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HomeMy Public PortalAboutORD14268 BILL NO. 2007-92 • SPONSORED BY COUNCILMAN Brown ORDINANCE NO. /4 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 14116. BE IT ENACTED BY THE COUNCIL OF THE CITY OF JEFFERSON, MISSOURI, AS FOLLOWS: Section 1. Section 3.5 of the City's Flexible Benefit Plan, as originally adopted by ordinance 12181, as most recently amended by ordinance 14116, is hereby amended as follows: 3.5 Employer Contributions. The Employer shall make available to each Participant an Employer Contribution equal to $6&2$424.78 per month,funded at$--94$212.39 per pay period for each of the first two regular pay periods of each month during the Plan Year. This $38&2 $424.78 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 $36-2 $424.78 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 Ordinance14116, is hereby amended as follows: Section 3. In addition to the Employer contributions specified in ExhibitA the City shall underwrite premiums for health insurance for spousecoverage in the amount of two humdred twenty none dollars two hundred fifty-eight dollars and thirty-eight cents ($258.38) per month, for children coverage in the amount of two hundred sixteen del 6)two hundred thirty-eight dollars and fifty cents($238.50) per month, and for family coverage in the amount of four hundred ninety-nine dollars and eighteen cents ($499.18) per month. f Section 3. This Ordinance shall be in full force and effect from and after the date of its passage and effect January 1, 2008. Passed: &t 2 Approved: �� 1`7. �D 7 P in Officer or- ATTEST: APPROVED AS TO FORM: City Clerk City Counselor I I il �r •