Loading...
HomeMy WebLinkAboutRESO 6720~r:SOLU'rtON NO. 6 7 20 RESOLUTION OF THE COUNCIL OF TP.E CITY OF PALO ALTO ADOPTING A DEPENDENT CARE ASSISTANCE PL~_N WHICH PLAN WILL BE EFFECTIVE ON JULY 30, 1988 WHEREAS, the City Council wishes to establish a plan which qualifies as a dependent care assistance program under Section 129 of the Internal Revenue Code of 1986, as amended. WHEREAS, the purpose of the plan is to enable partici- pants to elect to receive payments or reimbursements of his or her dependent care expenses in a manner which allows these expenses to be excludable from such participant's gross income under Internal Revenue Code Section 129. NOW, TH8REFORE, the Council of the City of Palo Alto do~s RESOLVE as follows: SECTION 1. That the Council hereby adopt that certain plan entitled •city of Palo Alto Dependent Care Assistance Plan effective July 30, 1988• and attached hereto and incorporated herein as Exhibit •A•. SECTION 2. The Council finds that this is not a project under the California Environmental Quality Act and, therefore, no environmental impact assessment is necessary. INTRODUCED AND PASSED: July 18, 1988 AYES: Bechtel, Cobb, Fletcher, Klein, Levy, Renzel, Sutorius, Woolley NOES: None ABSTENTIONS: NOne ABSENT: Patitucci APPROVED AS TO F ~ : ~e-Y~(j APPRO D: • 3. 0 .. 0 7 0' 8 I CITY OF PALO ALTO DEPENDENT CARE ASSISTANCE PLAN Effective July 30, 1988 ARTICLE I. II. III. CITY OF PALO ALTO DEPENDENT CARE ASSISTANCE PLAN TABLE OF CONTENTS INTRODUCTION •••.••....•..•....•..•••....•••• DEFINITION'S~ •.•.•................•...•.••... 2.1 2.2 2.3 :.?. 4 2.5 2.6 2.7 2.8 2.9 2.10 2.11 2.12 2.13 2.14 11.Adm.inistrator 1 ' •••••••••••••• c ••••••••• 's Ci ty'1 ................................. . "city Cowie i 1 " . . . . . . . . • . · · · • · · · · · · · · · · · ''Code'' .......................... · •.•••. · 1·-nependent" ..........................•. "Dependent Care Assistance Account" •.•. "Dependent Care Expenses" ..........•... "Dependent Care Sendce Provider" ..... . "Effective Date" ...................... . .,.~..., ee" .......... .t"£ oy ............................... . "Flexible Benefits Plan" .....•......... '•Partici'pallt" ............................ .. ''Plan" .................................. . .. Plan Year• ............................. . P.AR.TICIP.i.!rION' ................................ ~ • 3.1 3.2 Eligibility ........................ I ....... .. cessation of Participation ........•.... IV. ELECTION TO RECEIVE DEPENDENT CARE PAGE 1 l l 1 1 2 2 2 2 3 3 3 3 3 3 3 4 4 .ASS IST.AN'CE ••••••• ~ • • • • • • • • • • • • • • .. • • • • • • • • • • 4 v. VI. 4.1 4.2 Maximum.~pendent Care Assistance ..... . Lower Lim.1 ts ........................... ... REIMBURSEMENT OR PAYMENT OF DEPENDENT CARE EX:PEl!ifSES • • • • . • • • • .. • • • • • • • • • • • .. • • • • • ,. • • • 5.1 Claims for Reimbursement or 5.2 5.3 Pa:yment II ••••••••••••• ' ••••••••••• "' •• a ... Reimbursement or Payment of Expenses .. . Annual Report to Participants ......... . TERMINATION OF PARTICIPATION ............... . 4 5 6 6 6 8 8 VII. VIII. .ADMINIST:RA.TION .......... of •••• I • I ....... ~ ••••••• 7.1 7.2 Plan Administrator ......... , .......... . Examination of Records ................ . 8 8 9 AMENDMENT OR TERMINATION OF PLAN ........... 10 8.1 Amendment of Plan ............ ,, ....... 10 8.2 Termination of Plan ................... 10 IX. MISCELLMlEOUS ....... , . . . . . . . . . . . . . . . . . .. . . . . . 10 6J60S. 910~·· 9.1 Limitation of Rights ................... 10 9.2 Benefit& Solely from General Assets .... 11 9.3 Nonassignability of Rights ............. 11 9.4 No Guarantee of Tax Consequences ....... 11 9.5 Indemnification of City by Participants. . . . . . . . . . . . . . . . . . . . . . . . . 12 9. 6 Governing Law. . . . . . . . . . . . . . . . . . . . . . . . . . 12 CITY OF PALO ALTO DEPENDENT 9ARE ASSISTANCE PLAN ARTICLE I -Introduction. The Plan is intended to qualify as a dependent care assistance proqre.m under section 129 of the Internal Revenue Code of 1986, as amended (the "Code"), and ls to be interpreted in a manner consistent with the requirements of section 129 of the Code. The purpose of the Plan is to enable a Participant to elect to receive payments or reimbursements of his or her dependent care expenses that are excludable from such Participant's gross income under section 129 of the Code. ARTICLE II ~-Definitions. Wherever used herein, the following terms have the following meanings unless a different meaning is clearly required by the context: 2.1 "Administrator" means the City Manager or his desiqnee. 2. 