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HomeMy WebLinkAbout2006-04-19-9:30AM-WORKSHOPBRAZOSCOUNTY BRYAN, TEXAS NOTICE OF MEETING AND AGENDA BRAZOS COUNTY COMMISSIONERS COURT WORKSHOP SESSION THE COMMISSIONERS COURT OF BRAZOS COUNTY WILL MEET IN A WORKSHOP SESSION ON WEDNESDAY 19 APRIL 2006 AT 9:30- A.M. IN ROOM 108 OF THE BRAZOS COUNTY COURTHOUSE, 300 EAST 26TH STREET, BRYAN, TEXAS. 1. Call to Order 2. Presentation and discussion regarding Retiree Health Insurance and GASB Statement 45. 3. Adjourn The Brazos County Courthouse is wheelchair accessible. Handicap parking spaces are available. Any request for sign interpretive services must be made two business days before the meeting. To make arrangements, call (979) 361-4102. Office of the County Judge • 300 East 2e St. • Suite 114 • Bryan, Texas 77803 • Fax: (979) 361-4503 va7R PA,[ Ids COMMISSIONERS' COURT WORKSHOP SESSION April 19, 2006 The Commissioners' Court of Brazos County, Texas met in a Workshop Session in the Commissioners' Courtroom in the Courthouse in Bryan, Brazos County, Texas, beginning at a.m. on Wednesday, April 19, 2006, with the following members of the Court present: Randy Sims, County Judge, Presiding; Lloyd Wassermann, Commissioner of Precinct 1; Duane Peters, Commissioner of Precinct 2; Kenny Mallard, Commissioner of Precinct 3; Carey Cauley, Jr., Commissioner of Precinct 4; Karen McQueen, County Clerk. Attached is a list of the citizens and officials in attendance. Attached is a transcript of the meeting. Vol 7 Page /07. I of 12 BRAZOS COUNTY COMMISSIONERS COURT Retiree Health Insurance Workshop April 19th, 2006 Sims: ...for retirees, I think we've got an exposure out there that ...because we are going to have to decide what we are going to do and I think this is a workshop session and I will call this workshop session into session. Katie, do you want to talk to us about this please? Conner: I know everybody loves the term GASB. GASB Statement 45 has been issued and the chance for comments and regret is over. We are going to have to implement it by 2008/2009. First I want to say right off the bat that I do not have any preference on how you decide to take this. If you want to (inaudible) I need your assistance in determining whether we are going to continue covering retiree health insurance. Unfortunately the biggest question that you're going to ask is, "How much is it going to cost." I don't have an answer. To get the answer, we are going to have to have an actuary come in and do an analysis to find out much we need to fund. One of the main premises of GASB 45 is that rather than waiting until the employee retires to put aside funds for their health insurance, you start putting aside funds now. While they're earning. While I'm working. While Amy's working. While we're all working. We have to start setting aside funds in preparation for when they retire. Again, how much? I don't know. I can give you an example. For example, TCRS is the best example of what I'm talking about moving towards. Everyday, every time somebody gets a paycheck now 7% comes out of their paycheck. But the county puts in 10.96%. For every dollar I put in, yall put in ten... for every seven dollars I put in, yall put in ten. Sims: 2.251 isn't it? Conner: That's what I'm promised. Not guaranteed because yall could change it before I retire. I'm only guaranteed it when I actually retire. Yes, 2.25 for every dollar I put in. And the way TCRS has taken our ages, our group, they've analyzed us a county of employees, how long they think we're gonna live, how long we've been living, how long we're not gonna live, medium age for retirement, what the interest earnings are going to be on the money... they've taken all this information and analyzed it and come up with the 10.96. GASB 45 is going to require the same type of analysis but for health care for retirement. It's going to be that rather than a pay as you go, which is what we're doing now, it's going to become a plan. Sims: A trust fund basically. Vol ~ 9 Page 100 2of12 Conner: Basically. Mallard: As it should be. Because otherwise down the road all of a sudden there's not any money. The same thing happened to A&M. They provided all those services for their retirees and it eventually it had too many and it caught up with them and there wasn't enough ...it just got so large, the retirees got so large that it was a huge burden and they almost had to cancel all of their health insurance. There was a lot of turmoil; this has been a few years back. Sims: How did they solve their problem, do you know? Mallard: Well they discontinued a lot of those programs that they had. McLeod: (inaudible) Sims: Really. Mallard: It's a wonderful thing. I think everyone would like to have that benefit, I know I would. But I have to sit up and say, "Well, but financially can we afford to do it?" At some point in time there's going to be