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Retirees to pay more for benefits

May 31, 2006|by TIFFANY ARNOLD

Retirees of Hagerstown Community College will pay more for their health benefits, after the college's Board of Trustees made several changes to employee benefits during a special meeting May 2.

Employees also will have more years to wait until they are eligible for retirement benefits.

The changes take effect July 1, according to documents provided at the board's regularly scheduled meeting Tuesday.

Employees now will have to wait 10 years before they can receive retirement benefits, instead of a five-year minimum, said Guy Altieri, the college's president. Employee co-payments for generic, formulary and nonformulary drugs went from $8, $16 and $26, respectively, to $10, $20 and $35, HCC spokeswoman Beth Stull said.

Altieri said the board needed to increase health-care costs in order to remain competitive with other Maryland community colleges, which he said already had been charging employees more for health-care benefits.

No faculty members were present at the meeting, Altieri said, nor was there any other public comment on the matter. Stull said employees were notified of the changes May 17 at a forum and did not object to the changes.

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