02-49
RESOLUTION NO. 02-49
A RESOLUTION OF THE CITY OF CLEARWATER,
FLORIDA, EXPRESSING AN INTENT TO ESTABLISH
FLEXIBLE SPENDING ACCOUNTS PROVIDING FOR
ADDITIONAL BENEFITS FOR CITY OF CLEARWATER
EMPLOYEES IN ACCORDANCE WITH SECTION 125 OF
THE INTERNAL REVENUE CODE, WHILE MAINTAINING
THE CURRENT "CITY OF CLEARWATER PREMIUM
PAYMENT PLAN" IN ACCORDANCE WITH SECTION 125
OF THE INTERNAL REVENUE CODE; DIRECTING CITY
STAFF TO IMPLEMENT THE COMMISSION'S INTENT;
PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Clearwater desires to continue to recognize the
contributions made to the successful operations of the Employer by its Employees and
to reward those contributions by continuing to provide a cafeteria plan for those
employees who now or may hereafter qualify for participation therein; and
WHEREAS, eligible Employees of the Employer have been entitled to participate
in the benefits plan entitled "City of Clearwater Premium Payment Plan" that provided
the cafeteria plan benefits as allowed under Section 125 of the Internal Revenue Code
in the form of a Premium Only Plan; and
WHEREAS, the City deems it advisable and in the best interest of the
Participants to continue the provisions of the "City of Clearwater Premium Payment
Plan" for the Premium Only Plan and adopt additional provisions in order to expand the
offerings as allowed under Section 125 of the Internal Revenue Code to include
Flexible Spending Accounts for Unreimbursed Medical Expenses (Section 105) and
Dependent Care Coverage (Section 129); now, therefore,
BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF CLEARWATER, FLORIDA:
Section 1. The City Commission hereby expresses an intent to adopt additional
provisions in order to expand the offerings as allowed under Section 125 of the Internal
Revenue Code to include Flexible Spending Accounts for Unreimbursed Medical Expenses
(Section 105) and Dependent Care Coverage (Section 129), on a voluntary, payroll-deductible,
pre-tax basis. City staff are directed to implement this intent by having prepared either
amendments to the existing Plan or documents establishing a new Plan, as appropriate, and by
collecting enrollment forms and payroll deduction agreements for the new offerings during the
open enrollment period, to the extent allowed by tax law and regulation,
Resolution No. 02-49
Section 2. This resolution shall take effect immediately upon adoption.
o
PASSED AND ADOPTED this 17th day of
October
,2002.
Brian J. Aun9
Mayor-Com issioner
Approved as to form:
Attest:
ia E. Goudeau
lerk
Leslie K. Dougall- Id s
Assistant City Attorney
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Resolution No, 02-49