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<br />~GENERAL BENEFITS <br /> <br />GENERAL BENEFITS <br /> <br />This is a brief description of benefits available to eligible employees. The descriptions provided <br />here are not intended to be comprehensive and all questions regarding eligibility and benefit <br />levels should be directed to your supervisor so the specific plan documents can be reviewed for <br />an answer. The plan documents govern any inconsistencies between these documents and the <br />information provided here. Benefits and eligibility requirements are subject to change, and such <br />changes may not be reflected in this description. <br /> <br />The City expects to offer its benefit plans for the foreseeable future, but it reserves the right, in <br />its sole discretion, to change, modify or eliminate them at any time, except to the extent <br />prohibited by law. <br /> <br />INSURANCES <br /> <br />Various insurance policies, induding group medical insurance, may be available for eligible City <br />employees and their dependents. The eligibility requirements and benefits provided are specified <br />in materials provided by the respective insurance carriers. The respective carriers may have <br />different requirements concerning the eligibility of employees. The requirements of the <br />respective carrier will govern eligibility. <br /> <br />Under some circumstances, eligible employees and their dependents may have the option of <br />continuing coverage under certain City employee insurance plans for a limited time at the <br />employee's own expense when coverage would otherwise end. This continuation right is <br />provided in accordance with COBRA (Consolidated Omnibus Budget Reconstruction Act of <br />1985) and applicable state law. Contact the Human Resource Department f~r .aMiti'?llal... ..rD;i~;---Fh;;;;;~~o;~;~_---_mml <br />information. <br /> <br />DEFERRED COMPENSATION <br /> <br />The City provides eligible employees the opportunity to participate in a Deferred Compensation <br />Plan. This is a voluntary plan that allows employees to place a portion of their earnings into a <br />pre-tax deferred investment program. Contact the 1-Iuman Resourct<, I?ePlll1:rn.~Ilt f'?!. illfortIlati()Il...... r';~Fh;;;;~~ -------------1 <br />on this plan. <br /> <br />FLEXIBLE BENEFITS PLAN (Section 125) <br /> <br />The City offers a plan in which a portion of an eligible employee's pay can be set aside, pre-tax, <br />to cover certain estimated health care and day care costs. This contribution is deducted from <br />gross wages and is reimbursed to the employee upon proof of the medical or day care expenses. <br />The employee must expend all the money contributed to the flexible benefit plan or lose it. For <br />additional information on this plan, contact the..n!lrn_l!Il,RC?~_l?ur~_ep~Partl11ellt____ .____.w____j <br /> <br />. j Deleted: Finance <br />l...................................................-...---......... <br /> <br />_mmmJ <br /> <br />22 <br />