HomeMy WebLinkAbout15.E.3. 2004 City Benefits Contribution-Res. No. 5983
/5 ;;.3,
CITY OF SHAKOPEE CONSENT
Memorandum
TO: Mayor and City Council
FROM: Mark McNeill, City Administrator
SUBJECT: 2004 City Benefits Contribution
DATE: November 26, 2003
Introduction:
The Council is asked to adopt a resolution setting the maximum contribution for 2004 employee
insurance benefits.
Background:
Each year, the Council determines the amount that it will contribute towards certain employee
benefits, such as health insurance, dental insurance, and post employment health plans.
The attached resolution identifies those contributions. After negotiations with Medica, the 2004
health insurance coverage reflects an average of a 12.9% increase. Dental insurance rises from
$27.30 per month, to $28.35 per month per employee, and the City's contribution towards post
employment health coverage for employees remains at $25.00 per month.
Budget Impact:
All of these expenses are included in the 2004 operating budget.
Recommendation:
I recommend that the Council adopt the contribution levels for 2004 as described.
Action Required:
If the Council concurs, it should, by motion, adopt the following resolution:
Resolution No. 5983
A Resolution Adopting The City of Shako pee's Level of Contribution
For Employee Benefits For The Year 2004
~~
Mark McNeill
City Administrator
EFF 1-1-04 MEDICA ~ EFF 1-1-03 MEDICA
MCS300 87545 SINGLE 2-PARTY FAMIL Y ~ MCS300 87545 SINGLE 2-PARTY FAMILY
MCS300 ($300/$600) $ 287.74 $ 575.49 $ 917.58 ~MCS300 ($300/$600) $ 254.87 $ 509.75 $ 812.77
CITY CONTRIBUTION $ 287.74 100% $ 506.43 88% $ 665.24 72.5%~CITYCONTRIBUTION $ 254.87 $ 448.58 $ 589.26
EEMONTHLYCOST $ - $- $ 69.06 12% $ 252.33 27.5%~EEMONTHLYCOST $ - $ 61.17 $ 223.51
PAYROLL $ 34.53 $ 126.17 ~ PAYROLL $ 30.59 $ 111.76
ij//////////////////////////////////////////////////////////////////////////////////////////////~////////////////////////////////////////////////////////////h'
MCS787543 SINGLE 2-PARTY FAMIL Y ~ MCS7 87543 SINGLE 2-PARTY FAMILY
MCS7 $15copaywhite book $ 337.42 $ 674.85 $1,076.02 ~MCS7$15copaywhitel $298.88 $ 597.76 $ 953.11
CITY CONTRIBUTION $ 337.42 100% $ 593.87 88% $ 780.12 72.5% ~ CITY CONTRIBUTION $ 298.88 $ 526.03 $ 691.00
EEMONTHLYCOST $ - $ 80.98 12% $ 295.91 27.5%~EEMONTHLYCOST $ - $ 71.73 $ 262.11
PAYROLL $ 40.49 $ 147.95 ~ PAYROLL $ 35.87 $ 131.05
~~..00'"...00000'#/##/////////////////h0'#////~//////////////////////~#####///////#~#/#////~~##/h0'//#//...0
ME7 87544 SINGLE 2-PARTY FAMIL Y ~ ME7 87544 SINGLE 2-PARTY FAMIL Y
ME7 $15 copay small network $ 303.68 $ 607.36 $ 968.43 ~ME7 $15 copay small nl $ 268.99 $ 537.98 $ 857.80
CITY CONTRIBUTION $ 303.68 100% $ 534.47 88% $ 702.11 72.5%~CITYCONTRIBUTION $ 268.99 $ 473.42 $ 621.91
EEMONTHLYCOST $ - $ 72.88 12% $ 266.32 27.5%~EEMONTHLYCOST $ - $ 64.56 $ 235.90
PAYROLL $ 36.44 $ 133.16 ~ PAYROLL $ 32.28 $117.95
For Full-time Employees
2004@12.895%
RESOLUTION NO. 5983
A RESOLUTION ADOPTING THE CITY OF SHAKOPEE'S
LEVEL OF CONTRIBUTION FOR EMPLOYEE BENEFITS
FOR THE YEAR 2004
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE,
MINNESOTA, that the City's maximum contribution towards health insurance for the
year 2004 shall not exceed the following:
Single Coverage 2- Party Coverage Family Coverage
$337.42/month $593.87/month $780.12/month; and
the City's contribution towards dental insurance for the year 2004 shall be
$28.35/month, equivalent to the cost of single preventative dental; and
the City shall continue a Post Employment Health Plan (PEHP) for the year 2004
and contribute $25/month for eligible employees.
BE IT FURTHER RESOLVED, that all Resolutions in conflict with this
resolution are hereby repealed and terminated effective January 1, 2004.
Adopted in session of the City of Shakopee, Minnesota, held this
day of ,2003.
Mayor of the City of Shako pee
ATTEST:
City Clerk