november 2009 p re -r etirement p rogram. m ission s tatement the mission of the city of phoenix...
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PRE-RETIREMENT PRE-RETIREMENT PROGRAMPROGRAMPRE-RETIREMENT PRE-RETIREMENT PROGRAMPROGRAM
MISSION MISSION STATEMENTSTATEMENT
MISSION MISSION STATEMENTSTATEMENT
The mission of the City of Phoenix The mission of the City of Phoenix Retirees Association (COPRA) is to Retirees Association (COPRA) is to represent the interests of retired represent the interests of retired general employees of the City of general employees of the City of Phoenix in matters related to Phoenix in matters related to benefits, pension, health insurance benefits, pension, health insurance and other issues of mutual and other issues of mutual concern.concern.
GOALGOALGOALGOAL
COPRA’s goal is to seek the COPRA’s goal is to seek the improvement and improvement and protection of City of protection of City of Phoenix Retiree's pensions Phoenix Retiree's pensions and other retirement and other retirement benefits.benefits.
PRIOR COPRA PRIOR COPRA INITIATIVESINITIATIVES
PRIOR COPRA PRIOR COPRA INITIATIVESINITIATIVES
Pension Equalization Program (PEP) - Increases Pension Equalization Program (PEP) - Increases your pension annually after the first three years your pension annually after the first three years of retirement if funds are availableof retirement if funds are available
The “Thirteenth Check” - Guarantees a The “Thirteenth Check” - Guarantees a “thirteenth check” of at least 1% of your gross “thirteenth check” of at least 1% of your gross annual pension if funds are availableannual pension if funds are available
Minimum Pension Increases - Increases for Minimum Pension Increases - Increases for long-term retirees - those who retired prior to long-term retirees - those who retired prior to 1989 received pension increases in February 1989 received pension increases in February 20002000
LATEST COPRA LATEST COPRA INITIATIVE INITIATIVE
LATEST COPRA LATEST COPRA INITIATIVE INITIATIVE
Dental Insurance for Retirees and Families Dental Insurance for Retirees and Families
March 1, 2010 effective date March 1, 2010 effective date
DHMO - in network coverage DHMO - in network coverage
Fee schedule for services Fee schedule for services
PPO PPO
80/20% on basic services with $50 deductible 80/20% on basic services with $50 deductible
50/50% on Tier 3 coverage (crowns, bridges, 50/50% on Tier 3 coverage (crowns, bridges, dentures, partials, orthodontia) dentures, partials, orthodontia)
$2000 annual maximum$2000 annual maximum
BENEFITSBENEFITSBENEFITSBENEFITS
An advocate is available whenever you have a An advocate is available whenever you have a problem with or question about retiree problem with or question about retiree benefits. benefits.
A COPRA representative is on the City of A COPRA representative is on the City of Phoenix Retirement Board. Phoenix Retirement Board.
A COPRA representative is on the Health Care A COPRA representative is on the Health Care Task Force.Task Force.
The The COPRA CHRONICLECOPRA CHRONICLE IS IS filled with valuable filled with valuable retiree news 9 times yearly. retiree news 9 times yearly.
Educational events and social activitiesEducational events and social activities
GENERAL GENERAL MEMBERSHIP MEMBERSHIP
MEETINGSMEETINGS
GENERAL GENERAL MEMBERSHIP MEMBERSHIP
MEETINGSMEETINGS
MEMBERSHIPMEMBERSHIPMEMBERSHIPMEMBERSHIP
COPRA’s continued success depends upon COPRA’s continued success depends upon your active membership! your active membership!
3,371 current members 3,371 current members
DuesDues
$10.00 per year$10.00 per year
Special offer: a 5-year membership for Special offer: a 5-year membership for the 4-year price the 4-year price