Archive for April, 2011
Budget Decisions That Must be Made Now
Wednesday, April 27th, 2011I have recently attended quite a few budget meetings of the City of Memphis. It is a spectacle that does not warm the heart of the overburdened Memphis taxpayer. Here are several examples that you should find interesting.
#1 is of Shea Flinn addressing a budget committee meeting. He proposed the (more…)
Some Budget Suggestions for Memphis
Thursday, April 21st, 2011MLGW Family Health Care Plan Costs $27,176.40/Year!! Why?
Monday, April 18th, 2011Details of Memphis and Shelby County Public Employee Health Care Plans
Tuesday, April 12th, 2011My last posting gave details of the Memphis City School health care plans and their cost. Now I want to give details for the City of Memphis and Shelby County.
I have attached the details sheets for the City of Memphis and for Shelby County but here is a recap example for a family premier plan.
| Annual cost to employee | Annual cost to employer | Total annual cost | |
| Active employee city of Memphis family premier plan | $3644.88 | $8504.72 | $12149.60 |
| Active employee Shelby county Cigna OAP (PPO)family | $3972 | $9252 | $13,224 |
| Retired city of Memphis employee, family plan any age, premier plan | $3644.88 | $8504.72 | $12149.60 |
| Retired Shelby county employee over 65, medicare supplement plan | $1363.20 | $3180.96 | $4544.16 |
Shelby county over the years has gotten most of their retirees on Medicare and are furnishing only a supplemental medicare plan which is costing a lot less than the city and accounts for much of the difference in their unfunded OPEB liability compared to the City of Memphis.