HomeMy WebLinkAboutResolution - 2019-R0346 - Texas Master Welfare Benefit Plan - 09/24/2019 Resolution No. 2019-RO346
Item No. 6.29
September 24, 2019 RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the following amendments are hereby made to the City of Lubbock, Texas Master
Welfare Benefit Plan, summary Plan description and related documents established under Resolution
No. 2017-RO476 dated December 18, 2017:
1. Under Article V, Section 5.2(b), Limits on Salary Reduction Amount Elected, the
employees' maximum annual salary reduction to the Health Flexible Spending
Account is amended from $2,650 to an amount equal to the current annual
allowable contribution limits established by the Internal Revenue Service and may
be amended from time to time.
2. Under Article V, Elections, 5.2(c), Limits on Salary Reduction Amount Elected,
the employees' maximum annual salary reduction to the Dependent Care FSA is
amended from $5,000 to an amount equal to the current annual allowable
contribution limits established by the Internal Revenue Service.
Passed by the City Council this September 24, 2019
t
DANIEL M. POPE, MAYOR
ATTEST:
-D-P A
Rebe ca Garza, City Secretai
APPI OV D.AS TO CONTENT:
f..
Leisa Hutchelson, Director of Human Resources
and Risk Management
APPROVED AS TO FORM:
h . Irte, first istant City Attorney
ccdocs/RES.Update FSA
September 10,2019
Resolution No. 2019-R0346
City of Lubbock
Texas Master Welfare Benefit Plan
Plan Amendment No. 1
This Amendment to the City of Lubbock Texas Master Welfare Benefit Plan Document
(the "Plan Document") restated on January 1, 2018, is executed on this, the )4,1, day of
September, 2019, to be effective January 1, 2020.
The City of Lubbock Master Welfare Benefit Plan and Summary Plan Description Article
V, Election, 5.2, Limits on Salary Reduction Amount Elected, (b) is hereby changed to
state:
(b) Health FSA. The minimum amount that you may elect to salary reduce
under the Health FSA for the Plan Year is $100 and the maximum amount is no
more than the annual IRS maximum contribution limit.
The City of Lubbock Master Welfare Benefit Plan and Summary Plan Description Article
V, Election, 5.2, Limits on Salary Reduction Amount Elected, (c), iii), is hereby changed
to state:
iii) an amount such that the portion You elect to salary reduce in any Calendar
Year (which may be different from the Plan Year) is no more than the annual IRS
maximum contribution limits based on married filing a joint federal tax return, or
married filing a separate federal income tax return.
Daniel M Pope, Mayor
ATTEST:
"Que 1;4zz� ) �
Rebec a Garza, City Sec tar
APPROV D AS TO CONTENT:
Leisa Hutcheson, Director Human Resources
and Risk Management
PP ED ASFORM:
c i Sa terve ut , First Assistant City Attorney