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4J, Adoption of the 2011 City Contribution for Employee Benefit
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4J, Adoption of the 2011 City Contribution for Employee Benefit
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10/24/2024 10:24:44 AM
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2/2/2011 9:12:21 AM
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12-13-10 Regular City Counicl Meeting
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� <br />-�i .R�EN HII,LS <br />MEMORANDUM <br />DATE: December 13, 2010 <br />TO: Honorable Mayor and City Couricil Members <br />Patrick Klaers, City Administrator <br />FROM: Sue Ivexson, Direcior of Finance and Administrative Services f�� <br />SUBJECT: Adoption af the 2011 City Contributzon �or Ezx�ployee Benef ts <br />Sack�round <br />Each year in Decezx�ber, the City set the monthly contribution rate for e�nployee benefits <br />far #he next year. <br />Discuss�on <br />As part af the annual budget and levy adoption process, the Cauncil is also asked to <br />approve the 2011 City contribuiion for employee benefits. The City contribution rate is <br />currently set by increasing the current contMbution by 50% o�the increase in premituns <br />for the nex� year of the HSA plan. The employee contributioz� rate of $&80.21 per <br />month per employee �ox 2011 has been calculated into the proposed 2011 budget as <br />discussed at pxevious Council worksessions. {For reference, there is no change from <br />2010 to 2011 — the confiribution arr�ount remains the same.) <br />Council Action <br />Motion io adopt Resolution 2010-472, a Resolution setting the City Contxibutxon to <br />Ernployee Monthly Benefits at the amount o� $680.21 per month, per ezz�.ployee {provided <br />they participate in the HSA plan or have faznily coverage, single coverage amount only if <br />they participate in the Co-Pay Plan.). <br />Attachments: <br />Resolution 2010-072 <br />City Cauncil Meeting <br />11Metro-inet.uslardenhillslAdminlCouncillAgendas & 1'acket Information12009112-I4-09 RegularlPacket <br />Informationl2Dl 1 City Benefit Contribution.doc <br />Page 1 of 1 <br />
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