My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
25D - AGMT - EMPLOYEE INSURANCE
Clerk
>
Agenda Packets / Staff Reports
>
City Council (2004 - Present)
>
2016
>
08/16/2016
>
25D - AGMT - EMPLOYEE INSURANCE
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/11/2016 4:35:22 PM
Creation date
8/11/2016 3:56:12 PM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Agency
Personnel Services
Item #
25D
Date
8/16/2016
Destruction Year
2021
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
54
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Plan cumber 803237 <br />ADMINISTRATIVE SERVICES AGREEMENT" <br />This Agreement, made as of the 28 day of November 2011 (herein referred <br />to as the "Inception Date "), between Tltc lnternational City Management Association <br />Retirement Corporation ( "ICMA -RC "), a nonprofit corporation organized and existing <br />under the laws of the State of Delaware; and the City of Santa Ana ('Employer ") a local <br />governmental instrumentality organized and existing under the laws of the State of <br />California with an office at 20 Civic Center Plaza, Santa Ana 92701. <br />RECITALS <br />Employer acts as a public plan sponsor for a retiree health plan with responsibility to <br />obtain investment alternatives and services for employees participating in that plan; <br />Employer desires to make the VantageCare Retirement Health Savings Plan ( "RHS Plan" <br />or "Plan ") provided by ICMA -RC available to its employees; <br />ICMA -RC makes available the Vantagepofi t Funds, a no -load, diversified mutual fund, <br />for investment of public employer plan assets, including R14S Plan assets; <br />ICMA -RC provides a complete offering of services to public employers for the operation <br />of employee retirement and retiree health savings plans including, but not limited to, <br />communications concerning investment alternatives, account maintenance, account <br />record - keeping, investment and tax reporting, form processing, benefit disbursement and <br />asset management. <br />AGREEMENTS <br />1. Acceptance of RHS Plan <br />Employer agrees to make the RHS Plan provided by ICMA -RC available to its <br />employees. The details of the RI-IS Plan shall be as mutually agreed between the <br />Employer and ICMA -RC, and in general shall be as set forth in the RHS Plan materials <br />developed by ICMA -RC and provided to Employer. The RHS Plan materials are hereby <br />incorporated by reference and made a part of this Agreement, except that Employer and <br />ICMA -RC may from time to time mutually agree in writing to terms that vary from the <br />RHS Plan materials. RHS plan materials shall include the VaretageCare RHSErnployer <br />Manual, available electronically through the EZ Link System upon plan adoption. <br />The functions to be performed by ICMA -RC and its agents include: <br />(a) allocation in accordance with participant direction of individual accounts to <br />investment funds ('Funds ") made available to Plan participants; <br />(b) maintenance of individual accounts for participants reflecting amounts <br />contributed, <br />25D -39 <br />
The URL can be used to link to this page
Your browser does not support the video tag.