HomeMy WebLinkAboutResolution 05-212-CCBOARD OF COUNTY COMMISSIONERS
Grant County, Washington
A RESOLUTION AUTHORIZING THE RESOLUTION No. 05,,.?/.R-CC
ESTABLISHMENT OF A MEDICAL
SAVINGS ACCOUNTIVOLUNTARY
EMPLOYEES' BENEFICIARY
ASSOCIATION ("MSA VEBA') PLAN
WHEREAS, the Internal Revenue Code, Section 501(c)(9) allows for the creation of a voluntary
employees' beneficiary association which is an employee sponsored, tax-exempt health and welfare trust;
and
WHEREAS, such tax-exempt plans are available for public sector employees in the Northwest;
and
WHEREAS, in 1999 an amended and restated "Voluntary Employees' Beneficiary
Association Medical Expense Plan for Public Employees in the Northwest" Trust dated November 19,
1999 ("the Trust"); and
WHEREAS, Grant County ("the County") has determined that establishing a medical expense
reimbursement plan, which provides a tax-free account for employees to pay for medical, dental, vision,
and tax qualified long term care expenses that are not paid by any other insurance plans, is in the best
interest of the County and its employees; and
WHEREAS, the County desires to establish a medical expense reimbursement plan for
its employees; and
WHEREAS, the County desires to use the services of the MSA VEBA Trust to administer such
plan; and
WHEREAS, such medical expense reimbursement plan established by the County will be
administered in accordance with the plan documents provided by the MSA VEBA Trust on file in the
County office.
NOW, THEREFORE, the Grant County Commissioners hereby resolve as follows:
Section 1. Effective April 1, 2005, the County hereby elects to participate in the Trust as
presently constituted or hereafter amended using the MSA VEBA Trust as its plan administrator, and
establishes the MSA VEBA program for all eligible County employees.
Section 2. The Plan will be funded by employer contributions.
Section 3. The Grant County Commissioners retain the right to modify or repeal this
medical expense reimbursement plan at its discretion without prior notification to the County's
employees.
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ADOPTED AND DATED this6- day of 49—t —, 2005.
ATTEST:
BOARD OF COUNTY COMMISSIONERS
Yea Nay Abstain GRANT COUNTY, WASHINGTON
El 0 Le oy —.A ai ,
C I", 1
v
_ rU
Deborah Moore, Member
El
Richard Stevens, Member
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