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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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Plan number 803237 <br />contributed, <br />income, gain, or loss credited, and amounts disbursed as benefits; <br />(c) provision of periodic reports to the Employer and participants of the status of Plan <br />investments and individual accounts; <br />(d) communication to participants of information regarding their rights and elections <br />under the Plan; <br />(e) disbursement of benefits as agent for the Employer in accordance with terms of <br />the Plan; and <br />(t) performance of tax withholding and reporting in conjunction with the Employer <br />for each RHS account. <br />2. Employer Duty to Furnish Information <br />Employer agrees to furnish to ICMA-RC on a timely basis such information as is <br />necessary for ICMA-RC to carry out its responsibilities with respect to the Plan, <br />including information needed to allocate individual participant accounts to Funds, and <br />information as to the benefit eligibility and employment status of participants, and <br />participant ages, addresses, beneficiaries and other identifying information (including tax <br />identification numbers). ICMA-RC shall be entitled to rely upon the accuracy of any <br />information that is furnished to it by a responsible official of the Employer or any <br />information relating to an individual participant, dependent, or beneficiary that is <br />furnished by such participant, dependent, or beneficiary, and ICMA-RC shall not be <br />responsible for any error arising from its reliance on such information. ICMA-RC will <br />provide account information in reports, statements or accountings. <br />3. Certain Representations and Warranties <br />ICMA-RC represents and warrants to Employer that: <br />(a) ICMA-RC is a non-profit corporation with full power and authority to enter into <br />this Agreement and to perform its obligations under this Agreement. <br />(b) ICMA-RC is an investment adviser registered as such with the Securities and <br />Exchange Commission under the Investment Advisers Act of 1940, as amended. <br />ICMA-RC Services, LLC (a wholly owned subsidiary of ICMA-RC) is registered <br />as a broker-dealer with the Securities and Exchange Commission (SEC) and is a <br />member in good standing of the National Association of Securities Dealers, Inc. <br />Employer represents and warrants to ICMA-RC that: <br />( c ) Employer is organized in the form and manner recited in the opening paragraph of <br />this Agreement with full power and authority to enter into and perform its <br />55B-7
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