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CONSENT ITEM - 8C <br />-ADEN HILLS <br />MEMORANDUM <br />DATE: December 9, 2024 <br />Honorable Mayor and City Councilmembers <br />TO: Jessica Jagoe, Interim City Administrator <br />FROM: Joua Yang, Finance Director <br />SUBJECT: 2025 City Contribution to Employee Monthly Benefits <br />Budgeted Amount: Actual Amount: Funding Source: <br />N/A N/A N/A <br />Council Should Consider <br />Motion to approve, table or deny the following: <br />Resolution 2024-056 setting the City Contribution to Employee Monthly Benefits for the 2025 <br />benefit year. <br />Background <br />Each year, the City needs to review the employee benefit options for the coming year and set the <br />monthly contribution rates. <br />Discussion <br />The City is maintaining its current health and dental insurance provider, Health Partners, rate <br />increases for medical were approximately eighteen percent, while dental did not see an increase <br />(Staff did ask NFP to compare rates to other providers and staying with Health Partners was the <br />least expensive). No changes were made to the Life, Short Term or Long Term Disability benefits. <br />The only change being proposed this year is for non -union employees on the family plan; they will <br />see their contribution go from $315 to $330.75 per month, which is a five percent increase. <br />Budtet Impact <br />The increases have been accounted for in the proposed 2025 budget. <br />Attachments <br />Attachment A: Resolution 2024-056 <br />Page l of 1 <br />