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7/15/2005 10:12:56 AM
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7/14/2005 10:12:26 AM
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<br />. . <br /> <br />.~ - <br /> <br />THE CITY OF NEW BRIGHTON <br />EMPLOYEE FLEXIBLE BENEFIT ACCOUNT PLAN <br /> <br />INTRODUCTION <br /> <br />We have amended the "flexible benefits plan" that we previously established for you <br />and other eligible employees. Under this program, you will be able to choose among certain <br />benefits that we make available. The benefits that you may choose are outlined in this <br />summary plan description. We will also tell you about other important information <br />concerning the amended Plan, such as the rules you must satisfy before you can join and <br />the laws that protect your rights. <br /> <br />One of the most important features of our Plan is that the benefits being offered are <br />generally ones that you are already paying for, but normally with money that has first been <br />subject to income and Social Security taxes. Under our Plan, these same expenses will be <br />paid for with a portion of your pay before Federal income or Social Security taxes are <br />withheld. This means that you will pay less tax and have more money to spend and save. <br /> <br />Read this summary plan description carefully so that you understand the provisions <br />of our amended Plan and the benefits you will receive. You should direct any questions you <br />have to the Administrator. There is a plan document on file which you may review if you <br />desire. In the event there is a conflict between this summary plan description and the plan <br />document, the Plan will control. Also, if there is a conflict between an insurance contract <br />and either the plan document or this summary plan description, the insurance contract will <br />control. <br /> <br />I <br />ELIGIBILITY <br /> <br />1 . When Can I Become a Participant in the Plan? <br /> <br />Before you become a member or a "Participant" in the Plan, there are certain rules <br />which you must satisfy. First, you must meet the "eligibility requirements." After that, the <br />next step is to actually join the Plan on the "entry date" that we have established for all <br />employees. You will also be required to complete certain application forms before you can <br />enroll in the Plan. <br /> <br />2. What Are the Eligibility Requirements for Our Plan? <br /> <br />You will be eligible to join the Plan once you have satisfied the conditions for <br />coverage under our group medical plan. Of course, if you were already a participant before <br />this amendment, you will remain a participant. <br /> <br />3. When Is My Entry Date? <br /> <br />Once you have met the eligibility requirements, your entry date will be the first day of <br />the pay period coinciding with or following the date you met the eligibility requirements. <br /> <br />1 <br />
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