RFCA - R-2008-21 REQUEST FOR COUNCIL ACTION

RESOLUTION: 2008-21

SUBJECT: City of Lakewood Cafeteria Plan Document.

ADDRESS: 480 South Allison Parkway, Lakewood, Colorado 80226

RECOMMENDATION: City Council approve and adopt by resolution the amendments to the City of Lakewood Cafeteria Plan Document to comply with recent federal law changes and newly issued regulations.

FUNDING SOURCE: N/A

SUMMARY AND BACKGROUND OF SUBJECT MATTER: The City of Lakewood Cafeteria Plan Document has been revised and updated with the assistance of legal counsel to reflect recent federal tax law changes and newly issues regulations; specifically, provisions regarding continuation coverage for health benefits, claims submission procedures, and mid-year election changes have been updated, and the definition of dependents and qualified beneficiaries have been modified in accordance with IRS regulations. In addition, a review of the administrative provisions of the plan resulted in a number of changes to simplify or improve administration of the plan.

RESOLUTION ADOPTION DATE: January 14, 2008

ORIGINATED BY: Ken Milano, Director of Employee Relations

STAFF PERSON RESPONSIBLE: Ken Milano, Director of Employee Relations, 303-987-7701

DOCUMENTS ATTACHED: Resolution 2008-21
Redline Version City of Lakewood Cafeteria Plan Document
Final Version City of Lakewood Cafeteria Plan Document

SUBMITTED BY:
Ken Milano, Director of Employee Relations

REVIEWED BY:
Joni Inman, Director, Mayor and City Manager's Office
Michael J. Rock, City Manager