MEMORANDUM OF UNDERSTANDING WITH THE CULVER CITY POLICE MANAGEMENT GROUP JULY 1, 2025, THROUGH JUNE 30, 2028. - Flipbook - Page 38
ARTICLE FOUR
3.
IX.
It is understood that no significant changes in benefit levels will occur
without meeting and conferring with PMG.
IRS SECTION 125 FLEXIBLE SPENDING ACCOUNT
The City provides a flexible spending account for medical expenses and
dependent care, pursuant to Section 125 of the Internal Revenue Service Code
(Section 125), as amended. Under Section 125, the maximum annual amount an
employee may contribute on a pre-tax basis is statutorily set.
Pursuant to Section 125, employees may contribute pre-tax earnings into these
accounts. The medical expense contribution may be used for reimbursement of
medical expenses such as deductibles, co-pays and expenses in excess of what
insurance covers. Dependent care expenses may not be reimbursed until after
they are actually incurred - i.e., after the care has been provided, and not when the
participant is formally billed. Reimbursable dependent care expenses are nonhealth care expenses that include insuring a qualified dependent’s well-being and
protection. Qualified dependents are children under age 13, disabled spouses and
other dependents who are physically or mentally incapable of self-care, and who
regularly spend at least eight hours each day in the taxpayer's household.
Pursuant to Section 125, eligible reimbursable expenses must be incurred within
the calendar year, January 1st through December 31st, and must be submitted for
reimbursement no later than March 31st of the following calendar year. Receipts
submitted after March 31st in the following calendar year shall be forfeited.
There are other limitations and restrictions set forth by the Internal Revenue
Service.
X.
ON-DUTY DEATH / FUNERAL BENEFIT
A.
BENEFIT
1.
In recognition of services rendered, should any unit employee die in
the line of duty, the City will provide the beneficiary or estate of the
unit employee a funeral benefit payment of $15,000.
2.
This benefit shall be payable over and above any benefits payable
through PERS or Labor Code provisions.
PMG MOU 20222025-2025
Page 36
57222818.1/005528.00067
2028
