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Agenda - Council Work Session - 08/25/2026
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Agenda - Council Work Session - 08/25/2026
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Last modified
8/24/2026 9:58:40 AM
Creation date
8/20/2026 4:17:51 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
08/25/2026
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Table of Contents <br />Introduction to Post -Employment Health Care Savings Plan ............................. 3 <br />Glossaryof Terms............................................................................................. <br />4 <br />Legal Authority <br />Stateand Federal........................................................................................ <br />6 <br />Fiduciary Responsibility............................................................................... <br />6 <br />Recordkeeper.............................................................................................. <br />6 <br />Participation & Contributions <br />Employer and Employee Participation......................................................... <br />7 <br />FundingSources......................................................................................... <br />8 <br />Employer Responsibilities............................................................................ <br />8 <br />Investment Options <br />Investment Options..................................................................................... <br />9 <br />Participant Investment Direction.................................................................. <br />9 <br />Administrative Features <br />PlanYear.................................................................................................. <br />10 <br />Reimbursements....................................................................................... <br />10 <br />ExemptionRules....................................................................................... <br />12 <br />Designating Account Beneficiary(ies)........................................................ <br />12 <br />Death of Participant................................................................................... <br />13 <br />Election to Suspend Reimbursements....................................................... <br />13 <br />Plan Rules and Termination <br />Establishing Plan Rules............................................................................. <br />14 <br />Amendingthe Plan.................................................................................... <br />14 <br />PlanTermination....................................................................................... <br />14 <br />Fees and Expenses........................................................................................ 15 <br />Miscellaneous <br />AccountCorrections.................................................................................. 16 <br />Assignability of Participant Account........................................................... 16 <br />HCSP Plan Document <br />July 1, 2026 <br />2 <br />
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