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R92-18 APPROVING PLANS AND AUTHORIZING AGREEMENTS - SECTION 125 CAFETERIA PLANS
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R92-18 APPROVING PLANS AND AUTHORIZING AGREEMENTS - SECTION 125 CAFETERIA PLANS
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7/25/2016 11:08:35 AM
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Resolution/Ordinance
Res Ord Num
R92-18
Res Ord Title
APPROVING PLANS AND AUTHORIZING AGREEMENTS - SECTION 125 CAFETERIA PLANS
Approved Date
2/17/1992
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� . ADMINISTRATIVE FLEXTBLE SPENDING ACCOUNT II AGREEMENT <br /> : � ' This Agreement made by and between Fort Dearborn Life Insurance <br /> Company ("FDL") and Citv of Decatur ("Plan Sponsor") . <br /> WITNESSETH AS FOLLOWS: <br /> WHEREAS the Plan Sponsor has established a Flexible Spending <br /> Account for Eligible Employees; and <br /> WHEREAS the Employer desires to retain FDL to provide certain <br /> services with respect to its Flexible Spending Account ("FSA") ; <br /> NOW THEREFORE, in consideration of these premises and the mutual <br /> promises and agreements set forth, the parties hereto hereby agree as <br /> follows: <br /> I. Effective Date, Agreement Period and Definitions <br /> A. This Agreement shall be effective as of O1J01/92 . <br /> B. The first Agreement Period shall be the period from the <br /> effective date of this Agreement to midnight, 12/31/92 . <br /> C. This Agreement shall be continued automatically, for <br /> successive �Agreement Periods of one year each unless <br /> discontinued in accordance with Section IX hereinbelow. <br /> D. "Plan" shall mean the Flexible Benefit Plan established <br /> by the Employer and described in �he Plan Document <br /> attached to this Agreement. <br /> E. "Eligible Employee" means an employee of the Employer <br /> who is eligible and elects to participate for the <br /> coverage provided by the Plan. <br /> F. "Dependent" means a dependent of an Eligible Employee <br /> defined in the Plan for which coverage has been elected <br /> by the Eligible Employee under the Constituent Plan. <br /> FSA-16-1189 <br /> � 1 <br /> s <br />
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