Agenda Item
Meeting Date: 4/3/2017 - 6:30 PM
Category: CONSENT ACTION ITEMS
Type: Action
Subject: Approval of a Change to the Flexible Benefit Plan Document
Strategic Plans:
Enclosure:
File Attachment:
Medical Spending Account Summary Plan Document.pdf
Flexible Spending Account Plan Document.pdf
Summary: The Federal Government has increased the limit for Medical Spending Accounts from $2,550 per year to $2,600. The new plan document reflects that change.
Funding:
Approved in original budget or revised budget
Funds currently available in specified line item
If not currently available in line item, where are funds available
Resolution: WHEREAS, the Board of Education (Board) offers a flexible benefit plan to its employees under the terms and conditions set forth in such plan; and

WHEREAS, the maximum allowable Medical Spending Account limit has increased from $2,550 per year to $2,600 per year; and

WHEREAS, it is advisable from time to time to ratify such plan and its summary plan description as amended;

NOW THEREFORE BE IT RESOLVED that the Springfield Public School District No. 186 Flexible Benefit Plan and Summary Plan Description effective June 1, 2017, as presented to this Board, are approved, adopted, and ratified, and the duly authorized agents of the Board are hereby authorized and directed to execute and deliver to the Administrator of the Plan one or more counterparts of the Plan; and

BE IT FURTHER RESOLVED that the Superintendent or his designee shall be instructed to take such actions as are deemed necessary and proper in order to implement the Plan, and to set up adequate accounting and administrative procedures to provide benefits under the Plan.
Approvals:
Recommended By:
Signed By:
Joseph Bascio - Business Manager
Signed By:
Jennifer E. Gill - Superintendent
Vote Results:

Original Motion
Member Donna Moore Moved, Member Blake Handley seconded to approve the Original motion 'WHEREAS, the Board of Education (Board) offers a flexible benefit plan to its employees under the terms and conditions set forth in such plan; and

WHEREAS, the maximum allowable Medical Spending Account limit has increased from $2,550 per year to $2,600 per year; and

WHEREAS, it is advisable from time to time to ratify such plan and its summary plan description as amended;

NOW THEREFORE BE IT RESOLVED that the Springfield Public School District No. 186 Flexible Benefit Plan and Summary Plan Description effective June 1, 2017, as presented to this Board, are approved, adopted, and ratified, and the duly authorized agents of the Board are hereby authorized and directed to execute and deliver to the Administrator of the Plan one or more counterparts of the Plan; and

BE IT FURTHER RESOLVED that the Superintendent or his designee shall be instructed to take such actions as are deemed necessary and proper in order to implement the Plan, and to set up adequate accounting and administrative procedures to provide benefits under the Plan.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 6 Nay: 0.
The motion Carried 6 - 0
   
Judith Johnson     Yes
Adam Lopez     Yes
Michael Zimmers     Yes
Donna Moore     Yes
Blake Handley     Yes
George Haven     Yes