2 "City" mea.."ls the City of Pa lo Al to. 2.3 "Ci'";y Council" means the governing legislative body of the City, as constituted from time to time. 2.4 "Code" means the Internal Revenue Code of 1986, as amended from time to time (and including regulations is~ued thereW1der). Reference to any section or subsection of the Code includes reference to any comparable or succeeding provisions of any legislation which amends, supplements or replaces such section or subsection. 2.5 "Dependent" means any individual who is (a) a dependent (as defined in section 152 of the Code) of the Participant who is under the age of 15 and with respect to whom the Participant is entitled to an exemption under section 15l(r.\ of the Code, or (b) a dependent {as defined in section 152 of the Code) or spouse of the Participant who is physically or mentally incapable of caring for himself or herself. 2. 6 "Dependent Care Assistr-..nce Acc-.ou.i."lt" means the account described in Article v heL~~r. 2.1 "Dependent Care Expenses" means expenses incurred by a Participant which (a) are incurred for the care of a Dependent of the Participant or for related household services, (b) are paid or payable to a Dependent Care Service Provi~er, and (c) are incurred to enable the Participant to be qainfully employed for any period for which there are one or more Dependents with respect to the Participant "Dependent Care Expenses" shall not include expenses incurred for servjces outside the Participant's household for the care of a Dependent unless such Dependent is described in ~ J 6 I~ 01c••• 2. section 2.5(&) or regularly spends at least eight hours each day iu the Participant's household. Dependent Care Expenses shall be deemed to be incurred at the time the services to which the expenses relate are rendered. 2.8 "Dependent Care Service Provider" means a person who provides care or other services described in Section 2.6 above, but shall not include either (a) a dependent care center (as defined in section 2l(b)(2)(D) of the Code) unless the requirements of section 2l(b)(2)(C) of the Code are satisfied, or (b) a related individual described in section 129(c) of the Code. 2.9 "Effective Date" means July 30, 1988. 2.10 "Fmployee" means a person who receives remuneration for rendering services to the City, any portion of whose remuneration is subject to withholding of income tax and/or employment tax by the City, as well as any other person qualifying as a common law employee of the City. 2.11 "Flexible Benefits Plan" means the City of Palo Alto Flexible Benefits Plan. as amended from time to time. 2.12 "Participant" means each F..mployee who participates in the Plan in accordance with Article III. 2.13 "Plan" means the City of Palo Alto Dependent Care Assistan~e Plan as set forth herein, together with any and all amendments and supplements hereto. 2.14 "Plan Year" means the 12-consecutive-month period ending with the last pay period of the calendar year. 3. Notwithstanding the foreqoing, the Plan's initial "Plan Year" shall commence on July 30, 1988, and end on December 16, 1988. A pronoun or adjective in the masculine gender includes the feminine gender and the singular includes the plural, unless the context clearly indicates otherwise. ARTICLE III -Participation. 3.1 Eligibility. Each Employee whose participation is provided for in an applicable Memorandum of Understanding or Compensation Plan shall be eligible to participate in the Plan. Participation in the Plan shall cotmnence on the effective date of the Eligible Employee's election of dependent care assistance under the Flexible Benefits Plan. 3.2 cessation of Parti9ipation. A Participant will cease to be a Participant as of the end of the Plan Year in which occurs the earliest of (a) the date on which the Plan terminates or (b) tLe date on which his or her election to receive dependent care assistance expires or is terminated under the Flexible Benefits Plan and all amounts credited to the Participant's Dependent Care Assistance Account have been used or for!eited. ARTICLE IV -Election to Receive Dependent Care Assistance. 4.1 Maximum Dependent Care Assistance. The maximum amount which the Participant may receive in any Plan Year in 4.. the form of the reimbursement or payment of Dependent Care Expenses under the Plan which is excludable from the Participant's gross income under section 129 of the Code shall be the lesser of (a) the amount of dependent care reimbursement elected under the Flexible Benefits Plan; (b) the Participant's earned income '.as defined in section 129(e)(2) of the Code) for the Plan Year, (c) the earned income of the Participant's spouse for the Plan Year, or (d) $5,000 ($2,500 in the case of a married Participant filing a separate federal income tax return for such Plan Year). In the cci.