a real day of reckoning. Obviously there are just a few retirees today but that number will continue to grow over time. Cauley: Does GASB 45 alleviate that? Conner: It will not alleviate the number of retirees... Cauley: No, no, no. Conner: ...what it will do is it will help us in spiking or have real lows ...it will help us even it out and plan for it. It will help us figure out how much... Mallard: It will force us to pay today for... Cauley: Tomorrow. Conner: Yes. Mallard: ...tomorrow's retirement. Conner: How much do I need to put aside for the next thirty years to have this covered? Because that's what it does, is it... Vol 7q Page 109 3of12 Cauley: Yeah, that's what I'm asking. Rather than waiting until you are on top of the precipice... Conner: For example, let me give you some real numbers that we're talking about. Last year we paid $259,000 into our health care system for our retirees. Retirees that have retired since January I of 2000 and ones that we agreed to pay their health insurance for. That's only fifty retirees right now. We have fifty eight currently eligible that are still working today. But that's double. It could go from 259,000. to 500,000 in a year because they're all old enough and you can't tell them they can't retire. And if they retire today, they have health insurance. That's the goal of the GASB 45 to... Cauley: Mitigate it. Conner: ...yes. And the good news is that once we implement, we don't have to go back and catch up for like my prior eight years service or anybody else's. We don't have to catch up. We just amortize it over the next thirty years. Mallard: As I understand it there is a difference between someone who retires before age sixty-five and then retirees after age sixty-five because of Medicare? Conner: Yes. What happens is if you retire before 65 the county is primary coverage and Medicare is (inaudible). (overtalking) Conner: If you're sixty-five and you're retired then Medicare becomes the primary. Cauley: Does the rate that we pay for that Medicare eligible retiree go down? Conner: See that's the other part of this, we don't really have premiums because we are self-funded. Yall had decided not to. The county still puts in $470.00 whether they are over 65 or not. But that was the choice of the Commissioner's Court versus some insurance company telling us. Cauley: But to keep the thing solvent... Mallard Conner: Cauley: That helps us keep it solvent. Yes. We are solvent right now too, that's another point, yes. Yes. Vol 7 q Page 116 4of12 Conner: If you decided to decrease that for the people over 65, you'd probably have to increase how much you put in for me. That's my best example. But we are solvent. Sims: Ok. So you're saying we'd have to increase what we put in for you because you are still working. Conner: Not just because of that because you've still got claims. I mean you can choose to decrease it for people who probably have less claims but your claims aren't going to change just because you've decreased it. It's just going to be more up here. Mallard: It's still one bucket of money. Conner: Yes. Mallard: And there has to be enough in there to cover all of these assets. Conner: There's nothing there to cover it now so whether you pay for it under the guise of a retiree or an active employee doesn't matter doesn't matter, you've still got to put the money in. Sims: So basically with the retirees that we have that reached 65...when Medicare becomes primary and our health insurance becomes secondary... that's where we catching up. Because they're not using it. Conner: I don't have an analysis at this time of how much over 65 is costing us and how much under 65 is costing us. I did get an analysis but it looks like the retirees (inaudible) $251,000. for retirees last year ...this year it looks like the claims were about $293,000. But that includes retirees that pay for themselves too. We have maybe about ten that retired before 2000 and so they are paying their own (inaudible). Mallard: See, it's only the folks from 2000 to today that have retired that are basically getting an extra benefit. The people before that time are having to...it didn't go back and pick up everybody that was a retiree before 2000. It just said that, "as of today" which was whatever that date was in 2000. Conner: January 1 s` Mallard: All the retirees at that point forward were going to get this benefit. McLeod: We did pick it up (inaudible). Mallard: Even if we stop... Vol 7 I Page / / 5of12 Conner: We tried to get it back. Mallard: Even if we stop... Conner: We tried to get it back. Mallard: Ok, but you couldn't. Conner: At that time. Mallard: And even if we wanted to stop it today, we could only do it for the future. We couldn't do anything about that from 2000 to today. Conner: Rod you can help me on this ...I wouldn't say that you can't, but you kind of promised and you wouldn't have to have