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AgdaPkt 2003-03-24
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AgdaPkt 2003-03-24
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Last modified
10/24/2017 11:45:13 AM
Creation date
3/20/2003 3:13:44 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Agency Type
City Council
Date
3/24/2003
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C-lC -/7 <br />APPENDIX A <br />QUALIFIED BENEFITS <br />The following Qualified Benefits have been made available to the Employees of the City of Redwood <br />City under the Flexible Benefit Plan. <br />1. Plan Name: Premium Contribution Plan <br />Funding: Funded through contributions by the City and through elective pre -tax <br />contributions from regular salary and/or wages. Administration fees <br />funded by the City's general operating funds. <br />Maximum: None <br />2. Plan Name: Medical Expense Reimbursement Plan <br />Funding: Funded through contributions by the City and through elective pre -tax <br />contributions from regular salary and/or wages. Administration fees <br />funded by the City's general operating funds. <br />Maximum: $666.67 a month ($8,000 each Plan Year) <br />Plan Name: Dependent Care Assistance Plan <br />Funding: Funded through contributions by the City and through elective pre -tax <br />contributions from regular salary and/or wages. Administration fees <br />funded by the City's general operating funds. <br />Maximum: $5,000 ($2,500 if married and filing separately) <br />14 <br />
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