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Home My WebLink AboutCity of Tamarac Resolution R-2008-155u Temp. Reso. #11499 October 9, 2008 Page 1 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-2008- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO APPROVE THE RENEWAL OF LONG-TERM DISABILITY INSURANCE COVERAGE WITH UNUM FOR INSURANCE COVERAGE FOR EMPLOYEES IN THE ELECTED, APPOINTED, EXECUTIVE, MANAGERIAL/PROFESSIONAL AND ADMINISTRATIVE CATEGORIES WHO PARTICIPATE IN EITHER THE CITY'S 401(A) RETIREMENT PLAN OR THE ELECTED AND APPOINTED OFFICERS AND NON - REPRESENTED EMPLOYEES RETIREMENT PLAN EFFECTIVE JANUARY 1, 2009;; PROVIDING FOR THE CONTINUATION OF THE EXISTING COST ALLOCATION OF THE LONG-TERM DISABILITY INSURANCE PREMIUM BETWEEN THE CITY AND EMPLOYEES; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the long-term disability insurance was awarded to UNUM effective January 1, 1998, renewing on January 1, 2009; and WHEREAS, the rates for long-term disability coverage will remain the same, at $.47 per $100 of covered payroll this renewal period, January 1, 2009 through December 31, 2009 as indicated in the letter from UNUM dated April 28, 2008 hereto as Exhibit #1; and WHEREAS, the Human Resources Director recommends the renewal of the long-term disability insurance coverage with no increase in premium rates effective January 1, 2009 for employees in the Elected, Appointed, Executive, Managerial/Professional and Administrative categories who participate in either the City's 401(a) retirement plan or the Elected and Appointed Officers and Non - Represented Employees Retirement Plan; and Temp. Reso. #11499 October 9, 2008 Page 2 WHEREAS, available funds exist in the appropriate Governmental Funds which are in the approved FY2009 Budget; and WHEREAS, the City Commission has deemed it to be in the best interest of the citizens and residents of the City of Tamarac to provide long-term disability insurance benefits for the City employees. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part of this Resolution. SECTION 2: That the appropriate City officials are hereby authorized to approve the renewal of UNUM as the City's carrier for long-term disability insurance coverage for City of Tamarac employees in the Elected, Appointed, Executive, Managerial/Professional and Administrative categories who participate in either the City's 401(a) retirement plan or the Elected and Appointed Officers and Non -Represented Employees Retirement Plan with no increase in premium rates effective January 1, 2009. SECTION 3: That the appropriate City officials are hereby authorized to continue the existing cost allocation of the long-term disability insurance premium between the City and the employees in the Elected, Appointed, Executive, Managerial/Professional and Administrative categories who participate in either the City's 401(a) retirement plan or the Elected and Appointed Officers and Non -Represented Employees Retirement Plan. 1 1 1 Temp. Reso. #11499 October 9, 2008 Page 3 SECTION 4: That all resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. SECTION 5: That if any clause, section, or other part or application of this Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid, in part or application, it shall not affect the validity of the remaining portions or applications of this Resolution. SECTION 6: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this ),;day of ,� �..c, 2008. , ATTEST: MARION SWENSON, CMC CITY CLERK I HEREBY CERTIFY that I have approved this RESOLUTION as to form. MUEL 8. G EN CITY ATTORNEY BETH FLANSBA -TALABISCO MAYOR RECORD OF COMMISSION VOTE: MAYOR FLANSBAUM-TALABISCO DIST 1: COMM PORTNER DIST 2: COMM ATKINS-GRA45 DIST 3: V/M SULTANOF DIST 4: COMM. DRESSLE FXHIRII' 1 April 28, 2008 Nora Charles City of Tamarac 7525 NW 881" Avenue Tamarac, FL 33321 REVISED Re: Long Term Disability Policy #522899 Unum Life Insurance Company of America Dear Nora: 1000 Saudi Pin(., Island l;oxl ilk, 100 1'Idlitti1tion, Ft. ..' W ii r 800 ,311 031 t> wwW,(j1[urn.uOrn Thank you for choosing Unum as your insurance provider. By selecting coverage from Unum, you are partnering with a leader among group and individual disability benefit providers, - and with a company that is dedicated to providing responsive service and reliable protection at an affordable price. We offer innovative plan designs as well as unparalleled employee support programs. When looking at the cost of insurance, it is important to consider the value you get for the premium you pay. Based on our review of your policy this renewal period, we are making the following rate adjustment(s) to your premium effective 01/01/2009: Current Rate Renewal Rate Rate Guaranteed Until LTD: 0.470/$100 0.470/$100 01/01/2010 The enclosed renewal summary outlines additional information specific to your company, Please take a few minutes to review this document. If you have any questions, please contact me or your broker. In addition, I can review all the options available through our group product portfolio to enable you to craft a cost effective benefit plan that meets the needs of your total employee population. We look forward to strengthening our partnership and continuing to serve your company's benefit needs. Re ar s,, Allison Frederick Group Sales Consultant Unum cc: McKinley Financial Services, Inc.