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CITY OF REDWOOD CITY FLEXIBLE BENEFITS PLAN INTRODUCTION We are pleased to announce that we have established a "flexible benefit plan" for you and other eligible employees. Under this program, you will be able to choose among certain benefits that we make available. The benefits that you may choose are outlined in this summary plan description. We will also tell you about other important information concerning the Plan, such as the rules you must satisfy before you can join and the laws that protect your rights. One of the most important features of our Plan is that the benefits being offered are generally ones that you are already paying for, but normally with money that has first been subject to income and Social Security taxes. Under our Plan, these same expenses will be paid for with a portion of your pay before Federal income or Social Security taxes are withheld. This means that you will pay less tax and have more money to spend and save. Read this summary plan description carefully so that you understand the provisions of our Plan and the benefits you will receive. You should direct any questions you have to the Administrator. There is a plan document on file which you may review if you desire. In the event there is a conflict between this summary plan description and the plan document, the Plan document will control. Also, if there is a conflict between an insurance contract and either the plan document or this summary plan description, the insurance contract will control. I ELIGIBILITY 1. When Can I Become a Participant in the Plan? Before you become a member or a "Participant' in the Plan, there are certain rules which you must satisfy. First, you must meet the "eligibility requirements." After that, the next step is to actually join the Plan on the "entry date" that we have established for all employees. You will also be required to complete certain application forms before you can enroll in the Health Care Reimbursement Plan or Dependent Care Assistance Account. 2. What Are the Eligibility Requirements for Our Plan? You will be eligible to join the Plan once you have satisfied the conditions for coverage under our group medical plan. 3. When Is My Entry Date? Once you have met the eligibility requirements, your entry date will be the first day of the pay period coinciding with or following the date you met the eligibility requirements. 4. Are There Any Employees Who Are Not Eligible? Yes, there are certain employees who are not eligible to join the Plan. They are: -- Employees who are Casual or part-time. A Casual or part-time employee is someone who works, or is expected to work, less than 20 hours a week. 5. What Must I Do to Enroll in the Plan? Before you can participate in the Plan, you must complete an enrollment form to participate in the Plan. The enrollment form includes your personal choices for each of the