Loading...
Resolution 5539 - Authorizes City Participation in State VEBA Program• RESOLUTION AUTHORIZINGOF KALISPELL TO PA. STATE OF MONTANA VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION HEALTH REIMBURSEMENT ACCOUNT PROGRAM ALSO KNOWN AS "MONTANA .. WHEREAS, Section 501(c)(9) of the Internal Revenue Code authorizes the creation of a Voluntary Employees' Beneficiary Association which is a tax-exempt health and welfare trust and such trust is authorized to provide benefits to members including a self -insured medical reimbursement plan as authorized in Internal Revenue Section 105; and WHEREAS, the State of Montana Department of Administration has established such plan known as "The State of Montana Voluntary Employees' Beneficiary Association Health Reimbursement Account" also known as "MONTANA VEBA HRA"; and WHEREAS, the MONTANA VEBA HRA will accept for participation eligible Employers who properly complete a State of Montana Health Reimbursement Account and Trust Employer Adoption Agreement, and who agree to abide by the terms of such agreement and to the terms of the MONTANA VEBA HEALTH REIMBURSEMENT ACCOUNT and Trust. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. Effective January 1, 2012, the City of Kalispell, Montana hereby elects to participate in the State of Montana Voluntary Employee Beneficiary Association Health Reimbursement Account as presently constituted or hereafter amended and hereby makes the plan available to eligible employees. SECTION II. The Plan will be funded by City of Kalispell, Montana contributions. Non - represented employees shall qualify for participation for such contributions upon adoption of this resolution. Represented employees shall qualify for participation when collective bargaining agreements or memorandums of understanding provide for such contributions. SECTION III. The proper officers of the City of Kalispell, Montana are authorized and directed to take such actions as are necessary to effectuate this resolution. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 5TH DAY OF DECEMBER, 201• . Tammi Fisher ATTEST: Mayor Theresa White City Clerk