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25-1498

Chief Administrative Office and Human Resources Department recommending the Board: 1) Find that a public benefit is derived by offering an opportunity for employee attrition through a voluntary separation monetary incentive to achieve General Fund and other fund savings; 2) Approve the Retirement Incentive Plan (Plan) for Fiscal Year (FY) 2025-26; 3) Authorize the Director of Human Resources, with concurrence of the Chief Administrative Officer, to approve Plan applicants; 4) Authorize the Director of Human Resources to execute any documents relating to the establishment of Health Reimbursement Arrangement accounts for approved Plan participants, contingent upon approval by County Counsel; 5) Grant Human Resources the authority to correct any minor clerical errors or adjustments, if necessary, to the Summary of Plan Provisions, Application, and/or template agreement; and 6) Direct the Chief Administrative Officer to include funding for the Plan in the FY 2025-26 Adopted Budget, including to cover approved employee separation incentive payments, any employer fees related to setting up the Health Reimbursement Arrangement accounts, and the Patient-Centered Outcomes Research Institute Fee. FUNDING: Retiree Health Fund.

Agenda Item Approved Introduced August 18, 2025
Committee
Board of Supervisors
Requested by
Human Resources
Introduced
August 18, 2025
On agenda
September 16, 2025
Passed
September 16, 2025

Where it was heard

Board of Supervisors Sep 16, 2025 Approved Pass