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Agenda - Council - 03/11/2025
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Agenda - Council - 03/11/2025
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Last modified
4/8/2025 1:35:43 PM
Creation date
3/6/2025 3:46:40 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
03/11/2025
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Table of Contents <br />Introduction to Post -Employment Health Care Savings Plan .............................3 <br />Glossaryof Terms............................................................................................4 <br />Legal Authority <br />Stateand Federal......................................................................................6 <br />Fiduciary Responsibility..............................................................................6 <br />Recordkeeper............................................................................................. 6 <br />Participation &Contributions <br />Employer and Employee Participation.........................................................7 <br />FundingSources.........................................................................................8 <br />Employer Responsibilities...........................................................................8 <br />Investment Options <br />Investment Options.....................................................................................9 <br />Participant Investment Direction..................................................................9 <br />Administrative Features <br />PlanYear..................................................................................................10 <br />Reimbursements.......................................................................................10 <br />ExemptionRules.......................................................................................12 <br />Designating Account Beneficiary(ies)........................................................12 <br />Death of Participant..................................................................................13 <br />Election to Suspend Reimbursements......................................................13 <br />Plan Rules and Termination <br />Establishing Plan Rules............................................................................14 <br />Amendingthe Plan....................................................................................14 <br />PlanTermination.......................................................................................14 <br />Fees and Expenses........................................................................................15 <br />Miscellaneous <br />Account Corrections..................................................................................16 <br />Assignability of Participant Account..........................................................16 <br />HCSP Plan Document <br />December 1, 2023 <br />2 <br />
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