HomeMy WebLinkAboutResolution_BPW_03-03-21-04; Amending the Level of 2021 City Contributions to Employee Health Savings Accounts; Barb Lamb, Director of Human Resources2021 HSA Contribution Amendment
RESOLUTION BPW 03-03-21-04
A RESOLUTION AMENDING THE LEVEL OF 2021 CITY CONTRIBUTIONS
TO EMPLOYEE HEALTH SAVINGS ACCOUNTS
WHEREAS, the City of Carmel operates the City of Carmel Employee Health Benefit
Plan (the “Plan”) to provide medical benefits for its employees and retirees; and
WHEREAS, one benefit option is a high deductible health plan with a Health Savings
Account (an “HSA”) funded by employee and employer contributions; and
WHEREAS, the Board of Public Works and Safety recently approved contracts with
Fraternal Order of Police Lodge #185 and Carmel Professional Fire Fighters/International
Association of Fire Fighters Local #4444, which provided for an increase in City HSA
contributions; and
WHEREAS, the Board of Public Works and Safety is the Plan Administrator and is
responsible for setting benefit levels in the Plan.
NOW, THEREFORE, BE IT RESOLVED by the Carmel Board of Public Works and
Safety as follows:
The City will make a bi-weekly contribution into the HSA of an eligible Active Employee or
Common Council Member in the following amounts:
a. $30.77 for employee only coverage
b. $38.47 for employee/spouse or employee/child(ren) coverage
c. $46.16 for family coverage
All City HSA contributions in 2021 shall be deposited to employee accounts at Indiana
Members Credit Union.
An eligible Retiree who elects to enroll in Plan A shall receive an equivalent amount by
check, half in February and half in August.
The HSA contribution amount will change if and when the participant’s level of coverage
changes. Contributions will cease if coverage is cancelled or, in the case of an Active
Employee or a Common Council Member, if the employment relationship is terminated.
PASSED by the Board of Public Works and Safety of the City of Carmel, Indiana, this
____ day of _____________, 2021, by a vote of ______ ayes and ______ nays.
DocuSign Envelope ID: 03B32FA4-C696-4930-ABA3-E98F1CC99DC4
2021 HSA Contribution Amendment
CITY OF CARMEL, INDIANA
By and through its Board of Public Works and Safety
___________________________________
James Brainard, Presiding Officer
Date: ______________________
___________________________________
Mary Ann Burke, Board Member
Date: ______________________
___________________________________
Lori Watson, Board Member
Date: ______________________
ATTEST:
___________________________________
Sue Wolfgang, Clerk
Date: ______________________
DocuSign Envelope ID: 03B32FA4-C696-4930-ABA3-E98F1CC99DC4
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