HomeMy WebLinkAbout2003-012-01.06.2003 rr
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This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
tr Street, Waterloo, Iowa.
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hi P !T' RESOLUTION NO. 2003-12
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0 � RESOLUTION APPROVING POST EMPLOYMENT HEALTH
1-41 PLAN FOR CITY OF WATERLOO EMPLOYEES .
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�� H 03 c On the 6th day of January, 2003, the following resolution was
LT;adlopted by the City Council of the City of Waterloo, Iowa:
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(-0 IN THE MATTER OF ADOPTING THE POST EMPLOYMENT HEALTH PLAN FOR
_,ibBLIC EMPLOYEES (PEHP) FOR THE EMPLOYEES OF THE CITY OF WATERLOO.
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s < WHEREAS, a Post Employment Health Plan for Public Employees
has been established for eligible public employees, pursuant to
r section 501 (c) (9) of the Internal Revenue Code permitting such
4plans; and
WHEREAS, the City of Waterloo wishes to contribute funds, on
behalf of its eligible employees, to meet its employees' post
employment health care needs and expenses; and
WHEREAS, under the PEHP program, Nationwide Retirement
Solutions (NRS) will provide administrative services in exchange
for a fee as agreed upon by the Employer and Nationwide Retirement
Solutions .
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF WATERLOO AS
FOLLOWS :
The City Council of the City of Waterloo, Iowa meeting in
regularly scheduled session, this 6th day of January, 2003 , hereby
adopts this PEHP program on behalf of the eligible employees of
the City of Waterloo.
The officers and employers of the City of Waterloo are hereby
authorized to execute, on behalf of the eligible employees of the
City of Waterloo, a participation agreement with Nationwide
Retirement Solutions, authorizing Nationwide Retirement Solutions
to act as the Administrator of the Plan and the agent of the
Employers, and other such agreements and contracts as are
necessary to implement the program.
PASSED AND ADOPTED this 6th day of January, 2003 .
John off, Mayor
ATTEST:
Nancy Ecke , City Clerk