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COUNCIL MEMORANDUM <br /> #2013-03 <br /> DATE: February 26, 2013 <br /> TO: Honorable Mayor Michael T. McElroy and City Council <br /> FROM: Ryan P. McCrady, City Manager <br /> Gerard J. Bauer, Assistant City Manager <br /> SUBJECT: Amendment to Firefighters' Post Employment Health Plan Agreement <br /> SUMMARY RECOMMENDATION: Staff recommends that City Council approve the attached <br /> resolution authorizing an amendment to the Fire Fighters' Post Employment Health Plan <br /> Participation Agreement with Nationwide Retirement Solutions, Inc. <br /> BACKGROUND: Per the current collective bargaining agreement between the City of Decatur <br /> and the International Association of Fire Fighters (IAFF) Local 505, the City participates in the <br /> Post Employment Health Plan (PEHP) sponsored by Nationwide Retirement Solutions, Inc. <br /> (NRS) for the benefit of the bargaining unit members. This program sets aside money annually <br /> for Fire Fighters to use after retirement to pay unreimbursed medical expenses. <br /> In the Fall of 2011, the PEHP advisory committee voted to designate Nationwide Trust <br /> Company, FSB, an affiliate of Nationwide Retirement Solutions, to serve as the successor <br /> trustee to Bank of America for the Nationwide Post Employment Health Plans. <br /> The change in trustee required changes to the trustee references in Section 10 of the City's <br /> Employer Participation Agreement for the Nationwide PEHP. Additionally, changes have been <br /> made to Sections 11 and 12 to reflect current program operations. Nationwide has requested <br /> that the attached amendment reflecting these changes be approved by all program participants, <br /> including the City of Decatur. <br /> POTENTIAL OBJECTIONS: There are no known objectors to this requested action. <br /> INPUT FROM OTHER SOURCES: None. <br /> STAFF REFERENCE: Questions regarding the amendment should be directed to Jerry Bauer, <br /> Assistant City Manager, at 424-2801 or jbauer[c�decaturil.gov. <br /> BUDGETITIME IMPLICATIONS: This change will have no budgetary impact on the City, and <br /> will take effect at the time the amendment is fully executed. <br /> attachments <br /> 1. Resolution approving Amendment to Agreement <br /> 2. Amendment to Participation Agreement <br /> 3. PEHP Trust Document <br />