Res. No. 142-06-12283RESOLUTION NO.142-06-1 2 283
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE
CITY OF SOUTH MIAMI,FLORIDA,AUTHORIZING THE CITY
MANAGER TO ENTER INTO A CONTRACT WITH STANDARD
INSURANCE TO PROVIDE LIFE/ACCIDENTAL DEATH AND
DISMEMBERMENT AND LONG TERM DISABILITY INSURANCE FOR
CITY OF SOUTH MIAMI FULL-TIME EMPLOYEES;PROVIDING AN
EFFECTIVE DATE.
WHEREAS,theCity currently contributes one hundred percent (100%)of the
premiumsforlife/accidental death/dismemberment andlongtermdisabilityinsuranceforits
fulltime employees;and
WHEREAS,currently,the City's contract with Standard Insurance isupforrenewal;
and
WHEREAS,the insurance carrier (Standard Insurance)has agreed toholdthe same rates
for another plan year;and
WHEREAS,withthe selection of Standard Insurance,the designated Agent of Record
willbeEmployeeBenefitsConsultingGroupuntilsuchtimeasthecontractexpiresoruntil
determined by either party.
NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF SOUTH MIAMI,FLORIDA,THAT;
Section 1.This contract shallbe effective October 1,2006 and shall be renewable on
an annual basis.
Section2.Thisengagementisatwillandshallcontinueuntileitherpartyterminates
the engagement bygivingwrittennoticetotheother party.TheCityshallnotbechargedfor
AgentofRecordservices;EmployeeBenefitsConsultingGroupshallbeinsurer.
Section 3.Thisresolutionshalltakeeffectimmediatelyuponapproval.
PASSED AND ADOPTED this _/^f_day of August,2006.
SIGNATURES ON FOLLOWING PAGE
Res.No.142-06-12283
ATTEST:
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City Clerk r
READ AND APPROVED AS TO FORM:
c
CITY ATTORNEY
APPROVED:
CommissionWote:5-0
Mayor Feliu:Yea
Vice Mayor Wiscombe:Yea
Commissioner Palmer:Yea
Commissioner Birts:Yea
Commissioner Beckman:Yea
C:\Documents andSettings\SRolhstein\My Documents\Reso-Ord\standard insurance reso.doc
To:
Via:
From:
Date:
Subject:
Request:
South Miami
CITY OF SOUTH MIAMI
OFFICE OF THE CITY MANAGER
INTER-OFFICE MEMORANDUM
miir
2001
The Honorable Mayor Feliu andMembers of theCity Commission
Yvonne S.McKinley,Acting City Manager \\MflJ-^
Jeanette Navarro,Human Resources Manager V)
August 1,2006 Item No.Z£
Renewal of contractwithStandardInsurancetoprovideLife/ADDandLTDInsurancefor
employees.
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE
CITY OF SOUTH MIAMI,FLORIDA,AUTHORIZING THE CITY
MANAGER TO RENEW THE CONTRACT WITH STANDARD
INSURANCE TO PROVIDE LIFE/ADD AND LTD INSURANCE FOR
CITY OF SOUTH MIAMI FULL TIME EMPLOYEES PROVIDING AN
EFFECTIVE DATE.
Reason/Need:Currently,theCitycontributesonehundredpercent(100%)of thepremiumsfor
Life/AccidentalDeathand Dismemberment andLongTermDisabilityinsuranceto
all of the City's fulltimeemployees.The City's contractwithStandardInsuranceis
upfor renewal andtheyhaveagreedtohold the sameratesforanotherplan year.
Backup Documentation:
Renewal letter
Employee Benefits Consulting Group
July 24,2006
Ms.Jeanette Navarro
Human Resource Manager
City of South Miami
6130 Sunset Drive
South Miami,Florida 33143
Re:Life/AD&D andLongTermDisability
Dear Jeanette:
•/
Standard Insurance has agreed toholdthe Life/AD&D and LongTerm Disability rates for
anotherplanyear (10/01/06-9/30/07).Therateswillremainatthecurrentlevel:
Life/AD&D -$.17/$1,000 of coverage
LongTermDisability-$.24/$100 of monthly covered payroll
Please call meif you have any questions or concerns.I look forward to discussing this in further
detail.
Sincerely,
Gene Baynon
Principal
GB/jc
12525 Orange Drive,Suite 703 •Davie,Florida 33330
Phone:(954)473-1034 •Fax:(954)473-0146 •Web:http://www.ebcg.net