| | | | | | | | BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT |
| | | | | | | | Item No. 5.I.
For Meeting of: November 17, 2015 |
| | | | | | | | | ITEM TITLE: | Resolution authorizing a letter of agreement clarifying post-retirement VEBA contribution language with the Yakima Police Management Unit represented by Teamsters Local #760 | | SUBMITTED BY: | Connie Mendoza, Director of Human Resources | | |
| SUMMARY EXPLANATION: | | The Current Collective Bargaining Agreement (CBA), January 1, 2015 through December 31, 2018 Appendix "A" Sick Leave Exchanged contains post-retirement separation from employment HRA VEBA contributions. Subsequent to the ratification and execution of the current Agreement, the third party administrator (TPA) for the HRA VEBA plan notified the City of non-compliant language pertaining to sick leave exchange. In order to bring the Agreement into compliance with Internal Revenue Service rules governing health reimbursement arrangements (HRA's), the language must be modified. This language change is strictly a housekeeping measure and has no financial impact to either party. |
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| | | | | | | | | Resolution: X | | Ordinance: | | | | | Other (Specify): | | Contract: | Contract Term: | | Start Date: | End Date: | | Item Budgeted: No | Amount: N/A | | Funding Source/Fiscal Impact: | None | | Strategic Priority: | | | Insurance Required? No | | Mail to: | | Phone: | | APPROVED FOR SUBMITTAL: |  | City Manager |
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| ATTACHMENTS: | | Description | Upload Date | Type |  | Resolution | 10/27/2015 | Cover Memo | | LOA | 10/20/2015 | Cover Memo |
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