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2004-07-28 WS & CC Meeting
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2004-07-28 WS & CC Meeting
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<br />11.2 Cafeteria Plan <br /> <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 Cafeteria Plan. Employees are <br />required to choose at least the core benefit plan, as defined in the City's Cafeteria <br />Plan document. Any balance remaining after the required core benefits have been <br />purchased may be used in any authorized area of the plan, such as: <br /> <br />(A) The putchase of additional life, disability, or long term care insutance offered <br />through the City's plan; <br /> <br />(B) Contribution to an authorized flexible spending account; <br /> <br />(C) Contribution to an Employer sponsored deferred compensation (457) <br />program. <br /> <br />(D) Or, the Employee may elect to receive the balance in taxable income. <br /> <br />11.3 Continuation of Benefits <br /> <br />Health Plans: Employees will be allowed to continue health and dental insurance <br />coverage upon termination in accordance with Minnesota Continuation laws and! or <br />federal COBRA regulations. Certain "qualifying" events trigger an Employee's <br />and! or dependents' right to continuation coverage. <br /> <br />Termination or Reduction: Generally, an Employee and his or her dependents are <br />allowed to continue coverage for a period of eighteen (18) months when one of the <br />following qualifying events OCCuts: <br /> <br />· A reduction in the Employee's work houts (including strikes or <br />layoffs); or <br />. Voluntary or involuntary termination of the Employee for reasons <br />other than gross misconduct. <br /> <br />Divorce, Separation, Death: Iu the instance of divorce, legal separation or death <br />of the Employee, a spouse and! or dependent child may continue coverage until: <br />· Coverage is obtained under another group plan; or <br />· Until coverage would otherwise end under the plan, such as the City <br />terminating their group coverage for all Employees. <br /> <br />Life Insurance Benefits: Generally, if an Employee loses coverage through <br />termination of employment or reduction in houts, s!he has a right to continue group <br />life insutance benefits for a period of eighteen (18) months from the loss of the <br />coverage date. <br /> <br />26 <br />
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