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Enclosure #6 <br /> <br />Martinsville <br />A CITY WITHOUT LIMITS <br /> <br />February 20, 2001 <br /> <br />TO: <br /> <br />FROM: <br /> <br />SUBJECT: <br /> <br />Earl B. Reynolds, Jr. - City Manager <br /> <br />Iris Read - Human Resources Manager <br /> <br />Revisions to Section 125 - Cafeteria Plan <br /> <br />On January 1, 1988, the City implemented a Section 125 Cafeteria Plan that allowed employees to pay <br />their portion of health care premiums with pre-tax dollars, thereby reducing their taxable income. A <br />subsequent October 1, 1994 amendment permitted employees to pay dental premiums with pre-tax <br />dollars. There have been no additional modifications to the Plan Document since that time. <br /> <br />The employee benefits package was modified on October 1, 2000, to include vision care. We are <br />asking that the Plan Document be amended to include this pre-tax provision. The revised Section 125 <br />Plan is attached for your review and submission to Council for their approval. <br /> <br />I would be pleased to answer any questions that you or City Council may have regarding this request. <br /> <br />Iris R. Read <br />Human Resources Manager <br /> <br />Attachment <br /> <br />55 West Church Street P.O. Box 1112 Martinsville, VA 24114-1112 540-656-5000 <br /> www. ci.martinsville.va.us <br /> <br /> <br />