Laserfiche WebLink
CITY OF MARTINSVILLE AND MARTINSVILLE CITY SCHOOLS <br /> <br /> FLEXIBLE BENEFIT PLAN <br /> <br /> SUMMARY PLAN DESCRIPTION <br /> <br />PLAN NAME: <br /> <br /> CITY OF MARTINSVILLE AND MARTINSVILLE CITY SCHOOLS FLEXIBLE BENEFIT <br />PLAN. <br /> <br />EMPLOYER: <br /> <br /> CITY OF MARTINSVILLE AND MARTINSVILLE CITY SCHOOLS <br /> MARTINSVILLE, VIRGINIA <br /> <br />EFFECTIVE DATE: <br /> <br /> January 1, 1988 <br /> Amended October 1, 1994 <br /> Amended February 1, 2001 <br /> Amended July 1, 2002 <br /> <br />PLAN YEAR: <br /> <br /> January l~through December 31' of each year, except for City of Martinsville, Flexible <br />Spending Account, which will commence on July 1 and end on December 31 for first year and January <br />1 through December 31 in subsequent; City School FSA Plan Year is September 1 thorough August 31. <br /> <br />PARTICIPANTS: <br /> <br /> All regular full-time employees of City of Martinsville and Martinsville City Schools may <br />participate. <br /> <br />SALARY REDUCTION: <br /> <br /> Each participant may elect to reduce his/her salary for the benefits listed below. The reduction <br />will be made in each Participant's pay. Ail reductions will be payroll deductions only. <br /> <br />BENEFIT ELECTIONS: <br /> <br /> Participants may elect the City of Martinsville and Martinsville City Schools to reduce their <br />salary for the contributions to the following: <br /> <br /> 1. Voluntary Medical <br /> 2. Voluntary Dental <br /> 3. Voluntary Vision <br /> 4. Flexible Spending Account <br /> <br />12 <br /> <br /> <br />