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INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION (ICMA) (CITY MANAGER) 1C -2015
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INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION (ICMA) (CITY MANAGER) 1C -2015
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Last modified
8/24/2022 11:45:33 AM
Creation date
5/14/2015 10:28:05 AM
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Contracts
Company Name
INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION (ICMA) (CITY MANAGER)
Contract #
A-2015-023
Agency
PERSONNEL SERVICES
Council Approval Date
1/20/2015
Expiration Date
1/20/2020
Insurance Exp Date
6/30/2023
Destruction Year
2025
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IX. Eligibility Requirements to Receive Medical Benefit Payments from the VantageCare Retirement Health Savings Plan <br />A. A Participant is eligible to receive benefits: <br />❑ At retirement only (also complete Section B.) <br />Definition of retirement: <br />❑ Same as Section VII.B. <br />❑ Other <br />® At separation from service with the following restrictions <br />® No restrictions <br />❑ Other <br />B. Termination prior to general benefit eligibility: In case where the general benefit eligibility as outlined in Section <br />IKA includes a retirement component, a Participant who separates from service of the Employer prior to retirement <br />will be eligible to receive benefits: <br />0 Immediately upon separation from service <br />❑ Other <br />C. A Participant that becomes totally and permanently disabled <br />❑ as defined by the Social Security Administration <br />91 as defined by the Employer's primary retirement plan <br />❑ other <br />will become immediately eligible to receive medical benefit payments from his/her VantageCare Retirement <br />Health Savings Plan account. <br />D. Upon the death of the Participant, benefits shall become payable as outlined in Section XI. <br />X. Permissible Medical Benefit Payments <br />Benefits eligible for reimbursement consist of: <br />® All Medical Expenses eligible under IRC Section 213* other than (i) direct long-term care expenses, and (ii) <br />expenses for medicines or drugs which are not prescribed drugs (other than insulin). <br />❑ 1he following Medical Expenses eligible under IRC Section 213* other than (i) direct long-term care expenses, and (ii) <br />expenses for medicines or drugs which are not prescribed drugs (other than insulin). Select only the expenses you wish to <br />cover tinder the VantageCare Retirement Health Savings Plan: <br />❑ Medical Insurance Premiums <br />❑ Medical Out -of -Pocket Expenses* <br />❑ Medicare Part B Insurance Premiums <br />❑ Medicare Part D Insurance Premiums <br />
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