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55B - RESO AND AGMT - RETIREE HEALTH SAVINGS PLAN
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11/28/2011
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55B - RESO AND AGMT - RETIREE HEALTH SAVINGS PLAN
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Last modified
1/3/2012 3:37:35 PM
Creation date
11/23/2011 1:08:08 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Personnel Services
Item #
55B
Date
11/28/2011
Destruction Year
2016
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2.10 "Retiree" means any individual who, while in the service of the Employer, was considered to be in a legal employer- <br />mphwec t.I,n iottsltip with the Employer for federal withholding tax purposes, and who was part of the classification of <br />tnPloVee, designated as covered by the Employer's VantageCare Retirement Health Savings Plan. <br />2.11 "Spouse" means the Participant's lawful spouse as determined under the laws of the state in which the Participant has <br />ii, priniat v place of residence. All other defined terms in this Plan shall have the meanings specified in the various Articles of <br />hr Plot in which they appear. <br />ARTICLE III <br />Eligibility <br />i.uh Retiree xcho meets the eligibility requirements outlined in the Employer's VantageCare Retirement Health Savings Plan <br />,hall be eligible to participate in this Plan. <br />ARTICLE IV <br />Amount of Benefits <br />4.01 Annual Benefits Provided by the Plan <br />r.a. h Participant shall be entitled to reimbursement for his documented, Eligible Medical Expenses incurred during the Plan <br />rear in an annual amount not to exceed the account balance of the Participant in the Employer's VantageCare Retirement <br />Iealth S:nings Plan. <br />4.02 Cost of Coverage <br />h. _-xpcwk of providing the benefits set out in Section 4.01 shall be contributed as outlined in the Employer's VantageCare <br />RetnCmcnt Health Savings Plan. <br />ARTICLE V <br />Payment of Benefits <br />5.01 Eligibility for Benefits <br />Fach Panicipant in the Plan shall be entitled to a benefit hereunder for all Eligible Medical Expenses incurred by the <br />Pan mpant on or after the Entry Date of his or her participation (and after the effective date of the Plan), subject to the <br />limitations contained in this Article V, regardless whether the mental or physical condition for which the Participant makes <br />application for benefits under this Plan was detected, diagnosed, or treated before the Participant became covered by the Plan. <br />In (,tart u3 be eligible for benefits, the Participant must meet the benefit eligibility criteria outlined in the Employer's <br />Manage( :.3rc Retirement Health Savings Plan Adoption Agreement. <br />:1 I'.nt i, Want who becomes totally and permanently disabled (as defined by the Social Security Administration) will become <br />unntcdi.neh eligible to receive medical benefit payments frorn the Plan. Pursuant to Section 9.02 and Employer's VantageCare <br />I ecmement Health Savings Plan Adoption Agreement, the surviving Spouse and Dependents shall become immediately <br />; ligihle o receive or to continue receiving medical benefit payments from the Plan upon the death of the Participant. <br /> <br />t <br />55B-16
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