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/w <br /> .„ , � i, <br /> 1350�N[mu,StreeE �i <br /> C' lerviCCe,'M9d5'S'038 <br /> l%', <br /> 65I 4143232 or r<xX,651 429-8629 <br /> March 21, 2019 <br /> Honorable Mayor and City Council <br /> 1880 Main Street <br /> Centerville, MN 55038 <br /> Dear Mayor and Council: <br /> City staff has explored several supplemental insurance plans to help offset out-of-pocket <br /> costs associated with high-deductible health care plans which have been introduced over <br /> the past few years. These plans were not specifically listed in the City's Personnel <br /> Policy, but qualify as pre-tax deductions and qualifying programs under IRS Code <br /> Section 125, regulating Cafeteria Plans. <br /> Below are the proposed revisions to the Personnel policy to allow employees to take <br /> advantage of these offerings after they have purchased the core benefits. New language <br /> is underlined. These new offerings do not affect the value of the cafeteria plan offered by <br /> the city (currently $1090/month). They simply offer more options to choose from with <br /> those dollars. <br /> 11.2 Cafeteria Plan <br /> The City will contribute an amount, designated on an annual basis by action of the <br /> City Council, to the Employee for use in the City's benefit Plan. Employees are <br /> required to choose at least the core benefit plan, which are: single health insurance, <br /> single dental coverage, short-term disability and term life insurance. Any balance <br /> remaining after the required core benefits have been purchased may be used in any <br /> authorized area of the plan, such as: <br /> (A) The purchase of additional health, dental, life, disability, long term care, <br /> Accident, Critical Illness, Hospital Confinement, Cancer/Specified-Disease <br /> or Vison Care insurance offered through the City's plan; <br /> (B) Contribution to an authorized Health Care Savings Account to the extent <br /> permitted by applicable law; <br /> 52 <br />