~e of a spouse who either is a full-time student at an educa~ional institution or is physically or mentally incapable of caring fo~ himself or herself, such spouse shall be deemed to have earned income of not less than $200 per month if the Participant has one Dependent and $400 per month if the Participant has two or more Dependents. 4.2 Lower Limits. Notwithstanding the foregoing, the City may establish a lower maximum amount for one or more Participants (which need not be the same amount for each such Participant) in order to permit the Plan to qualify as a dependent care assistance program under section 129(d) of the Code. 5. ARTICLE V -Reimbursement or Payment of Dependent Care EA::penses. 5 .1 Claims fc>r Reimbursement or PaY!!!ent. A Participant for a Plan Year may apply to the City for reimbursement or payment of Dependent care Expenses incurred by the Participant during such Plan Year by submitting an application in writing to the City, in such form as the City may prescribe, setting forth: (a) the amount, date and nature of the expense with respect to which a benefit is requested; (b) the name of the person, organization or entity to which the expense was or is ~o be paid; and (c) such other information as the City may from time to time require. Such application shall be accompanied by bills, invoices, receipts, cancelled checks or other statements showing the amounts of such expenses, together with any additional documentation which the City may request. 5.2 Reimbursement or Payment of Expense~. (a) The City shall reimburse the Participant for Dependent Care Expenses incurred during the Plan Year for which the Participant sul:mits documentation in accordance with Section 5.1. (The City may, at its option. pay any such Dependent Care Expenses directly to the Dependent Care Service Provider in lieu of reimbursing the Participant.) No 6 3 6 I It 6. 0 7 0 6 I I reimbursement or payment under this Section 5.2 of expenses incurred during a Plan Year shall at any time exceed the balance credited to the Participant's Dependent care Assistance Account under the Flexible Benefits Plan at the time of the reimbursement or payment. The amount of any Dependent Care Expenses not reimbursed or paid as a result of the preceding sentence shall be carried over and reimbursed or paid only if and when the balance in such Dependent Care Assistance Account at or before the end of the Plan Year in which such expenses are incurred. permits such reimbursement or payment. (b) Only Dependent Care Expenses which are incurred while the Participant is a Participant in the Plan and during the Plan Year in which the request for reimbursement is submitted may be reimbur3ed under the Plan. For purposes cf this rule1 Dependent Care Expenses shall be deemed to have been incurred at the t~me the services which generated the Dependent Care Expenses were provided and requests for reimbursement which are submitted within ninety (90) days following the end of the Plan Year shall be deemed to have been submitted withir. the Plan Year. (c) Any balance remaining in the Participant's Dependent Care Assistance Account for any Plan Year after all reimbursements or payments permitted hereunder have been made shall not be carried over to reimburse or pay the Participant for Dependent Care Expenl·es incurred during a subsequent Plan 7. Year, and shall not be available to the Participant in any other form or maruier, but shall remain the property of the City, and the Participant shall forfeit all rights with respect to such balance. 5.3 ~ual Report to Participants. on or before January 31 of each calendar year, the Administrator shall furnish to each Participant who has received dependent care assistance during the prior calendar year a written statement showing the a.f:lOunt of such assistance paid during such calendar year with respect ~o the Participant. ARTICLE VI -Termination of Participation. In the EW"ent that a Participant ceases to be a Participant in the Plan for any reason, the Participant's salary reduction agreement relating to dependent care assistance shall terminate irrmediately. The Participant (or the Participant's estate) shall be entitled to reimbu~sement or payment for Dependent Care Expenses in accordance with Articles IV and V of the Plan. ARTICLE VII -Administration. 