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HomeMy Public PortalAboutORD14725 BILL NO. 2010-66 SPONSORED BY COUNCILMAN Koon i ORDINANCE NO. AN ORDINANCE OF THE CITY OF JEFFERSON, MISSOURI,AMENDING SECTION 3.5 OF THE FLEXIBLE BENEFIT PLAN FOR CITY EMPLOYEES AS ORIGINALLY ADOPTED BY ORDINANCE 12181, AS MOST RECENTLY AMENDED BY ORDINANCE 14417. BE IT ENACTED BY THE COUNCIL OF THE CITY OF JEFFERSON, MISSOURI, AS FOLLOWS: Section 1.Article III, Section 3.5 of the City's Cafeteria Plan Documents, as originally adopted by ordinance 12181, as most recently amended by ordinance 14417, is hereby amended as follows: 3.5 Employer Contributions. The Employer shall make available to each Participant an Employer Contribution equal to $494.08 $425.33 per month, funded at$202.04 $212.66 per pay period for each of the first two regular pay periods of each month during the Plan Year. This$484:88$425.33 is available only if the employee either elects coverage under one of the Employer sponsored health plans or provides evidence of health care coverage from another source. Any remaining funds in excess of the insurance cost, up to$404-98$425.33 may be used to purchase other benefits available pursuant to Section 4.1. The Employer contribution is not considered as part of the employee's full compensation and is not available to the employee as cash. Section 2. Section 3 of Ordinance No. 12181, enacted by Council on November 15, 1994, and which was previously last amended by Ordinance 14417, is hereby added as Section 3.7 of Article III, of the City's Cafeteria Plan Documents as follows: 3.7 Dependent Contributions. In addition to the Employer contributions specified in Exhibit A the City shall underwrite premiums for health insurance for spouse coverage in the amount of twe hURdFed fu., nine ,anus... and ten nnnts ($2-69.10) o hundred sixty-six dollars and thirty-three cents ($266.33) per month, for children coverage in the amount of two hundred fifty n n dellnro and thirty SIX eRts 6) two hundred sixty-four dollars and twenty-eight cents ($264.28) per month, and for family coverage in the amount of five hundred °l° ellaFs and four Gents ($511.04) five hundred thirty-four dollars and sixty-one cents ($534.61) per month. Section 3. This Ordinance shall be in full force and effect from and after January 1, 2011. / ' y Passed:&,;�- 7, %// Approved: Presjdl Officer Mayor ATTEST-' APPROVED AS TO FORM: r ! IC C crk City Counsclor