HomeMy WebLinkAboutCity of Tamarac Resolution R-2003-244Temp. Reso. #10267 — October 13, 2003
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CITY OF TAMARAC, FLORIDA
RESOLUTION NO. R-2003-
A RESOLUTION OF THE CITY COMMISSION OF
THE CITY OF TAMARAC, FLORIDA,
AUTHORIZING THE APPROPRIATE CITY
OFFICIALS TO APPROVE THE RENEWAL OF
BASIC LIFE INSURANCE AND ACCIDENTAL
DEATH & DISMEMBERMENT COVERAGE WITH
METROPOLITAN LIFE INSURANCE COMPANY
AT THE PRESENT RATE THE CITY PAYS FOR
BASIC LIFE INSURANCE AND ACCIDENTAL
DEATH & DISMEMBERMENT INSURANCE
COVERAGE EFFECTIVE JANUARY 1, 2004;
PROVIDING FOR THE CONTINUATION OF THE
EXISTING COST ALLOCATION OF THE BASIC
LIFE INSURANCE AND ACCIDENTAL DEATH &
DISMEMBERMENT INSURANCE PREMIUM
BETWEEN THE CITY AND EMPLOYEES;
PROVIDING FOR CONFLICTS; PROVIDING FOR
SEVERABILITY; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the basic life insurance and accidental death and
dismemberment coverage was awarded to Metropolitan Life Insurance Company
on December 1, 1990 and is scheduled to expire on December 31, 2003; and
WHEREAS, Metropolitan Life Insurance Company has indicated its desire
to renew basic life insurance and accidental death and dismemberment coverage
for the City of Tamarac as indicated in the letter dated October 10, 2003, which is
attached hereto as Exhibit #1; and
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Temp. Reso. #10267 — October 13, 2003
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WHEREAS, the City has received a renewal continuing its present rates
for this renewal period for basic life insurance coverage from January 1, 2004
through December 31, 2004; and
WHEREAS, the rates for basic life insurance coverage will be; $.33 per
month per $1,000 from January 1, 2004 through December 31, 2004; and
WHEREAS, the City has received a renewal continuing its present rates
for this renewal period for accidental death and dismemberment coverage from
January 1, 2004 through December 31, 2004; and
WHEREAS, the rates for accidental death and dismemberment coverage
will be; $.04 per month per $1,000 from January 1, 2004 through December 31,
2004; and
WHEREAS, there will be no change in the various rates that retirees pay
for basic life insurance or accidental death & dismemberment coverage
effective this renewal period, January 1, 2004 through December 31, 2004; and
WHEREAS, the Human Resources Director recommends the renewal of
the basic life insurance and the accidental death & dismemberment coverage
with a continuation of present premium rates effective this renewal period,
January 1, 2004 through December 31, 2004; and
Temp. Reso. #10267 — October 13, 2003
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WHEREAS, available funds exist in the appropriate funds which are in
the approved FY2004 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 basic life
insurance and accidental death and dismemberment benefits for City
employees.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF TAMARAC, FLORIDA:
SECTION 1: 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 Metropolitan Life Insurance Company as
the City's carrier for basic life insurance and accidental death &
dismemberment coverage for City of Tamarac employees with a continuation of
present premium rates effective this renewal period, January 1, 2004 through
December 31, 2004 with the monthly rate as follows: Basic Life $.33 per month
per $1,000 and Accidental Death and Dismemberment $.04 per month per
$1,000.
SECTION 3: That the appropriate City officials are hereby
authorized to continue the existing cost allocation of the basic life insurance
and accidental death & dismemberment premium between the City and the
employees.
Temp. Reso. #10267 — October 13, 2003
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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 its passage and adoption.
PASSED, ADOPTED AND APPROVED this 22"d day of October, 2003.
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JOE SCHREIBER
MAYOR
ATTEST:
MARION SWENSON, CMC
CITY CLERK
I HEREBY CERTIFY that
I have approved this
RESOLUTION as to form.
MITCHELL KRA
CITY ATT 'RNEY'
RECORD OF COMMISSION VOTE:
MAYOR SCHREIBER
DIST 1: COMM. PORTNER
DIST 2: COMM. FLANSBAUM-TALABIS
DIST 3: COMM. SULTANOF
DIST 4: V/M ROBERTS , r
E
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Oct 13 03 04:08p Steve Kovash p-2
03 OCT 13 PH 5: 13
October 10, 2003
Robin Kalins
City of Tamarac
7525 N.W. 88th Avenue
Tamarac, FL 33321
Re: City of Tamarac
Renewal - 01/01/2004
Dear Robin,
EXHIBIT 1.
-rP.- la, 6--, 7
MetLife appreciates the opportunity to be a part of your benefit program. This letter confirms your
renewal for the 2004 plan year.
I am pleased to advise you that the rates currently in effect will continue for the next plan year
commencing on 01/01/2004. In determining the rates for the plan year ahead, we have evaluated
your plan experience, taking into account the credibility of the experience and the demographics
of your group. Our objective in the renewal process is to identify rates which will maintain the
overall financial stability of your benefit program.
The rates currently in effect for your contract with MetLife are as follows:
CurrenVRenewal Rate(s)
Basic Life Actives
$33
/$ 1000
Basic Life -Retiree 45-49
$.48
/$ 1000
Basic Life -Retiree 50-54
$.79
/$ 1000
Basic Life -Retiree 55-59
$1.29
/$ 1000
Basic Life -Retiree 60-64
$1.73
/$ 1000
Basic Life -Retiree 65-69
$2.68
/$1000
Basic Life -Retiree 70-74
$3.64
/$ 1000
Basic Life -Retiree 75-79
$5.83
/$ 1000
Basic Life -Retiree 80-84
$8.92
/$ 1000
AD&D
$0.04
/$ 1000
The rates shown above assume your existing plan design, contribution structure, and group
demographics remain the same.
Please do not hesitate to contact me at 305-695-0243 if I may answer any questions or assist in
any way.
Once again, thank you for the privilege you have extended to us. You are the reason we are in
business. We look forward to continuing our mutually beneficial relationship in the months and
years ahead.
Sincer
Ste#e Kovas
Oct 13 03 04: 08p Steve Kovash p, 3
Life - Dental - Disability - Long Term Care - P&C" - Voluntary Products - Pensions - Investments - 401(k)
Metropolitan Life Insurance Company
New York, New York 10010
L03036GG4(exp0304)MLIC-LD
Underwritten by MetLife® Auto and Home. MetUfe Auto and Home is a brand of Metropolitan Property and
Casualty Insurance Company and Affiliates, Warwick, RI. <in Texas, some policies are provided by
Metropolitan Lloyds Insurance Company of Texas, Irving, TX Auto policies are provided by either
Metropolitan Property and Casualty Insurance Company, Metropolitan General Insurance Company,
Metropolitan Casualty Insurance Company, Metropolitan Direct Property and Casualty Company, all of
Warwick, RI or GAINSCO County Mutual Insurance Company, Port Worth, TX, through an arrangement with
Metropolitan Property and Casualty Insurance Company. In some instances, special arrangements for
coverage have been made with other carriers.