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CAFETERIA PLAN <br />ADOPTION AGREEMENT FOR City of Orono <br />© 2020 Hitesman & Wold, P.A. MEDSURETY, LLC <br />Cafeteria Plan Adoption Agreement 1-888-816-4234, www.medsurety.com <br />5 <br /> <br />ARTICLE XIX: LIMITED SCOPE HEALTH FLEXIBLE SPENDING ACCOUNT <br /> Not offered as a part of the Cafeteria Plan. <br />19.3(b) Claims Run-Out period: <br /> Thirty (30) days. <br /> Sixty (60) days. <br /> Ninety (90) days. <br /> Other: <br />19.3(c) Dependent means: <br /> As provided in the Basic Plan Document. <br /> Other: <br />19.3(f) Limited Scope Medical Expense means: <br /> As provided in the Basic Plan Document. <br /> Only expenses for dental and vision. <br /> Other: <br />19.8 The maximum reimbursement a Participant may receive for a <br />Plan Year is: <br /> An amount equal to the maximum salary reduction <br />contribution allowed under Code § 125(i). <br /> Other: $2,850 is the maximum election a Participant may <br />make for a Plan Year. $500 is the minimum election a <br />Participant may make for a Plan Year. <br />For a short Plan Year, the maximum reimbursement is: <br /> Not applicable. <br /> Pro-rated. <br /> Unchanged. <br />For Participants joining the Plan mid-Plan Year, the maximum is: <br /> Pro-rated. <br /> Unchanged. <br />19.9 Reimbursement Upon Termination of Participation: <br /> Expenses incurred while a Participant may be reimbursed <br />if submitted within the Claims Run-Out Period identified in <br />Section 19.12(b). <br /> Expenses incurred while a Participant may be reimbursed <br />within 30 days following termination of participation. <br /> Other: <br />19.12(a) Grace Period: <br /> Does not apply to Limited Scope ME Account. <br /> Applies to the Limited Scope ME Account. <br />19.12(a)(1) Grace Period expires: <br /> N/A <br /> Two and one-half months after end of Plan Year. <br /> Other: 60 days from the last day of the Plan Year. <br />19.12(b)(1) Account carryover: <br /> Does not apply to Limited Scope ME Account. <br /> Applies to the Limited Scope ME Account. <br /> Maximum Account Carryover is: $_ _______ <br />19.12(b)(4) Carryover available to: <br /> N/A <br /> As provided in the Basic Plan Document. <br /> Only Participants who elect a benefit for the following <br />Plan Year. <br />19.12(b)(5) Forfeiture of carryover: <br /> N/A <br /> As provided in the Basic Plan Document. <br /> Other: <br />19.17(d) Other Limited limitations are as follows: <br /> None. <br /> Other: <br /> <br /> <br />ARTICLE XX: CASH PAYMENT <br /> Not offered as a part of the Cafeteria Plan. <br />20.2(a) Cash out of the “unspent” portion of the Employer Contribution: <br /> Not available. <br /> Available for Employees selecting Employee only Medical - <br />$915 (Can be used as above, cost of Medical is $734.84 <br />leaving $180.16 in credits) <br />and for Employees Selecting Employee Plus - $1,638.25 – (Emp <br />Children cost is $1,305.12 leaving $333.13 in credits; <br />20.2(b) Cash in lieu of coverage: <br /> Not available <br /> Available for Employees waiving Medical - $180.16 - Can <br />be used for Dental, FSA, LPFSA, Dep Care, or taken as <br />cash <br />20.3 Payment: <br /> Annual amount of Cash Payment is prorated and paid in <br />equal monthly installments. <br /> Annual amount of Cash Payment is prorated and pain in <br />equal installments each payroll. <br /> Other: Will be paid out Post Tax to Employee <br /> <br /> <br />ARTICLE XXI: GROUP VOLUNTARY INSURANCE BENEFITS <br /> Not offered as a part of the Cafeteria Plan. <br />21.3(a) Group Voluntary Insurance includes the following types of <br />insurance policies: <br /> <br /> <br />