R-07-08r
ARESOLUTION NO.
R -07 -08
ADOPTING AN AMENDED VANTAGECARE RETIREMENT HEALTH
SAVINGS PLAN
WHEREAS, pursuant to Resolution R- 00-06, as amended by R- 05 -15, the Village established a Retiree
Health Care Plan; and
WHEREAS, the establishment of a retiree health savings plan for village employees serves the
interests of the Village by enabling it to provide reasonable security regarding employees' health needs during
retirement, by providing increased flexibility in its personnel management system, and by assisting in the
attraction and retention of competent personnel; and
WHEREAS, the Internal Revenue Service has determined that voluntary, in- service contributions to
the plan as provided by the first amendment to the Plan will no longer be permitted; and
WHEREAS, it is necessary to amend the Plan to discontinue voluntary contributions; and
WHEREAS, it is in the best interest of the Village of Deerfield to amend this plan to revert to the
original mandatory end of service contributions only.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF
THE VILLAGE OF DEERFIELD, LAKE AND COOK COUNTIES, ILLINOIS, in the exercise of its home
rule powers, that the Village of Deerfield Retiree Health Plan, adopted April 17, 2000, and amended on
December 5, 2005, is hereby amended to discontinue voluntary, irrevocable employee contributions.
BE IT FURTHER RESOLVED, that the amended plan adoption agreement, attached hereto and
made a part hereof, are hereby adopted and approved.
BE IT FURTHER RESOLVED, that the Director of Finance and Administrative Services shall be
coordinator and contact for the Plan.
Resolution R -07 -08
ADOPTED this _ 7th -- day of May________________, 2007.
AYES: Benton, Feldman, Jester, Rosenthal, Seiden; Struthers (6)
NAYS: None (0 )
ABSENT: None (0)
ABSTAIN: None (0)
APPROVED this _ 7th___ day of
ATTEST:
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Wes! i► . i.
Village Cler�
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