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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
Creation date
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 /> <br />live Pre. Tax Contributions <br /> <br />8. Irrevocable Election for Pre-Tax Contributions from Compensation: A one-time, irrevocable election of <br />th;e amount of Employer contributions of compensation made on his or her behalf. <br /> <br />The Employer limits the amount elected to either a fixed percentage or a range of percentages of an <br />Employee's earnings <br /> <br /><J % of ~arnings (as defined in VI.A.1.) or up to 100 <br />VIA1) for the Plan Year. <br /> <br />% of earnings (as defined in <br /> <br />~~wly eligible Employees shall be providedan elect/C)" window of ~b days (no more than 60) <br />from the,date of initial eligibility during which they may make the election to contribute. Contributions <br />may begin no earlier than the calendar month following the end of the election window. <br /> <br />If the Employee does not make the election in the year of initial eligibility, the election to contribute may <br />.' be made in a later year. An annual election window of (,,0 days (no more than 60) shall be <br />provided during which the election may be made. The election window shall run from JOc..t ,_ to <br />~O\l. '2-.i-- (insert your annual time frame for the election window). Contributions may oegin no ear- <br />lier than the calendar year following the year of the election. <br /> <br />Once made, the election is irrevocable and may not be revoked. <br /> <br />~. Irrevocable Election for Pre-Tax Contributions of Accrued Leave: A one-time, irrevocable election of <br />'the amount of employer contributions of Employee accrued <br /> <br />~iCk rn<acation ~her Co~ ~~ (describe) leave made on his or her behalf. <br />llYYes 0 No <br /> <br />The Employer limits the ?mou~telec!ed a? sh.owp below: _ . <br />. S\e...k \.Q.o..ve Cm\...1;nI..u...\'\',hf\ ~s. (\Wlt+eJi to Qo.CG."\Jd ~ o.wi. ~5e-rv,c..e. <br />~~r'tL'bMC; ^l~l.n~d l~ ~ ~)\(, ~lC'iL~~bV~ ~l':lU+ ,?C\\c't, <br /> <br />Newly eligible Employees shall be provided an election window of <00 days (no more than 60 <br />calendar days) from the date of initial eligibility during which they may make the election to contribute. <br />Contributions may begin no earlier than the calendar month following the end of the election window. <br /> <br />If the Employee does not make the election in the year of initial eligibility, the election to contribute may <br />be made in a later year. An annual election window of bO days (no more than 60 calendar <br />days) shall b~ orovider1 during which the election may be made. The election window shall run from <br />''DC..tL to _Ned ~ "l::!l. (insert your annual time frame for the election window). Contributions may <br />begin no earlier than the calendar year following the year of the election. <br /> <br />Once made, the election is irrevocable and may not be revoked. <br /> <br />'~. Annual Prospective Election for Pre-Tax Contributions of Leave: An annual, irrevocable election to <br />have his or her 0 sick lY"Vacation 0 other (describe) leave to be accrued in the next <br />calendar year contributed to the Plan on his or her behalf. <br /> <br />13 <br />
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