City enacts new retirement health savings plan
By TAMMY R. LAWSON, TIMES-REPUBLICANThe new retirement health savings plan for city employees rounded out talks Monday at a meeting of the Marshalltown City Council, as Human Resource Director Nathan Stucky updated on the plan which was passed Sept. 14.
Administered by The International City Manager's Association (ICMA), the plan will allow employees to set aside money for paying various medical expenses upon retiring or separation of employment. It also will be tax deferred with no start-up fees.
Upon severance, the city would take any accrued, unused or sick-pay time and place it into an account, Stucky added, which would be distributed into funds similar to a 401K or Roth IRA.
In other council discussion, Mike Fields, director of the Water Pollution Control Plant, said plans are set in motion for its fall reroofing project. The job will involve five different buildings of the company.
In association with the facility's capital improvement plan, the low project bid was offered by Koopman Roofing of Pella in the amount of $25,345.92.
In addition, the plant uses hydrated lime to raise PH levels and alkalinity as part of the treatment process. Therefore a bid is being considered from Western Lime Corp. for $156 per ton.
Lastly, the Marshalltown Compost Facility will allow free drop-off of leaves only for lawn rakers Nov. 6 through Nov. 13, located at 900 Woodland Street.
Hours of operation are Monday through Friday from 10 a.m. to 6 p.m. and Saturday from 9 a.m. to 4 p.m.
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Contact Tammy R. Lawson at 641-753-6611 or tlawson@timesrepublican.com







