Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Employee Benefits topic
No spam. Unsubscribe anytime.
Town approves Section 125 plan to let employees pay health premiums pre‑tax
Summary
The South Bristol Town Board adopted a Section 125 plan offered through SIMCO HR Solutions that permits employees to pay the employee portion of health insurance premiums on a pre‑tax basis at no cost to the town; the board voted to accept the plan (Aye 3).
Supervisor Daniel Q. Marshall explained the Section 125 (cafeteria) plan as an employee option to pay health insurance premiums pre‑tax, and emphasized that adoption carries no cost to the town. On a motion by Councilwoman Meg Fuller and seconded by Councilman Stephen Cowley the board accepted the Section 125 plan; Marshall read a certificate of resolution confirming the board vote.
The plan was presented as an administrative benefit to employees; no implementation timeline or effective date beyond the acceptance was recorded in the minutes. The Clerk stated she had received a Certificate of Resolution showing that the Board voted and approved the plan.
