Resolution 88-89-14

Long Term Care Policy; Retirement Benefits

Whereas, the cost of long term care can amount to tens of thousands of dollars, presenting the spectre of depleting all of one=s economic resources, and; Whereas, the University provides no post retirement health benefits, and; Whereas, economic pressures upon the University=s fringe benefits budget indicate little likelihood that funds will be available to fund a long term care benefit in the foreseeable future, and; Whereas, the Social Security medicare safetynet provides no long term care coverage, and; Whereas, State of California Medical for long term care is only available after the retiree=s economic resources have been depleted; Be It Therefore Resolved, that the Faculty Senate urges the University to pursue the installation of an Employee Pal-All Group Long Term Care Plan, which would be made available to all employees and retirees on a voluntary basis during the next health plan open enrollment period. Be it further resolved that the plan should be made available through the University=s Flexible benefits Pre-tax Payment Account if legally permissible.

Resolution Number: 88-89-14

Author: Howard Hansen, seconded by Ruth Weg

Date: May 3, 1989

Action Taken: Passed