Laserfiche WebLink
Funding Source <br />Fees are paid by employees (or former employees) only when the individual begins <br />making contributions to the plan. The annual administrative fee is .65% of assets up to a <br />maximum of $140 per year. The annual administrative fee is prorated .monthly (A54%) <br />and is based on the asset value at the end of the month. <br />Committee Recommendation <br />Make a motion recommending that the City Council adopt the post employment health <br />care savings plan provision, indicated in the table above effective November 1, 2008 and <br />update the AFSCME contract per the terms in the table. <br />Reviewed By: , City Administrator <br />—816— <br />