The maximum retiree health subsidy for Fiscal Year 2015-2016 has been retroactively increased from $1,435.13 to $1,438.49. On May 5, 2016, the Board of Fire and Police Pension Commissioners approved the additional 0.25% increase to take effect July 1, 2015. This increase will result in an additional subsidy of up to $3.36 per month.
Approximately 2,400 retired members will be entitled to a retroactive increase depending on their health plan coverage and years of service. The increase will affect the 2,400 members who:
- Paid out of pocket for a portion of their retiree health insurance during the period from June 30, 2015 — May 31, 2016. The out of pocket cost was paid via a deduction from the retiree’s monthly pension check or premiums paid through the Health Insurance Premium Reimbursement program.
Retired Members who qualify for the retroactive health subsidy will receive an informational letter and their reimbursement checks/direct deposits during the week of August 15, 2016. Eligibility for the reimbursement has been determined by Los Angeles Fire and Police Pension staff and there is no need to request a reimbursement.
This reimbursement will be paid separately from your regular August 31, 2016 pension payment. If you have any questions regarding this information, please call (844) 88-LAFPP ext. 93115 toll free, or contact the Medical & Dental Benefits Section directly at (213) 279-3115.