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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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( <br /> - B. No SurvFlag Spome ar Surdving Dependmq . ' <br /> If [here are no living apouse or dependenra u[he time of de¢th of t6e Participant, the nccount will revert m r6e Plan w <br /> be applied a apedfied in Sec[ion VIII. <br /> RII. The Plan wlll operare aaording m the following ptovisiooe� <br /> A. Employer Bespo°dbilldss <br /> 1. The Empbya will su6anit aR VanssgeCa�e Retuweot Halth Savings Phn contnbution data via dxtronic s�bmiamon. <br /> 2. 'ILe Employa will submic ell VanrageCare R»�+-T•-c Halth Savinga Plan Participan� antua updaua or pasonal <br /> information updaaa via el�ctronic submiuion. This includu bu[ u noc limited ro[ermination noti6ra[ion and <br /> benefit digIbility notificuioa <br /> & Partidpanc account administration aad aarco-bued Faa will be paid [hmugh rhe iedemption of Puticipant ucomt <br /> ahara, unlao agreed upoa othawiu in the Adminisaaave Services Agmmenc <br /> C. Aesignment of benefin is m� pumttted. Benefiq will be paid only w che Participany his/her Survivon, rhe <br /> � Employe , or an inaucance provider (u allowed by tLe daima adminisrramr). Paymenu w an chird P°Y°� <br /> (ag.. medical servia pmvider) are not pecmittcd wirh the aceptina of rcimbumemmt w rhe Employer or inauana <br /> provider (as allowed by [he claima adminiauamr). <br /> D. An eligibk dependmc ie che Partidpanta lewful apouse and any ot6er individual w6o ia a persoa dexribed in IRC <br /> S«tion 152(a), u dariSed by Incemal Revenue Servia Norim 2004-79. <br /> E. The Employer will be naponu1�k for wi�6holdiog, rcpocring and remittinB a�ry appli<abk caaa for paymenrs which <br /> are deeroed m be diaaiminacory under IRC Satioa 105(A), as oudiaed in the VanageCare Retiremwt Hakh <br /> Savings Plan Employer Menual. <br /> ��� RIII•EmP�oyerAeicnowledBmems <br /> A. T6e Employu 6ereby arknowledges ic undersnnda t6at failurc ro propedy fill ouc thu Employr VanugeCare <br /> Retiremmt Hcal[h Savinga Plan Adop[ioo Agrcemmt may result in t6e loss of tu eremption af rhe'Crust and/ar loss <br /> of ra: deferred eraw for Employer coaaibuuona <br /> B. Q Check rhis boz if you arc indadinB �PPocting documenra [hu indude plan provisiom. <br /> EMPLOYBR SIGNATURB � <br /> �� r�,�� iS_� � X D�: /I- O 3/ I <br /> /� . <br /> Titk: l'. 1� r mn �n i� a�P,i/� <br /> � Attate Date: <br /> Tide� <br /> Accepced: VANl}�GEPOINT7RANSFERAGENTS, LLC <br /> � ���� <br /> nasicmn� seaemiy; tcMn-xc � <br /> / <br /> \ � a. i � .�., } �. � � �,. �. �: a. a ' �. y� f <br /> � ^"� fii��1k'Mf� ��� �e �Nd " S t � � T6"a' T'":'']���".�t„y£v�..T``���� (�CS'� '" � ,ffi` i�+3��� .m <br /> �� �y�S•` t � i" � � � j �i�''�yt '`n £ `�� }�`4 Z su'� � *" ��'� ' � t 2� i ` � � � p'+a a 13' 4�.� b*"i il� '..F.i ��� 5� <br /> w`ro `z f r ' .- a TM+_ e, � s, �,�, � yt i w� �b �^ �.�^d a k I- v r Y'r`s,'F¢ ' ��'n�� r.i'o-x ` i , �+'�LQ` ` `k�v ` k.� <br /> -�4-.:,r a� _-? _ ° ..,,,_,._].,.,,. {.? tf _'�a_*. �rn �...�, ..�..�+.....,. , ; �...i " � S .. }� ^ � �',:°! <br /> ti <br /> ,.a_.f.�a _..F �Y. >� ....1.....v?'JT_& ✓? ? t" . _ <br />
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