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HomeMy WebLinkAboutRESOLUTION NO. 2022-50RESOLUTION NO. 2022-50 RESOLUTION APPROVING FLEX ONE PLAN WHEREAS, the City Council of Fairfax, Iowa wishes to provide its etnployees with the opportunity to obtain benefits; and WHEREAS, the City Council does currently have a benefit package that includes health insurance, life insurance, short-term disability, and AD&D insurance, which the City of Fairfax currently pays the premium cost for qualifying einployees and inakes the health insurance available to qualifying esnployees' fainilies at the employee's cost; and WHEREAS, the City of Council desires to offer a wider variety of benefit programs to the employees at the employee's cost; and WHEREAS, AFLAC, Colonial Life, and Globe Life Liberty National have all subinitted the paperwork participate in Fairfax's F1eX One 125 Cafeteria Plan that will allow for preiniums to be pre-tax for all qualifying benefit plans except the life insurance coverage and any disability coverage that may be chosen by an employee. NOW, THEREFORE, SE IT RESOLVED, by the City Council of the City of Fairfax, Iowa, that the City of Fairfax does hereby revise their Flex One 125 Cafeteria Plan to enter into the Payroll Account Acknowledgement Agreements with AFLAC, Colonial Life, ai7d Globe Life Liberty National to participate in this plan as of June 1, 2022. BE IT FURTHER RESOLVED, by the Fairfax City Council that the City of Fairfax hereby agrees to allow AFLAC, Colonial Life, ai7d Globe Life Liberty National to make a presentation to all elnployees about their benefit prograrns. BE IT FURTHER RESOLVED, by the Fairfax City Council of the City of Fairfax, Iowa, that the Mayor and City Clerk are hereby authorized and directed to execute this resolution. Passed and approved this l Ot�' day of May, 2022. AYES: Nun-e, Daly, Pacha, Volk, and Wainwright NAYS: None ATTEST: �� ,` ��'� '"�__ C ithia Stimson, City Clerk/Treasurer C �� - .. �� �.T`'� � � ` Burnell G. Frieden, Mayor ,qb -n�_ �_�� � ��_� � �� �.� , , ,. 3 ..; � ra :� '�y��,