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6.3.B. - Page2 <br /> The plan will be funded by the employee's accrued vacation leave and sick leave <br /> payout (or a portion of it) effective June 1, 2011 to May 31, 2012. Amendments to the <br /> plan may be made annually. <br /> ALTERNATIVES <br /> The City Council approved the Memorandum of Understanding with IAFF that requires <br /> implementation of a VEBA. An alternative is not available. <br /> FISCAL IMPACT <br /> There is no cost to the City to implement this plan. <br /> ATTAC H M E N TS <br /> 1. Resolution <br /> 2. Retiree Welfare Benefits Plan <br /> 3. Administrative Services Agreement <br /> � � � <br /> � � �- <br /> �� <br /> CAROLYN MCLAURIN <br /> STAFF ORIGINATOR <br /> GARY ROGERS <br /> INTERIM HUMAN RESOURCES DIRECTOR <br /> ROBERT B. BELL <br /> CITY MANAGER <br />