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HomeMy WebLinkAboutCC RES 2014-83RESOLUTION NO. 2014 83 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AMENDING THE EMPLOYER VANTAGECARE RETIREMENT HEALTH SAVINGS PLAN; WHEREAS, the City of Palm Desert first adopted a Retiree Health Savings Plan in August 2005; and WHEREAS, the employer as employees rendering valuable service; and WHEREAS, the City desires to limit its post -retirement medical liabilities; and WHEREAS, the City met and conferred with the Palm Desert Employees Organization to introduce a defined contribution plan for funding post -retirement medical expenses for employees hired after January 1; and WHEREAS, the establishment of a retiree health savings plan for such employees serves the interests of the employer by enabling it to provide reasonable security regarding such employees' health needs during retirement, by providing increased flexibility in its personnel management system, and by assisting in the attraction and retention of competent personnel; and WHEREAS, the employer has determined that ICMA Vantagecare Retirement Health Savings Plan, as amended, serves the above objectives; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Palm Desert, California, adopt the attached restated City of Palm Desert IRS Section 125 Cafeteria Plan; and PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert City Council, held on this 25th day of Septenibia, 2014 by the following vote, to wit: 9th October AYES: BENSON, BARNIR, SPIEGEL, WEBER, and TANNER NOES: NONE ABSENT: NONE ABSTAIN: NONE VAN G. TANNER, MAYOR ATTEST: City of Palm Desert, California