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'I't <br /> EN HILLS <br /> MEMORANDUM <br /> DATE: December 10, 2012 <br /> TO: Honorable Mayor and City Council Members <br /> Patrick Klaers, City Administrator <br /> FROM: Sue Iverson, Finance Director of Finance and Administrative Services <br /> SUBJECT: Adoption of the 2013 City Contribution for Employee Benefits <br /> Background <br /> Each year in December, the City sets the monthly contribution rate for employee benefits <br /> for the next year. <br /> Discussion <br /> As part of the annual budget and levy adoption process,the Council is also asked to <br /> approve the 2013 City contribution for employee benefits. The City contribution rate is <br /> currently set by increasing the current contribution by 50% of the increase in premiums <br /> for the next year of the HSA plan. Since the City discontinued the Co-Pay Plan and <br /> added an embedded deductible HSA Option as a second plan, there is no change to the <br /> contribution rate this year as this plan's premium is lower than the other HSA option. <br /> The employee contribution rate of$697.42 per month per employee for 2013 has been <br /> calculated into the proposed 2013 budget as discussed at previous Council worksessions. <br /> Council Action <br /> Motion to adopt Resolution 2012-047, a Resolution setting the City Contribution to <br /> Employee Monthly Benefits at the amount of$697.42 per month, per employee. <br /> City Council Meeting <br /> P:\Admin\Council\Agendas&Packet Information\2012\12-10-12 Reg Mtg\Packet\2013 City Benefit <br /> Contribution.doc <br /> Page 1 of 1 <br />