Laserfiche WebLink
REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />SEPTEMBER 1, 2015 <br />TITLE; <br />EMPLOYEE GROUP INSURANCE <br />RENEWALS (STRATEGIC PLAN NO. 7,6) <br />CITY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 1't Reading <br />❑ Ordinance on 2n° Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />Authorize the City Attorney to prepare and authorize the City Manager and Clerk of the Council to <br />execute agreements for the renewal of long term disability, medical, dental, vision, employee <br />assistance, employee group life and accidental death and dismemberment insurance, subject to <br />non - substantive changes approved by the City Manager and City Attorney. <br />DISCUSSION <br />The City's employee group benefit policies, contracts and agreements are renewed annually on <br />January 1. Currently the City provides life and accidental death & dismemberment (AD &D) <br />coverage and long -term disability (LTD) insurance through Aetna for full -time employees. We are <br />currently in the second year of a two -year rate guarantee for Life, AD &D and LTD rates through <br />December 31, 2016. <br />Life Insurance <br />25E -1 <br />AInsu aftce <br />Lltetskura c e�. <br />$0.102 per $1000 <br />$0.102 per $1000 <br />0.0% <br />�A`cid�tD��f{ <br />$0.020 per $1000 <br />$0.020 per $1000 <br />0.0% <br />25E -1 <br />