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HomeMy WebLinkAboutCC RES 06-035RESOLUTION NO. 06-35 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA AMENDING RESOLUTION NO. 99-60, ADOPTING PROVISIONS CONTAINED IN THE ATTACHED FLEX CREDITS AMENDMENT DOCUMENT "EXHIBIT A". WHEREAS, the City of Palm Desert has met and conferred in good faith with the Palm Desert Employees Organization (PDEO) in accordance with the Meyers-Milias- Brown Act and the City employer - employee relations Resolution No. 81-89; and WHEREAS, the City of Palm Desert has reached agreement with the employees represented by the Palm Desert Employees Organization, for the period July 1, 2001 through June 30, 2006. WHEREAS, the modification to the Cities Cafeteria Benefit Program "EXHIBIT A" has been agreed to between the Palm Desert Employees Organization and the City of Palm Desert. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Palm Desert, Califomia, adopt the attached amendment to its cafeteria plan document in accordance with the Internal Revenue Code Section 125. PASSED, APPROVED AND ADOPTED by the City Council this 9th day of March, 2006, by the following vote to wit: AYES: BENSON, CRITES, KELLY, SPIEGEL, and FERGUSON NOES: NONE ABSENT: NONE ABSTAIN: NONE .._150,6USON, Mayor ATTEST: .C' RACHELLE D. KLASSEN, City Clerk City of Palm Desert, California RESOLUTION NO. 06-35 ffiIBIT A CITY OF PALM DESERT FLEX CREDITS ADDENDUM DEFINITIONS 1.211 Flex Credits or "Nonelective Contribution(s)"— Those dollar amounts which an Employee may allocate to obtain benefits. 1.212 Flex Plan Credit Allocation Worksheet — An agreement between an Employee and the Employer under which the Employer reduces the Employee's current salary and the Employer contributes the amount of the reduction to the plan on behalf of the Employee, as a before -tax contribution. The Flex Plan Credit Allocation Worksheet will be in a form which permits the Employer to reduce the Employee's current salary and contribute the amount of the reduction to the Plan on behalf of the Employee. The Flex Plan Credit Allocation Worksheet will apply only to the amounts of the Employee's pay that have not been actually or constructively received as of the date the worksheet is completed. Any amounts so elected will not become currently available to the Employee. The amount of the salary reduction elected by the Employee will be deemed to be an Employer contribution for purposes of the Code. ELECTION OF BENEFITS 1.213 The benefits available under the Plan for a give Plan Year are as listed pn the Plan Sponsor's "Flex Plan Schedule of Mandatory And Optional Benefits" form which is prepared by the Plan Sponsor prior to the beginning of each Plan Year. Each Employee who elects to participate completes his elections for a Plan Year on a Flex Plan Credit Allocation Worksheet form. The maximum Flex Credits will be determined at the discretion of the Plan Sponsor prior to the commencement of each Plan Year and will be uniformly applicable to all Employees. All such amounts will be subject to review and final approval by the City's Council members. The Employer reserves the right to reduce the amount of the Employee's Flex Plan Credit Allocation Worksheet in order to assure compliance with the requirements of the Internal Revenue Code for favorable tax treatment. NOTE: If a Employee enrolls other than at the beginning of a new Plan Year, his Flex Plan Credit Allocation Worksheet election maximums will be prorated based on the number of months he is actually participating in the Plan. BENEFITS 1.214 To the Extent allowed by the Plan Sponsor's "Flex Plan Schedule of Monthly Credits By Family Size" for a given Plan Year, an Employee may apply his Flex Credits toward any of the benefits listed in the Plan Document. Flex Credits will be used for premium payments for coverage during the Plan Year under the Employer's welfare benefit plans (i.e., medical, dental, and vision coverages). Premium payments will be made directly by the Employer to the plan(s). Benefits will be payable pursuant to the terms of the respective coverages (policies, etc.). NOTE: Only the costs of coverages of such type which the Plan Sponsor offers pursuant to this Plan will be eligible for this benefit. H:\CUENTSPalm Desert'200116 ARAC\Flex credits Addendurndoc