07-10008r
RESOLUTION NO.10008
RESOLUTION AUTHORIZING AMENDMENT TO THE
CITY OF RICHFIELD HEALTH CARE AND DEPENDENT DAY CARE
FLEXIBLE SPENDING ACCOUNT PLAN
WHEREAS, the City of Richfield previously adopted the City of Richfield Health
Care and Dependent Day Care Expense Reimbursement Plan (Plan) January 1, 1991; and
WHEREAS, the City of Richfield desires to amend and restate such Plan as
presented to the City Council.
NOW, THEREFORE, BE IT RESOLVED that the City of Richfield Health Care and
Dependent Day Care Expense Reimbursement Plan be amended, restated and adopted to
include the following stated change effective January 1, 2008:
. The Plan shall make available to eligible employees the health savings account (HSA)
benefit on a pre-tax basis.
. A limited health reimbursement account shall be established with a maximum coverage
amount of $4,000 and minimum coverage of $260.
BE IT FURTHER RESOLVED that any authorized persons of the City are hereby
authorized to make such contributions from the funds of the City as are necessary to carry
out the provisions of said Plan at any time; and
BE IT FURTHER RESOLVED that in the event any conflict arises between the
provisions of said Plan and the Employee Retirement Income Security Act of 1974
(ERISA) or any other applicable law or regulation (as such law or regulation may be
interpreted or amended), the City shall resolve such conflict in a manner which complies
with ERISA or such law or regulation.
Adopted by the City Council of the City of Richfield, Minnesota this 13th day of
November 2007.
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ATTEST:
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Nancy GibbS~ ~~erk