HomeMy WebLinkAbout18334 - RESOLUTIONS - 2/16/1994 RESOLUTION NO. 18334
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
CALIFORNIA, APPROVING IRS SECTION 125 FLEXIBLE SPENDING
ACCOUNTS AND ADMINISTRATIVE SERVICES FOR THE PERIOD
APRIL 1, 1994 THROUGH MARCH 31, 1995
WHEREAS Section 125 of the Internal Revenue Code allows '
for the establishment of Flexible Spending Accounts for
the payment of medical/dental insurance contributions,
medical/dental expenses and child/dependant care
expenses, pre-tax; and
WHEREAS a Task Force which consisted of representatives
from each of the City employee bargaining unit has
recommend that Colonial Life and Accident: Insurance
provide optional supplemental insurance programs,
available to employees at no cost to the City; and
WHEREAS the Task Force has recommended that
BenefitAmerica, Inc provide for the monthly
administration of the individual employee accounts, at
no cost to the employee for the period April 1, 1994
through March 31, 1994.
NOW THEREFORE BE IT RESOLVED that the City Council of the
City of Palm Springs, California does hereby approve the
following:
1. Model Plan Documents for Premium Only Accounts,
Medical Reimbursement Accounts and Dependent Care
Reimbursement Accounts; ,
2 . An Administration Agreement with BenefitAmerica, Inc.
for the monthly administration of the flexible spending
accounts at no cost to the City or it's emplo,Yees for the
period April 1, 1994 through March 31, 1995;
3 . The City Manager is authorized to execute all
necessary documents as may be required for the
implementation of the program, in a form reviewed and
approved by the City Attorney.
APPROVED this 16th day of February , 1994 .
AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Mayor Maryanov
NOES: None
ABSENT: None —��
ATTEST: CI' Y �SN r, ALIFORNIA
_City Clerk City Man lager
REVIEWED & APPROVED _4L
I � LJ