Reso 1998-031 to 035 - Laserfiche WebLink

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2. San Leandro Management Organization Effective March 1, 1996, the City will establish an IRS 125 Plan (cafeteria benefit plan) which will provide the following elements: 1. Pretax payments of employee contribution toward premium; 2. Medical Care Flexible Spending Account up to a $1,000 maximum per benefit plan year; 3. Dependent Care Flexible Spending Account up to a $5,000 maximum per benefit plan year; 4. A "Core Flex" medical plan; 5. A payment of One Hundred Fifty and no/100 Dollars ($150.00) per month for employees electing not to enroll in the medical and dental plans OR a payment of One Hundred and no/100 Dollars ($100.00) per month for electing not to enroll in the medical plan only. Effective Auger* '� 1, ! January 1, 1998, the City will contribute the following monthly amounts toward the election of benefits in the plan: Employee $292.26 par fneath $134.80 Employee Plus One 340.39 ^er- -rent $269.59 Employee Plus Family-434.56 per r $358.56 Employees electing to enroll in the CaliforniaCare HMO or Blue Cross Prudent Buyer Plan will be required to contribute the difference between cost of the premium for the Kaiser Plan and the actual cost of the medical plan premium. Such employee contribution will be on a pre-tax basis as specified above. 3. San Leandro City Employees Association Effective March 1, 1996, the City will establish an IRS 125 Plan (cafeteria benefit plan) which will provide the following elements: 1. Pretax payments of employee contribution toward premium; 2. Medical Care Flexible Spending Account up to a $1,000 maximum per benefit plan year; 3. Dependent Care Flexible Spending Account up to a $5,000 maximum per benefit plan year; 4. A "Core Flex" medical plan; 5. A payment of One Hundred Fifty and no/100 Dollars ($150.00) per month for employees electing not to enroll in the medical and dental plans OR a payment of One Hundred and no/100 Dollars ($100.00) per month for electing not to enroll in the medical plan only. 20