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Res 1999-141
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Res 1999-141
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9/5/2006 11:13:33 AM
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9/5/2006 11:13:02 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
1999-141
Date
7/26/1999
Volume Book
137
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<br />CITY OF SAN MARCOS <br />FLEX PLAN <br /> <br />INTRODUCTION <br /> <br />We have amended the "flexible benefits plan" that we previously established for you and <br />other eligible employees. Under this program, you will be able to choose among certain benefits <br />that we make available. The benefits that you may choose are outlined in this summary plan <br />description. We will also tell you about other important information concerning the amended <br />Plan, such as the rules you must satisfy before you can join and the laws that protect your rights. <br /> <br />One of the most important features of our Plan is that the benefits being offered are <br />generally ones that you are already paying for, but normally with money that has first been <br />subject to income and Social Security taxes. Under our Plan, these same expenses will be paid <br />for with a portion of your pay before Federal income or Social Security taxes are withheld. This <br />means that you will pay less tax and have more money to spend and save. <br /> <br />Read this summary plan description carefully so that you understand the provisions of our <br />amended Plan and the benefits you will receive. You should direct any questions you have to the <br />Administrator. There is a plan document on file which you may review if you desire. In the event <br />there is a conflict between this summary plan description and the plan document, the Plan will <br />control. Also, if there is a conflict between an insurance contract and either the plan document or <br />this summary plan description, the insurance contract will control. <br /> <br />I <br />ELIGlBILITY <br /> <br />1. When Can I Become a Participant in the Plan? <br /> <br />Before you become a member or a "Participant" in the Plan, there are certain rules which <br />you must satisfy. First, you must meet the "eligibility requirements." After that, the next step is <br />to actually join the Plan on the "entry date" that we have established for all employees. You will <br />also be required to complete certain application forms before you can enroll in the Plan. <br /> <br />2. What Are the Eligibility Requirements for Our Plan? <br /> <br />You will be eligible to join the Plan once you have satisfied the conditions for coverage <br />under our group medical plan. Of course, if you were already a participant before this <br />amendment, you will remain a participant. <br /> <br />I <br />
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