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Resolution 10179 - 2025/12/09
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Resolution 10179 - 2025/12/09
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Last modified
12/15/2025 8:38:26 AM
Creation date
12/10/2025 2:05:00 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Resolutions
MEETINGDATE
12/9/2025
Commission Doc Number (Ord & Res)
10179
Description
Regular Meeting
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MissionSquare Retirement Health Savings Program Return Book <br />C. Participant Eligibility Requirements <br />1. Minimum service: The minimum period of service required for participation is A <br />(write N/A if no minimum service is required). <br />2. Minimum age: The minimum age required for eligibility to participate is N A <br />(write N/A if no minimum age is required). <br />VI. Contribution Sources and Amounts <br />A. Definition of Earnings <br />The definition of Earnings will apply to all RHS Contribution Features that reference "Earnings," <br />including Direct Employer Contributions (Section VI.B.1.) and Mandatory Employee <br />Compensation Contributions (Section VI.B.2.). <br />Definition of earnings: 'ro-Fa� Sa��t�ru �+ IJrAQ P o�P4_ Ro+ in_{'snI <br />B. Direct Employer Contributions and Mandatory Contributions <br />Contributions for participants include: <br />1. Direct Employer Contributions <br />The Employer shall contribute on behalf of each Participant <br />❑ O % of Earnings* <br />❑ $ O each Plan Year <br />❑ A discretionary amount to be determined each Plan Year <br />❑ Other (describe): N one _ <br />2. Mandatory Employee Compensation Contributions <br />The Employer will make mandatory contributions of Employee compensation as follows: <br />❑ Reduction in Salary — W % of Earnings or $ will be contributed for the <br />Plan Year. <br />❑ Decreased Merit or Pay Plan Adjustment — All or a portion of the Employees' annual merit <br />or pay plan adjustment will be contributed as follows: <br />An Employee shall not have the right to discontinue or vary the rate of mandatory <br />contributions of employee compensation. <br />3. Mandatory Employee Leave Contributions <br />The Employer will make mandatory contributions of accrued leave as follows (provide formula <br />for determining mandatory employee leave contributions): <br />X Accrued Sick Leave _ See aulia-shed pa 1 i cL <br />V Accrued Vacation Leave 4,3ee a_A Cke d T l i cu <br />SL Other (specify type of leave) Accrued Leave Sae Po I i-le Sa+ �'oirh-o c t z32 Ra '. ODD peI gaf rLf <br />An Employee shall not have the right to discontinue or vary the rate of mandatory leave -T' me <br />contributions. t lor t�ac heol) <br />* Non -collectively bargained plans that reimburse medical expenses other than insurance premiums should consult their benefits <br />counsel regarding welfare plan nondiscrimination rules if the employer elects to make contributions based on a percentage of <br />earnings. <br />
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