HRA – VEBA
In 2015, the City of Springfield passed a resolution authorizing participation in HRA/VEBA to support retirees with post-retirement medical expenses. These accounts are subject to IRS establishment, funding and reimbursement rules. Below are documents that may be useful in explaining what the HRA/VEBA program is and how it operates. Please contact Human Resources for more information.
| Document | Description |
|---|---|
| VEBA Plan Summary | Provides a high level description of the HRA/VEBA program. |
| Frequently Asked Questions | Updated 12/6/2018. |
| Plan Benefits Brochure OREGON | Informational brochure that provides more history and information about HRA/VEBA. |
| Qualified Expenses and Premiums | Describes common examples of qualified expenses and premiums eligible for reimbursement through the HRA/VEBA account. |
| HRA Mobile Device App Flyer | HRA/VEBA funds are accessible through a smart devices. |
| Investment Fund Overview | This document shows the average annual returns for the investment options as of June 30, 2018. |
| HRA HSA FSA Comparison | Provides a comparison between the HRA/VEBA account, an HSA, and an FSA health care account. Though the City also provides an HRA account, this comparison is between the HRA/VEBA and these other types of health care programs. |
| Survivor Benefits | Describes what happens to your HRA/VEBA account if you pass away. |
| Progression of Benefits After Death | A visual description (flow chart) of what happens to the account. |
| HRA/VEBA Contact Information | If you have additional questions about this progrm in general, please use these contacts. If you have questions about the City’s program, please contact the City’s HR Department. |
| HRAVEBA.org | Link to vendor website. |
