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1 10 <br />il lZU <br />ZTA :L#141bAll 9�1_11 *3 t L41 N Z,L <br />1. Describe the participation requirements /restrictions for the Plan —including <br />any requirements between and among different employee groups? An <br />acceptable response is the maximum permitted by law. <br />2. Describe the contribution requirementsirestdctions for the Plan (e.g., <br />minimums, maximums, only funds converted upon termination of <br />employment). An acceptable response is the maximum permitted by law. <br />3. How long does it tale to confirm receipt of the employer contribution; of an <br />individual investment election? <br />f <br />If 4. Describe the requirements /restrictions regarding expenses eligible for <br />reimbursement under the Plan (e.gh, specific expenses). An acceptable <br />response is the maximum required by law. <br />5. Describe the requirements /restrictions regarding when employees may begin <br />to submit for reimbursement (e.g., reaching a certain age, upon passage of a <br />partoar period of time, as soon as funds deposited in account) and how <br />payments are made (e.g., reimbursement back to employee by cheep, <br />reimbursement back to employee through direct deposit* payment directly to <br />provider). Specifically describe (a) whether your system provides direct <br />deposit for insurance premium reimbursement payment to an individual's <br />personal bank account, and (b) whether you can reimburse the City directly for <br />retired employee's monthly health insurance premium when the coverage is <br />provided by the city? if not please explain. <br />6. Describe ghat happens to the assets in an account following the employee's <br />death (e.g., COBRA,, alternative in lieu of COBRA, beneficiary, allocation <br />among other city employees in the investment vehicle, allocation among other <br />City employees in the same bargaining group). Are acceptable response is the <br />maximum permitted by law. <br />7. Describe the requirements /restrictions regarding the definitions of spouse and <br />eligible dependents for purposes of reimbursement under the Plan. <br />8. Does the investment vehicle associated with the Plan consist of an allocation <br />of funds to an individual employee account? Are an individual employee's <br />benefits limited to his or her account balance? <br />g. In your experience, what is the best way to coordinate meetings so all <br />interested employees have an opportunity to attend a meeting at a convenient <br />location? How do you intend to educate employees about the plan? <br />Page 14 <br />