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Central Services <br /> - Human Resource <br /> And Risk Services <br /> I <br /> City of Eugene <br /> 777 Pearl Street, Room 101 <br /> MEMORANDUM (541> 6820-5061n 97401 <br /> (541) 682-6831 FAX <br /> www.ci.eugene.or.us <br /> Date: February 13, 2004 <br /> i <br /> To: Terminating Regular Employees <br /> Prom: Jon Carson - HRRS <br /> <br /> i <br /> Subject: Benefits Upon Separation of Employment FY04 (REVISED) <br /> It is important that you read the following information very carefully so that you are aware of the benefit <br /> options available to you when you separate from employment with the City of Eugene. After making <br /> decisions regarding your health and life insurance benefits, PERS, and deferred compensation, Ip ease <br /> complete and sign the attached Notice of Intent and Notice of Qualifying Event forms and return them to <br /> your supervisor or office manager for attachment to your "Termination PAF." Please call me at x8868 <br /> (682-8868) if you have questions. <br /> Note: If you are retiring under PERS, ask your office manager for the ~~Memo To Retiring <br /> Employees." <br /> Health Insurance <br /> Your City-paid health insurance will cease at the end of the month in which you terminate employment. <br /> You have options of seeking health coverage from a private carrier, under "Portability" (if you are on the <br /> PacificSource Plan), or continuing as a COBRA Continuee through the City of Eugene. <br /> 1. Portabi/ity: If you are currently covered under PacificSource, you will receive "Portability" information <br /> directly from them. Do not confuse this information with COBRA Continuation materials. Portability <br /> coverage provided by PacificSource, has different benefit levels, and an age-based. premium schedule. <br /> Portability is also available at the end of your City of Eugene COBRA eligibility, regardless of your health <br /> plan. <br /> 2. City of Eugene COBRA Continuation: You may continue your health insurance coverage through <br /> the City of Eugene for 18 months, provided you pay the monthly premiums and you are not covered <br /> under another group health plan or entitled to Medicare. You have 60 days after your termination <br /> date to make a decision concerning the COBRA continuation of your insurance coverage. <br /> The City has contracted with BestChoice Administrators to administer the health insurance eligibility and <br /> premium collection for continuees. You will receive information from BestChoice concerning premium <br /> payment options and time frames during the month following separation of employment. <br /> <br />