16-11177r RESOLUTION NO. 11177
RESOLUTION AMENDING THE CITY COUNCIL POST EMPLOYMENT HEALTH CARE
SAVINGS PLAN
WHEREAS, Laws of Minnesota 2001, chapter 352.98, authorizes the Minnesota
State Retirement System (MSRS) to offer a Post Retirement Health Care Savings Plan
(Plan) program to state employees, as well as other governmental subdivisions; and
WHEREAS, the Internal Revenue Service Code provides for such Plans; and
WHEREAS, the City of Richfield is interested in offering the Plan to eligible City
employees as a tax free method for employees to set aside money to cover the ever
increasing costs of health insurance and medical costs after termination of public
employment; and
WHEREAS, such plans must be established by the employee group, either through
a collective bargaining agreement for union employees or a personnel policy for
employees not covered by a collective bargaining agreement; and
WHEREAS, modifications to the provisions of an established Plan for the Richfield
City Council have been agreed to by the members of the City Council.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Richfield hereby approves amending the Personnel Policy establishing a Health Care
Savings Plan for the City Council employees.
Adopted by the City Council of the City of Richfield, Minnesota this 26th day of
January 2016.
bebbie Goettel, Mayor
ATTEST:
CO)
Elizabeth VanHoose, City Clerk