a contractual obligation to (inaudible). Cauley: Does GASB require us to have this actuarial evaluation every two years, regardless? Conner: No. If you decide not, that's the whole ...that's the whole goal of today is to decide... obviously you can't make a decision ...but gather information to make your decision on whether you want to continue covering retiree health insurance. If you do, then yes, we have to have an actuary every two years. Estimates from other counties on actuaries is about $20,000. So at the very beginning we need to do an RFP and if we decide we want to continue it for an actuary, there are other companies that will help us design the plan, compile a GASB 45 financial reporting, and then manage the plan after that. Help us invest them ...for a fee. And that's where they've said there are several renovations out there. Mallard: There is another option too that came to us in a workshop a year ago... Richard Smith and I can't think of the other fellows name. Anyway, they came to us and offered us private insurance so our retirees would not be within the county self-insurance plan but they would be insured with private insurance. And it is a different plan and I think there was an issue over limitations on medicines. For over 65, I think our big benefit that we have is...obviously anything that Medicare covers we wouldn't have (inaudible) for. But anything over and above... which is the medicines. I'm not sure how the medicines have changed in the particular... Nichols: We have ...our scripts are as good if not better than what Medicare offers. And so we or anyone eligible (inaudible) could make a decision on what they Vol ? % Page //a 6of12 wanted to do. And as long we provided (inaudible) and our plan is as good or better than Medicare, then they do not have to go. Sims: Who rates that? Who stands behind that statement? Nichols: Our consultant for one, but our plan is a better plan. Sims: Ok. That's what I'm asking because when somebody tells me that I take a look at them with a jaundice eye and say, "Wait a minute, here now." Nichols: Medicare still is not anything near what we have. McLeod: (inaudible) Mallard: Now I assume that we could alter our plan if we so desired where it would not cover these extra things and set it up... Conner: Yes. You can alter the plan to mitigate (inaudible) cost. Mallard: You know, it's not whether we don't want to provide a benefit for our retirees, I think we all do, but what can we afford to pay and what is the liability. Now we say the actuarial can tell us that this is an escalating... that's what happened to A&M, it escalated so high they said, "We gotta do something." Because of the cost were so high it was becoming unaffordable. And that's the concern for everybody. We would like to provide a benefit but we have to do it knowing that we can continue to pay. It's kind of hard for counties to go bankrupt but it's not impossible. And that would be a bad thing. So whatever we promise we'll do, we want to know that we can deliver. I think that's very important that we don't just come out and say we want to provide this benefit and not know what the repercussions might be. What we can afford to pay. Conner: (inaudible) Mallard: I don't know what it is. I mean it's just a black hole right now that I see, but that's my concerns is...and maybe it's not real. Maybe we get and actuarial and they say, "It's manageable." Because there is a limited number that are going to be in that system at any one time. It's not just going to continue to be this huge escalating number and it will be all right. Conner: All I can tell you is, you know, leave it this way and it will get this huge escalating number but if you limit it to different factors like only people over 60 can retire (inaudible). You could set the requirements. Vol -71/ Page 113 7of12 Nichols: What Katie just said brought up something else and that is when someone retires from another entity and their retirement is compatible with ours and they retire from that entity and they don't get insurance and they come to work for Brazos County, they can work here one month and get a retirement and they can retire and keep our insurance. Peters: That's been my concern for a while. Nichols: I think this is something we need to look at to see if you have to retire completely or have a whole time frame (overtalking) years of service with Brazos County before (inaudible). Peters: A&M's retirement beforehand was that you had to work out there five years before you could retire and get it, and they changed that because even that was causing problems. Sims: What did they change it to, do you know? Peters: I don't know what it is but somebody said you might have to work ten more years so they made the change ...I know that at one time you could work out there five years and if you were eligible for retirement you could get your