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HomeMy WebLinkAboutS03-Finance - . CITY OF SAN BER~RDINO - REQUEST20R COUNCIL ACTION Barbara Dillon, Director of Personnel t;P S~'.' . Victor Lorch, Director of Risk Management . Adoption of UNUM Insurance Company's Andrew Green, Di rector of Fi nance /-/ Long Term Di sabil ity Pol icy for Manage- ment/Confidential and Mid Management employees From: Dept: Date: December 20, 1991 Synopsis of Previous Council action: Adoption of Resolution No. 90-66 on March 5, 1990, authorizing the execution of an agreement relating to implementation of a long term disability program for manage- ment and confidential employees. Recommended motion:' Adopt resolution authorizing an agreement with UNUM Insurance Company, replacing Standard Insurance Company. /7 / ) -.(// / <t-/.,""l~/I r-I' /1 6 'f' .', . / 1/". . - \,,< .',-- ~ ([- i . Signature Contact person: Vi ctor Lorch/Barbara Di llon/Andrew Green Phone: 384-5308 Supporting !lata attached: Yes Ward: N/A FUNDING REQUIREMENTS: Amount: NIl\- Source: LX-1W Dr- Finance: Council Notes: 75-0262 Agenda Item No. S - 3 I CITY OF SAN BERCARDINO - REQUESTQOR COUNCIL ACTION STAFF REPORT On March 5, 1990, Council adopted Resolution No. 90-66 authorizing the execution of an agreement with standard Insurance Company relating to implementation of a long term disability (LTD) program for Management and Confidential employees. We are recommending replacement of the Standard Policy at no additional cost to the City. The policy covers 120 Management/ Confidential and 73 Mid-Management employees. The city pays the premiums for Management/Confidential while Mid-Management employees pay their own premiums. The current rates are $23.90/member/month for Management/Confidential and $23.90/member/month for Mid- Management. The new rate is $23.76 per employee for the UNUM policy. The UNUM policy increases the benefits of Long Term Disabili ty from 1 year to 5 years. However, the program is designed to provide co-ordination of benefits and return employees to the workplace through incentives. There is no increase in cost to the City and will not impact the General Fund. The policy will become effective 1/1/92, and may be terminated at any time by giving prior written notice to UNUM Insurance company. In your packets is a Resolution to adopt the complete LTD policy. If the Resolution is delayed until the next Council meeting, we could have an increae in premium by the carrier. 75-0264 nsurance Company, a copy of which is attached hereto, marked Exhibit 18 'A" and incorporated herein by reference as fully as though set forth 19 20 21 22 23 24 9 10 11 12 13 14 15 16 17 o o 1 2 3 4 5 RESOLUTION NO. RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE PTION OF UNOM INSURANCE COMPANY LONG TERM DISABILITY POLICY FOR AGEMENT/CONFIDENTIAL AND MID MANAGEMENT EMPLOYEES. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: WHEREAS, the Council adopted Resolution No. 87-155 on May 18, 6 1987, relating to implementation of a long term disability program 7 8 for management and confidential employees, WHEREAS, Council later authorized the addition of Mid anagement employees to that policy, WHEREAS, UNOM Insurance Company has prepared a comprehensive document incorporating all relevant parts of the application or insurance adopted by Resolution No. 87-155 plus subsequent mendments to that application as described in the staff report. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL F THE CITY OF SAN BERNARDINO that the UNUM Insurance Company LTD olicy be adopted, replacing the present policy with Standard Life This Resolution shall apply only to the Managementl onfidential and Mid-Management city employees. I HEREBY CERTIFY that the foregoing Resolution was duly dopted by the Mayor and Common Council of the City of San Bernardino I I I I I 25111// 261//// 27///// 28///// 12123/91 I i I I RESOLUTION~HORIZING THE ADOPTION OF~UM INSURANCE COMPANY LONG1 TERM DISAB Y POLICY FOR MANAGEMENT/\.JFIDENTIAL AND MID MANAGE-II MENT EMPLOY ES. 1 at a 2 meeting thereof, held of the day 0 , 1990, by the following vote, to wit: 3 4 Council Members: 5 6 7 8 AYES !fAX.S. ABSTAIN ESTRADA REILLY HERNANDEZ MAUDSLEY MINOR POPE-LUDLAM MILLER 9 10 11 12 day of 13 14 CITY CLERK The foregoing Resolution is hereby approved this , 1991. w. R. HOLCOMB, Mayor City of San Bernardino 15 Approved as to form 16 and legal content: 17 JAMES F. PENMAN City Attorney 18 " By: ( ) i 19 p ~-.-.I <. : "." ~ .~'-/---..... 20 / 21 22 23 24 25 26 27 28 12/23/91 -2-