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9.C.1. PUBLIC NOTICE ITEMS SCHEDULED FOR PUBLIC <br />HEARING ON OCTOBER 21, 2003 <br />1. DENNIS E. BAYLES' REQUEST FOR ABANDONMENT OFA <br />PORTION OF 14TH STREET WITHIN THE ROCKRIDGE <br />SUBDIVISION. THE SUBJECT SEGMENT OF <br />RIGHT-OF-WAYIS LOCATED AT THE EAST TERMINUS OF <br />14TH STREET JUST WEST OF INDIAN RIVER BOULEVARD <br />Executive Aide Kim Massung read the notice into the record. <br />10.A. RETIREES' HEALTH INSURANCE - SUBSIDY FOR <br />RETIREES <br />Assistant County Administrator Joe Baird brought back to the Board changes to the <br />policy regarding the retirees' health insurance premium subsidy by the county. The proposed <br />policy states an employee must have 10 years of service when they retire to receive compensation <br />of 2% for each year of service, up to a maximum of 40%. After age 65 the rate is reduced 20% <br />because Medicare becomes the primary carrier. He had talked to labor attorneys to see if he could <br />have a minimum age requirement and he was advised that he could use length of service but not <br />age as a requirement because he would open the County up to litigation. Mr. Baird estimated this <br />would cost the county about $80,000 more a year. He also said that it is impossible to project what <br />the future cost for health insurance would be. <br />A brief question and answer period ensued regarding age as a requirement for <br />retirees and Attorney Collins clarified the reason for using years of service over age is to prevent <br />any age discrimination lawsuits. <br />Commissioner Ginn was not in favor of this policy. She was troubled by the fact <br />that it is impossible to determine future costs of insurance and once they start there may be more <br />liability on the County's part. <br />Mr. Baird presented a few alternatives to reduce the liability. The years of service <br />could increase to 15 years or 12 years. He explained that there are employees that started working <br />OCTOBER 14, 2003 13 <br />