health benefits. And A&M changed that because they couldn't afford it. As Loraine said, right now if they've got their eligibility from working somewhere else and they retire after a month here, they get that health benefit and it's costing the county. Nichols: And people who have been here fifteen years that have really been committed to working for the county ...I think there should be some kind of requirement. McLeod: Judge Jones was one of those. Nichols: Right, several people. Cauley: Of these fifty retirees, how many of them are double-dipping. Connor: (inaudible) Sims: We know how many are double-dipping. Cauley: What I mean is that worked for the City of Bryan or College Station or A&M and who have come here and worked for a little bit and get the insurance. Mallard: I know of several. Vol 79 Page / 8of12 Nichols: They're eligible to... Conner: We can guess but I wouldn't be comfortable asking them. Gallego: Maybe look at years they've worked here and can retire and that'd probably (inaudible). Nichols: I think if the employee fits our criteria to be eligible to retire that-it doesn't mean they couldn't retire from the county. Sims: Right. Nichols: Because that's a whole different section there. Retirement and insurance is totally different. That is where I got a question from someone else, Well, but if I retire, then I'm going to keep it, but we need to put some criteria on it. And that's what I think we should look at. Mallard: Can we get the information from A&M personnel operations to see what they did. Sims: What does Bryan do? What does other cities do? Mallard: They don't do it. Peters: I don't think they offer it. Sims: They don't offer it period? Mallard: That's right. This is special. Conner: I talked to the City of Bryan, they are self-funded like we are and they are going to have to (inaudible) because they are (inaudible). (Inaudible) remember how we talked about $251,000 we put and the $293,000 it would cost, even if the employee paid, the retirees that paid... Sims: Still got to subsidize it. Conner: So you still have a contribution. They have to pay the premiums but it's not enough, because it's a reduced rate. Sims: So each year we have to make up the difference. Cauley: Have we always had a deficit? Conner: Good question. Vol 9 Page 115. 9of12 Nichols: I don't think so. McLeod: No. Because it didn't get larger. Mallard: It just recently started in 2000 and it slowly ramps up. McLeod: (inaudible) Connor: (inaudible) Sims: I personally think we do need to have this actuarial so that we see where we are, maybe get some feedback from what we need to do in the future because I certainly would be...it would be inexcusable for us to make decisions without facts, number one. And number two to put county government in a precarious situation in later years. Mallard: It's already been done once so let's don't do it again. Conner: Anyway, I'll put it in next year's budget. I don't think we should actually spend anything before then. It will take a while to get an RFP together. Mallard: Somehow in this process, I think it would be good to look at this full insured plan for retirees. Evidently, it's not just us that is doing that because this fellow sells it throughout the State of Texas as a plan that they utilize. But it's not the same plan as what the Brazos County has. So we need to have other options too to see what might work. Conner: I would ask...since so many of the questions require some type of analysis, it's hard to come up with them and I (inaudible). (Inaudible) start gathering that kind of information. We can do some of it but it took us two days to (inaudible). McLeod: (Inaudible) Will this be insurance with proposed... Mallard: Accepted by offer buyers? I don't know. I assume they have the networks and whether the networks was exactly the same as the network we're under, I can't answer that. It's a fully insured plan a opposed to self-insured plan. McLeod: But would it determine how those retirees would have to... Mallard: Yeah, if everybody has to go El Paso to see the doctor, that would probably be bad. That's just all part of it. That's just one person that sells it, there may be others that market it that would be part of the...if we looked at that, we would have to look at all those situations. We're very blessed that most plans Vol 7 7 Page 116 10 of 12 for doctors and all of that are pretty well all-encompassing. They don't seem to have... McLeod: (inaudible) Mallard: I would say yes he did but it's probably not going to cover it 100%. McLeod: (inaudible) Mallard: That's correct. Nichols: We could get our consultant to look into that. Sims: And see what kind of network...? Nichols: As far as a supplemental type plan for retirees. We'll get the actuarial to help us figure out... Sims: I know this happening everywhere, my sister retired from Southwest Missouri State and that was one of