EGBERT, Elk Grove Benefits Employee Retirement Trust, was established in July of 1995 with the goal of providing post-retirement health insurance benefits to qualifying employees of the Elk Grove Unified School District for many years to come. This trust is jointly managed by both District labor and management representatives.
Due to the reality that retiree health care premiums are projected to continue to rise sharply, a “pay-as-we-work” contribution model was agreed to by all bargaining units. To help offset this cost, the employee groups have agreed to pay a monthly contribution toward the continuation of the active employee benefit package. Current retirees also have a monthly contribution for this benefit. The level of benefits provided by EGBERT will at all times be dependent on the assets currently in the trust fund, the contributions committed to be paid into the trust fund, and the current and projected costs of providing benefits.
For more information www.egbertbenefits.com
9297 Office Park Circle
Elk Grove, CA 95758
Phone: (916) 684-7120