My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
R2009-100 ESTABLISHING RETIREMENT HEALTH SAVINGS PLAN
COD
>
City Clerk
>
RESOLUTIONS
>
2009
>
R2009-100 ESTABLISHING RETIREMENT HEALTH SAVINGS PLAN
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/13/2015 11:58:55 AM
Creation date
10/13/2015 11:58:50 AM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
R2009-100
Res Ord Title
ESTABLISHING RETIREMENT HEALTH SAVINGS PLAN - ICMA RETIREMENT CORPORATION VANTAGECARE
Department
City Manager
Approved Date
6/15/2009
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
32
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Plan# 803093 <br /> Agreement. Execution,delivery, and performance of this Agreement will not conflict with <br /> any law,rule,regulation or contract by which the Employer is bound or to which it is a party. <br /> (d) Information required to be retained by the Employer shall be set forth in the RHS plan <br /> materials developed by ICMA-RC and provided to the Employer. <br /> (e) Employer is responsible for determining that there are no state or local laws that would <br /> prohibit it from establishing ICMA-RC's VantageCare RHS program. Employer is also <br /> responsible for deternuning that the investments selected for the RHS plan fall within <br /> state/local requirements. <br /> (� Employer acknowledges that the RHS plan may be treated as a "health plan" for Health <br /> Insurance Portability and Accountability Act ("HIPAA") purposes and therefore may be <br /> subj ect to HIPAA privacy rules.If it is deternuned that the RHS plan is considered a"health <br /> plan", an employer sponsoring RHS would be responsible for complying with the HIPAA <br /> privacy and security rules regarding protected health information of RHS plan participants. <br /> ICMA-RC has procedures in place to safeguard the protected health information of RHS <br /> plan participants. <br /> 4. Participation in Certain Proceedin�s <br /> The Employer hereby authorizes ICMA-RC to act as agent,to appear on its behalf, and to join the <br /> Employer as a necessary party in all legal proceedings involving the garnishment of benefits or the <br /> transfer of benefits pursuant to a medical child support order. Unless Employer notifies ICMA-RC <br /> otherwise, Employer authorizes ICMA-RC to determine whether disbursement of benefits to a <br /> former spouse, spouse or child pursuant to a medical child support order is appropriate. <br /> 5. Compensation and Pa� <br /> (a) Absent an explicit agreement to the contrary between ICMA-RC and Employer,participant <br /> fees and expenses shall be payable from RHS assets,in accordance with the requirements of <br /> the RHS Plan as set forth below. <br /> (i) Employer with ICMA-RC §401 and §457 retirement plan average participant <br /> account balances of$25,000 or more: <br /> A $30 annual account fee will be charged to each Accountholder's account upon <br /> attainment of Benefit Eligibility by the Accountholder. Benefit Eligibility shall <br /> be transmitted electronically to ICMA-RC by Employer through the EZ Link <br /> System. <br /> Benefit Eligibility shall mean the quarter in which the Accountholder becomes <br /> eligible to use of the account for reimbursement of inedical expenses under the <br /> - 4 - <br />
The URL can be used to link to this page
Your browser does not support the video tag.