Laserfiche WebLink
Einancial Imol itions <br /> taf f estimates the .,cost of providing this benefit at approx14 mately <br /> $6,900# This estimate is based' on an assumption that 15 percent of the <br /> employees will choose single medical coverage and the remaining 85 <br /> percent will choose vacation benefits <br /> The cost of providing -.-a full menu of prorated vacation and sick leave <br /> benefits would be approximately $13 , 6000 The cost of providing <br /> prorated medical insurance benefits is estimated at an additional <br /> $15F2000 <br /> Staff Reoommendat , <br /> Staff believes the proposed plan to be a reasonable compromise between <br /> providing o full s 1 ate of prorated medical and leave benefits and., no <br /> benefits whatsoever.s Based on this belief, staff recommends approval <br /> of the proposed plan <br /> COUNCIL ACTION REQUESTED: <br /> motion authorizing staff to add the proposed new benefits to the City <br /> of Roseville Employee Flexible Benefit plan and to amend the plan <br /> accordingly and update it to comply with changes in the internal <br /> Revenue Service Code. <br />