Loading...
RES-10150 Adopting Restated Orange City Flexible Benefits PlanRESOLUTION NO. 10150 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE APPROVING AND ADOPTING A RESTATED CITY OF ORANGE FLEXIBLE BENEFITS PLAN AND APPROVING A HEALTH AND WELFARE BENEFITS ADMINISTRATION SERVICES AGREEMENT WITH TRI- AD ACTUARIES, INC.WHEREAS, beginning with a flexible benefits plan originally effective on November 1, 1988, the City of Orange has previously adopted and administered a flexible benefits plan qualifying as a "Cafeteria Plan" within the meaning of Section 125 of the Internal Revenue Code of 1986, as amended, for the purpose of allowing its employees to choose among different types of health, dependent care and other related benefits based upon their own particular goals, desires and needs;WHEREAS, the City Council of the City of Orange (City Council) desires to amend and restate its flexible benefits plan to recognize the contribution made to the City by its employees by providing benefits for those employees who qualify under the proposed City of Orange Flexible Benefits Plan and their dependents and beneficiaries;WHEREAS, the City Council desires to approve and adopt the proposed City of Orange Flexible Benefits Plan, including a Dependent Care Flexible Spending Account and Health Flexible Spending Account, effective January I, 2007, in the form presented at this meeting (the Plan);WHEREAS, the City Council further desires to enter into that certain Health and Welfare Benefits Administration Services Agreement with Tri-Ad Actuaries, Inc. to carry out the administration of the Plan on behalf of the City.NOW, THEREFORE, the City Council of the City of Orange does hereby resolve as follows:I. The Plan in the form presented at this meeting is hereby approved and adopted effective January 1, 2007.2. The Mayor is hereby authorized and directed to execute, and the City Clerk to attest, one or more counterpart originals of the Plan and, thereafter, to deliver or cause to be delivered to the Administrator a counterpart original of 3. The officers and employees of the City are authorized and directed, jointly and severally, to do any and all things necessary or advisable in order to effectuate the purposes of this Resolution and to administer the City's obligations, responsibilities and duties to be performed hereunder, including, but not limited to, notifying the employees of the City of the adoption of the Plan by delivering, or causing to be delivered, to each employee a summary description of the Plan in such form as the Personnel Director (or his designee) determines appropriate. 4. The Health and Welfare Benefits Administration Services Agreement (the Agreement) by and between the City and Tri-Ad Actuaries, Inc. (the Administrator) to carry out the administration of the Plan on behalf of the City in the form presented at this meeting is hereby approved and the Mayor is authorized to execute, and the City Clerk to attest, the Agreement in one or more counterparts.5. The Administrator is hereby authorized and instructed to take such actions that are deemed necessary and proper in order to implement the Plan, and to set up adequate accounting and administrative procedures to provide benefits under the Plan, all in accordance with the Agreement.ADOPTED this 12th day of December, 2006 ATTEST:I, MARY E. MURPHY, City erk of the City of Orange, California, do hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council ofthe City of Orange at a regular meeting thereof held on the 12th day of December, 2006, by the following vote: AYES: NOES: ABSENT: ABSTAIN:COUNCILMEMBERS: Murphy, Cavecche, Dumitru, Bilodeau COUNCILMEMBERS: None COUNCILMEMBERS: Smith COUNCILMEMBERS: None V!:::;; tl/Mary ;~rP(y, CityClerk,-- Gi