[Ord. 2972, 1979; Ord. 3009 §§ 1, 2, 1981]
(A) Employer Contributions. The Meadville city employees prescription drug reimbursement fund shall be funded by contributions of the City of Meadville. Contributions shall be allocated to appropriate unit and employee accounts upon receipt of the fund.
(B) Basis of Contribution. City contributions to the fund shall be based upon rates from time to time approved by motion of the city council of the City of Meadville whether through approval of labor relations agreements or otherwise.
(C) Time for Making Contribution. Contributions shall be paid from the general fund to the Meadville city employees prescription drug reimbursement fund in equal quarterly installments and shall be paid on or before the last day of each quarter.
(D) Allocations of Contributions to Unit and Employees Accounts. Upon receipt of contributions by the fund, such contributions shall be immediately assigned to the appropriate unit and employee accounts in accord with the terms of this article, then existing labor relations agreements or separate council action.
(E) Charging of Claims. Individual employee claims for reimbursement of prescription drug expense made pursuant to the terms of this article shall be charged to the applicable employee and unit accounts within the fund when paid.
(F) Accounting. An annual accounting of all transactions of the Meadville city employees prescription drug reimbursement fund shall be made and filed among the record of the City of Meadville. Such accounting shall be in writing and as a public record shall be available for review by any employee of any participating employee group.
(G) Abatement of Contributions. Whenever the fund balance allocable to any unit account is sufficient in amount that the net interest thereupon, after administration expenses, equals the contribution to such unit account then required under the terms of labor relations agreements or city council directives, direct city contributions shall cease and abate. Direct city contributions will resume when necessary to meet agreed funding levels.