Chapter 3.10
EMPLOYEE HEALTH BENEFIT RESERVE FUND
Sections:
3.10.010 Fund created—Purpose.
3.10.010 Fund created—Purpose.
There is created a fund to be known as the employee welfare benefit reserve fund. The purpose of such fund shall be for the payment of employee welfare benefit claims for medical, dental and other covered costs incurred by persons covered by an employee welfare benefit plan of the city, and to pay expenses incurred in connection with administering the city’s employee welfare benefit program and employee welfare benefit plans. (Ord. 94-9 § 4 (part), 1994: Ord. 2311 § 2 (part), 1979).
3.10.020 Source of funds.
A. All money to be applied to pay for the benefits to employees covered by a city employee welfare benefit plan, and to otherwise finance the administration of such plans and of the city’s employee welfare benefit program, whether that money be paid directly by the city or deducted from employee’s salaries or wages, shall be deposited in the employee welfare benefit reserve fund.
B. Money designated by the city council from any other available source for the purpose of paying for benefits under, or financing the administration of, an employee welfare benefit plan also shall be deposited in the employee welfare benefit reserve fund. (Ord. 94-9 § 4 (part), 1994: Ord. 2311 § 2 (part), 1979).
3.10.030 Expenditures.
Expenditures may be made from the employee welfare benefit reserve fund by warrants drawn against such fund only for the purposes specified in Section 3.10.010 of this chapter. (Ord. 94-9 § 4 (part), 1994: Ord. 2311 § 2 (part), 1979).