the biggest problems that all state supported schools are having. Do they want to continue to carry insurance on retirees? And they didn't. And they fought it in court and they said there was a commitment made by the Board of Regents and the State of Missouri and the people lost. The employees lost. Conner: I think we need to get started... Sims: I do too. I do too. Absolutely. Ok. Put that on the agenda too. Conner: Let's put it writing first. Sims: Well, put it on the agenda so that we can approve going out. Ok? Conner: Ok. I'll check it first (inaudible). Sims: And this is important to our employees here in Brazos County to me. You know, we just have to take a look and our employees have got to understand that this is a balancing act with dollars to be honest with you. Vance: I'd just like to say one thing; it is a sales tool that we use when we are trying to hire employees. Because of the fact that in many cases we're not on the same level of some of the other entities pay-wise. But having a good retirement system or medical benefit system is one method of enticing people to go to work for us. I certainly realize as much as anybody that you can only approve so much. Vol 7 q Page //7 11 of 12 Mallard: Well and the employee can't. I mean individual health insurance could be up to a thousand dollars a month. It's huge. McLeod: And some can't get it. Mallard: That's right. And the closer we get to retirement age, the harder it is to get coverage. McLeod: Well, if they have a medical condition, they can't get coverage. Mallard: That's right. Yeah. Nichols: I do know the small entities that family coverage is at $1,900. a month. Cauley: Might as well not have any...go on welfare. Gallego: We should get stricter without cutting everybody out. So those that served thirty years, maybe at least let them be still be entitled to insurance and cut out the ones that... Sims: Well that's something that we need to look at to see if we do need to revise our policies on that. You don't just come to work for Brazos County and in one day you become eligible for health insurance. That's wrong. Because I've seen a lot of them ...a lot of them tend to go through the court systems, i.e. bailiffs and this type of thing. All of a sudden they show up and they work two months and then they're gone, they retire, they become eligible... and I'm not knocking the bailiffs, I'm just saying that's where I see most of it because they come and go. Other questions? Yes ma'am.? Conde: I don't (inaudible)... mine's a little bit more confusing so I don't know if I should bring it up in here or...because it not only affects my permanent retirement (inaudible) Conner: You know, that's kind of up to them because I don't think I (inaudible) today, I can't. But I think (inaudible) we'll find out. Conde: Ok. Connor: That's my answer (inaudible). Mallard: We're also looking at (inaudible) but that's a separate... it wouldn't be figured into this as a retiree. McLeod: Uh-huh. (positive) Vol 71 Page //9, 12 of 12 Mallard: Really? McLeod: (inaudible) Conner: It's always been easier to say you get the same benefits as the Brazos County (inaudible) Sims: Well I know 911 went off on their own and they found a better policy. B.V. COG went out on their own. But they went with Blue Cross, Blue Shield too. McLeod: (inaudible) Sims: Appraisal District (inaudible) they went out on their own. Mallard: Once they get a certain size, employment-wise then it makes sense. Sims: Ok. Any questions Commissioners? Any other questions? Mallard: Please understand that we don't want to cut benefits but you just kind of look at the numbers and find out what we can do. We certainly want to continue to provide these benefits that we have in the past. Female: You have an employee that worked for the in excessive of 20 years and they have health problems. Is there anything going to happen immediately? If this person is ready for retirement and they want to be covered? Mallard: I don't know. (inaudible) McLeod: They are not going to do anything for a least several months. Sims: Before we asked something that we have to make a decision on, I'm going to close this workshop session. Thank you for coming. End of tape. Vol 7 I Page 112 The foregoing minutes of the Commissioners Court Workshop held April 19 2006 , have been examined and approved in open Court this the ~Q"] day of Jtak , 20" , in Bryan, Brazos County, Texas. Duane Peters Commissioner, Precinct No. 2 arey C uley, Jr. Commis ioner, Precinct 4 Attest: aren McQueen County Clerk Lloyd Wassermann Commissioner, Precinct No. 1 Kenny Malla d Commissioner, Precinct No. 3 Vol 7q Page l a D BRAZOS COUNTY COMMISSIONERS COURT DAY OF , 20 AT = 30 PM Name Organization '18141 4 -4- -'"d C-1"r- A,~,4or w i lq ///,/~/,rEn/ fin L,/ 9y9 1 / a l ~iUL?/ PFry,+.e~- BRAZOSCOUNTY COMMISSIONERS COURT /gam DAY OF , 20 AT ~PM Name Organization AJOL -29 PAGE / as