Taxation.
San José Municipal Code § 3.54.130
in effect3.54.130 - Taxation.
The trust provides no guaranty that payments or reimbursements to employees, former employees, retirees, or dependents will be tax-free. The trustees may obtain a ruling from the internal revenue service concerning the federal tax treatment of the trust's income. The ruling concerning federal tax treatment of the trust's income may not be cited or relied upon by the city whatsoever as precedent concerning any other matter relating to the city's health plan(s) (including post-retirement health plans). The trustees and the city may also obtain a ruling from the Internal Revenue Service concerning whether contributions to the city's health plan(s) and/or payments from the city's health plan(s) (including reimbursements of medical expenses) are excludable from the gross income of employees, former employees, retirees or dependents, under the IRC.
(Ord. 29065.)
Source: City of San José, Municipal Code (Municode Library, library.municode.com)URL: https://library.municode.com/ca/san_jose/codes/code_of_ordinances?nodeId=TIT3PE_IIREPL_CH3.54PODEHECATRFU_PT2TRESPU_3.54.130TAFetched: 11/1/2026