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Ord 2367
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Ord 2367
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Last modified
10/11/2019 2:48:48 PM
Creation date
10/11/2019 2:48:46 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Ordinance
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
9/12/2011
Description
ORDINANCE NO. 2367 AN ORDINANCE OF THE CITY OF REDWOOD CITY AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF REDWOOD CITY AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM FOR THE MISCELLANEOUS SAFETY GROUPS The City Council of the City of Redwood City does ordain as follows: Section 1. That an amendment to the contract between the City Council of the City of Redwood City and the Board of Administration, California Public Employees' Retirement System is hereby authorized, a copy of said amendment being attached hereto, marked Exhibit A, and by such reference made a part hereof as though herein set out in full. Section 2. The Mayor of the City Council is hereby authorized, empowered and directed to execute said amendment for and on behalf of the Agency
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1 <br /> X. Permiulbk Medial BeneGt Paymeou <br /> BeneSo digible for reimbursement wnaist o£ <br /> �AII Medid Fzpensa eligibk under IRC Section 213' otha tlun direa long-eerm �are tipmm, end including <br /> non-prcxtiption medirationa allowed under IRS guidanoe. <br /> ❑ The following Medial Etpauea (adat only �he ecpwsa you wuh m cover under the VanmgeCam Re�immenc Hnleh <br /> $avit� Plao): <br /> ❑ Medir�t Insurnce Piemiuwa <br /> ❑ Medinl Ouo-of-Porket Fsprnaes` <br /> ❑ Mediam Put B lnawance Premiuma <br /> ❑ Medirue Patt D Insurana Pamiwus <br /> ❑ Medic9re Supplemenmf Iatucana premiuma <br /> ❑ P�escripvon Drug Insurance Premium� <br /> p cosxn i,��« r�;� <br /> ❑ n�a �« r�;� <br /> ❑ Denol Ouc-of-Pa�Cet Fzpeaua• <br /> ❑ Y�sion Inawana Pcemiuma <br /> ❑ V'uion Ouo-of-Pocka Fspentp• <br /> ❑ Qualified Long-Term Care Inaunnm Praniums <br /> ❑ Non-Ptesaiption medications �Ilowed under 1RS guidanm• <br /> / ❑ 0 � 9����8 medical acpense (daaibe)' <br /> l `Sn Saaion V.A. fcr a dia�oion afnondimimiriation rula mbir/� map aPP�Y m non-roAraively bas�inr� a�inmrrd P/mu. <br /> XI. Heaefiu After tLe DearL of tLe Paceieipaat <br /> In the event of a Pu[idpmtb dnth. the following shall apPly: <br /> A. Socviving Spoo�e aud/or Sotviving Dcpeodmts <br /> T6e surviving apouse and/or surviving digible dependenu (ss de6ned in S«doa XII.D.) of the decrued Parridpanc arc <br /> immediatdY digble m maiunin rhe account and uriliu it m fund digibk medinl 6rnefirs cpedGed in S«rion X sbove. <br /> Upon uo[i6cation of a Partidpant e deuh, the Pucicpan['s accounc bala�e will be «ansfentd imo tlte Vantagepoint <br /> Money Maiket Pmd' (or another fund sdecoed by the EmP�oyer). The accoturc balnn« may be rnllocattd by �he <br /> surviving spouae or depwdenrs. <br /> •Plaare rrsd dx tlassne VintedrpuineMrewl £+mdtP�O+P�� ° m irrtatiig. M inw�qnmtin tbir�Gmd ir neitbn <br /> iiuund norausranu�dmdtbs�s an br nearurmue dwt dxFrmdwill beab4 ro marnuin ambk nrts.wsm/w oftL00pn i5me. <br /> Vi�dryainsMrtutlFunG m Ainribua/bylCMA.RCSrrvrra LLC, a wlullywwnedbroker-&a/nsJfilisu ofICMA Rrpmnsnt <br /> Corporation. MnqqbnF7NRA/SIPG <br /> [f a Patcicipsnla a«ount balance 6u aot been fiilly utilizcd upon the death of the digible spouce, the accoun[ balanre <br /> may condnue ro be utilized to pry benefita of eligible depeodmu. Upon the dath of ell eligbk depmdenra, the <br /> account will revett w cEe Plan m be applied u apedfied in Section VIII. <br /> � <br /> '-� �� � _,`�. . �� ., . . �`� .� ��.� � �,� - � -���" _.'.� ., , � � <br />
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