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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 /> EMPLOYER VANTAGECARE RETIREMENT HEALTH SAVINGS (RHS► PLAN <br /> ADOPTION AGREEMENT <br /> Plan Number. 8(�3 a��5 Check onc ❑ Ncw Plan � endmwt m Paisung Plan <br /> Employer Retiremrne Hea Snvings Plsn Name: ^ . <br /> L HmployvNama l.l�u D�d 4it�rr� 1���, Snra <br /> II. T6e Bmployer hereby attesu tl�at h b a mh of a state or loea[ governmrnt or an agenry or iarvommnliry of ine <br /> or mo�e miu of a stnm or loeal govemmw� <br /> 111. 8ffeccive Date of eLe Plan: <br /> N. The Emplqer intead� ro urlllze tAe T M fopd dy i 16re bme6n punuant to rLa followiag welfare beuefit <br /> plm(s) e�nblis6ed by tLe HmPloyen _ Od ��� <br /> V. ElipWe Groope, Participation aad ParticiPsn� F�i�bilit7 RM°"�mmts <br /> A. Elig�'hle Gtoupe <br /> The kllnwing group or gmups of Faiploym ue eligiWe ro paztidpam in ihe VantageCam tt...v........t Hm(th Savinga <br /> Plan (check all applicable bara): <br /> ❑ � �P�3'� <br /> ❑ All Pull-Time PmP�oyen <br /> ❑ Non-Union Employees <br /> ❑ p"� ��9 �P��Y� — Pbli« <br /> C ❑ PubGc Safery Employus — Fre6ghtcrs <br /> ❑�� /Gmaal EmP��Y� /� n <br /> L�'7 V�IGe4'S� f't"SSOcie.�7Df1 � �� <br /> �y �ther (specify group(a)) <br /> The Empbyee group(a) ape�5ed must wrcupond ro a group(a) of the same designazioo that is defined in [he emnua, <br /> otdinsnca, nilu. regdatiom, penonnd manuala or aha documwu or provisions in effxt in rhe stare or locality of <br /> [he Employer. <br /> B. Partidpation <br /> Mandacory Partieipatlaui All Employeea in die cnve�ed group(s) ue required w puricipaa in <br /> the Plan and a6al! recave wnaibuuons punuan[ w Sxtion VI. <br /> IF[he Employeri mdulying welfue beneSc plan or funding under [hie VnnngeCa�e Nt�ircmen� Hcal�h Savinga l'lan i� in <br /> w6ole or part a mn-collec[ivtly ba�ined. tdf-innued plan, �he mndiuriminarion rcquiremenn of Interml Revenue Code <br /> (IRC) Seaion ]OS (h) will apply. 1'hese rukc wy impose raxarion on the 6enefin ccceived by highly compcmated individuals <br /> if tAe Plan disaiminaas in 6vor of highly mmpensaed individuals in cerma af eligibiliry w benefin. The Employer ahould <br /> dim�cv tlieae n�la wich appropriate counael. <br /> C. PunaPantEltgibilhpBe4airemeau <br /> 1. Minimum aavice: The minimum period of service rcquired for par[icipuion is �Q (wri[e N/A ff no <br /> minimum service ia requi�ed). <br /> 2. Minimum age: T6e minimum age requieed for digibiliry m parcidpaoe is �(vvriu N/A if no minimum <br /> age is a9uire�• <br /> � <br /> s 2 - <br /> r ti" . : y r t� �" s i a n , � T :� <br /> � � � * n . r f� i .� r � r f <br /> �;' � ' �? � i x � K t 9' a � ' � � �i t '.a � x <br /> . . ._. _. ..ta�.°'.:f.. ,.. . . . _ _i._ ,.. . . _ _ z' . .:. .� .. ..a �.� 3 � � � . <br />
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