7.1 Plan Administrator. The administration of the Plan shall be under the supervision of the Administrator. It shall be a principal duty of the Administrator to see that 6 l S I • D10ill 8. the Plan is carried out, in accordance with its terms, for the exclusive benefit of persons entitled to participate in th~ Plan without discrimination among them. The Administrator will have full power to administer the Plan in all of its details, subject to applicable requirements of law. For this purpose, the Administrator's po~ers will include, but will not be limited to, the following authority, in addition to all other powers provided by the Plan: (a) To make and enforce such rules and regulations as the Administrator deems necessary or proper for the efficient administration of the Plan; (b) To interpret the Plan, and the Administrator's interpretation t..hereof in good faith shall be final and conclusive ~n all persons claiming benefits under the Plan; (c) To decide all questions concerning the Plan and the eligibility of any person to participate in the Plan; (d) To appoint such agents, counsel, accountants, consultants and other persons as may be required to assist in administering the Plan; and (e) To allocate and dell 1te responsibilities under the Plan and to designate other persons to carry out any of the Administrator's responsibilities under the Plan, any such allocation. delegation or designation to be in accordance with applicable requirements of law. 7.2 Exa.~ination of Records. The Administrator will make available to each Participant such of its records under 'l. 1 .. 070~18 9. the Plan as pertain to that Participant, for examination at reasonable times by such Participant or that Participant's leqal representative during normal business hours. ARTICLE VIII -.. Amendment or Termination of .Plan. 8.1 Amendment of Plan. The City reserves the powei: at any time or times to amend the provisions of the Plan to any extent and in any manner that it may deem advisable. 8.2 Termination of Plan. The City will have no obligation whatsoever to maintain the Plan for any given length of time and may discontinue or terminate the Plan at any time without liability. Upon termination or discontinuance of the Plan, all elections and reductions in compensation relating to the Plan shall terminate, and reimbursements or payments shall be made only in accordance with Articles IV and v of the Plan. ARTICLE IX -Miscellaneous. 9.1 Limitation of Rights. Neither the establishment of the Plan nor any .amendment thereof will be construed as qiving to any Participant or other person any legal or equitable right aqainst the Administrator or the City. except as expressly provided herein. In no event will the terms of employment or service of any Participant be modified or in 'J' J It 070698 10. any way be affected hereby. Nothing herein contained shall be deemed to give any Employee the right to be retained in the employ of the City or to interfere with the right of the City to discharge any Employee at any time. 9.2 Benefits Solely From General Assets. The benefits provided he1:eunder will be paid solely from the general assets of the City. Nothing herein will be construed to require the City or the Administrator to maintain any fund or segregate any amount fot the benefit of any Participant, and no Participant or other person shall have any claim against, right to, or security or other interest in, any fund, account or asset of the City from which any payment under the Plan may be made. 9.3 Nonassiqnability of Rights. The right of any Participant to receive any reimburs~nt or payment under the Plan shall not be alienable by the Participant by assignment or any other method, and will not be subject to be taken by his creditors by any process whatsoever, and any attempt to cause such right to be so subjected will not be recognized, except to such extent as may be required by law. 9.4 No Guarantee of TaY. Consequences. Neither the Administrator nor the City makes any C01I1Ditment or guarantee that any amounts paid to or for the benefit of a Participant under the Plan will be excludable from the Participant's gross income for federal or state income tax purposes, or that any other federal or state tax treatment will apply to 6 l' l Ill 0106.11 11. or be available to any Participant. It shall be the obligation of each Participant to determine whether each payment under the Plan is excludable from the Part~cipant's gross income for federal and state income tax purposes, and to notify the City if the Participant has reason to believe that any such payment is not so excludable. 9.5 Indemnification of City By Participants. If any Participant receives one or mere payments or reimbursements under the Plan that are not for Dependent Care Expenses, such Participant shall indemnify and reimburse the City for any liability it may incur for failure to withhold federal or state income or employment tax from such payments or reimbursements, including intere~~ and/or penalties. 9.6 Governing Law. The Plan will be construed, administered and enforced according to applicable federal law and the laws of the State of California. IN WITNESS WHEREOF, the City has caused the Plan to b0 executed in its name and on its behalf by an official thereunto duly authorized this ------• 1988. ATTEsT: ____ day of 12. hn D. Sutorius, Mayor of~­ the City of Palo Alto