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Reso 2006-995
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Reso 2006-995
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Last modified
5/9/2011 4:32:55 PM
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5/9/2011 4:32:37 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2006-995
Date (mm/dd/yyyy)
10/19/2006
Description
Agmt w/ICMA: Voluntary Participation in Vantagecare RHS Plan.
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<br />If the empployee is already eligible for health benefits through the RHS plan, his/her account will not be consid- <br />ered de minimis regardless of the balance. Likewise, if the employee dies or is disabled, no de minimis payment <br />will be made. <br /> <br />If you wish to name a lower de minimis account value, or if you do not wish to include a de minimis feature <br />from our RHS program, check the appropriate box in Section XII. <br /> <br />o The de minimis account value shall be $5,000 or less. <br /> <br />o The de minimis account value shall be $ <br />less. <br /> <br />(insert dollar amount between $0 and $5,000) or <br /> <br />o The Plan shall not allow de minimis account distributions. <br /> <br />XIII. Other Provisions - This section defines other provisions of the RHS Plan, including: <br /> <br />o RHS Plan administration must be accomplished via ICMA-RC's EZ Link System. <br /> <br />o RHS Plan fee payment. <br /> <br />o Employer responsibilities for tax reporting and remitting. <br /> <br />After you have completed the Adoption Agreement, it should be signed (and executed, if required by your state <br />or local law), and returned to ICMA-RC with the other documents in this booklet. <br /> <br />Questions regarding completion of the Adoption Agreement can be directed to your ICMA-RC Retirement Plans <br />Special ist. <br /> <br />10 <br />
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