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4.9. SR 12-21-2015Template Updated 4/14 Request for Action To Mayor and City Council Item Number 4.9 Agenda Section Consent Meeting Date December 21, 2015 Prepared by Lauren Wipper, Human Resource Representative Item Description Amend and Restate the City’s Flexible Benefits Plan Reviewed by Cal Portner, City Administrator Reviewed by Action Requested Approve, by motion, a resolution amending and restating the city’s Flexible Benefits Plan effective January 1, 2015. Background/Discussion When the City’s Flexible Benefits Plan was designed for Plan year 2015, we added a provision to allow employees to opt out of our dental coverage as long as they had dental coverage elsewhere. While we followed this practice, an Amendment to the Plan had not been adopted. This resolution is amending and restating our Flexible Benefits Plan, effective January 1, 2015, when we began allowing dental opt- out. Financial Impact There is no financial impact. Attachments  Resolution amending and restating the city’s Flexible Benefits Plan effective January 1, 2015.  Amendment to the City of Elk River Flexible Benefits Plan Resolution 15-____ A Resolution of the City of Elk River to Amend and Restate the City’s Flexible Benefits Plan WHEREAS, the City of Elk River previously adopted the City of Elk River Flexible Benefits Plan (“Plan”) on June 6, 1988, to permit eligible Employees to elect to receive a portions of their compensation as regular taxable income or as nontaxable payment of the Employee’s premium for Employer-sponsored insurance and for reimbursement of the Employee’s Health Care Expenses and Dependent Care Expenses; and WHEREAS, the Plan has continued in force at all times since its effective date; and WHEREAS, the most recent revision and restatement of the Plan was January 1, 2014; and WHEREAS, the City of Elk River desires to amend and restate the Plan to incorporate a provision to allow eligible Employees to Opt-out of Employer-sponsored dental insurance. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota, as follows: The City of Elk River Flexible Benefits Plan be amended and restated effective January 1, 2015. Passed and adopted this 21st day of December 2015. John J. Dietz, Mayor ATTEST: Tina Allard, City Clerk 1 AMENDMENT TO CITY OF ELK RIVER FLEXIBLE BENEFITS PLAN BY THIS AMENDMENT, the City of Elk River Flexible Benefits Plan (herein referred to as the “Plan”) is hereby amended as follows: 1. AUTHORITY AND SCOPE. This Amendment is being made pursuant to the Plan sponsor’s general authority to amend and modify the Plan. 2. WORDS AND PHRASES. The words and phrases used in this Amendment are intended to have the same meaning as the same defined terms used in the Plan. 3. CORE BENEFITS. The Plan is hereby amended, effective January 1, 2015, to provide that single coverage under the Group Dental Benefits is not a Core Benefit for Employees who provide to the Employer proof of coverage under another dental insurance plan. 4. SUPERSEDING EFFECT. The provisions contained herein shall apply notwithstanding any language in the Plan to the contrary. IN WITNESS WHEREOF, this Amendment has been executed this ________ day of ______________, 2015. City of Elk River By