Feb. 28, 2017.

Delta Dental Open Enrollement - April 2017

Delta Dental Open Enrollment is from May 1–31, 2017

This year we are again pleased to announce there will be no cost increase to members and several enhanced benefits, while retaining all the outstanding benefits that members who participate in Delta Dental currently enjoy. The new enhancements include: Orthodontic coverage will be increased from $2,000 to $2,250; and a wellness D&P Maximum Waiver Option is now available where costs for covered diagnostic and preventive dental services don’t accrue against plan year maximum.

Pension News - March 2017

Lawsuit update
The City is appealing the recent court ruling on the LOA regarding the 2 percent retiree medical subsidy. Judge Malcolm Mackey of the Los Angeles County Superior Court issued a ruling in favor of the League and against the City, which declares that the individuals who opted to pay 2 percent of base salary pursuant to the League’s 2011 Letter of Agreement with the City gained a vested right to receive annual percentage increases in the retiree health care subsidy in the lesser of the actuarially determined Medical Trend Rate, or 7 percent.

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