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4E, Adopt 2010 City Contribution to Benefits
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4E, Adopt 2010 City Contribution to Benefits
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Last modified
3/26/2024 2:35:46 PM
Creation date
12/16/2009 10:58:16 AM
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Adopt 2010 City Contribution to Benefits
General - Type
Employee Benefits
Date
12/14/2009
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--ARQEN HILLS <br />MEMORANDUM <br />DATE: December 14, 2009 <br />TO: Honorable Mayor and City Council Members <br />Ron Moorse, City Administrator <br />FROM: Sue Iverson, Finance Director/Treasurer <br />SUBJECT: Adoption of the 2010 City Contribution for Employee Benefits <br />Backiround <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 2010 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. The employee contribution rate of $680.21 per <br />month per employee for 2010 has been calculated into the proposed 2010 budget as <br />discussed at previous Council worksessions. (For reference, the 2009 rate was $672.00 <br />per month per employee) <br />Council Action <br />Motion to adopt Resolution 2009-039, a Resolution setting the City Contribution to <br />Employee Monthly Benefits at the amount of $680.21 per month, per employee (provided <br />they participate in the HSA plan or have family coverage, single coverage amount only if <br />they participate in the Co -Pay Plan). <br />Attachments: <br />Resolution 2009-03 9 <br />City Council Meeting <br />\\Metro-inet.us\ardenhills\Admin\Council\Agendas & Packet Information\2009\ 12-14-09 Regular\Packet <br />Information\2010 City Benefit Contribution. doc <br />Page 1 of 1 <br />
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