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HomeMy WebLinkAboutCity of Tamarac Resolution R-99-3041 Temp. Reso. #8800 October 25, 1999 Revision #1, November 3, 1999 Revision #2, November 4, 1999 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-99 - 30SL A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO EXECUTE AN AGREEMENT WITH TRANSAMERICA AS PROVIDER OF LONG-TERM CARE INSURANCE FOR FULL- TIME CITY EMPLOYEES; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Tamarac determined the need to offer Long-term Care insurance to full-time employees; and WHEREAS, the Benefits Coordinator informally solicited proposals from Long-term Care providers; and WHEREAS, four proposals were received and reviewed by the Risk Manager and Benefits Coordinator; and WHEREAS, after evaluation, it was determined that Transamerica provided the most comprehensive and responsive Long-term Care benefit package; and WHEREAS, it is the recommendation of the Risk Manager and Benefits Coordinator to enter into an agreement with Transamerica as provider of Long- term Care Insurance; and 1 2 Temp. Reso. #8800 October 25, 1999 Revision #1, November 3, 1999 Revision #2, November 4, 1999 WHEREAS, the City Commission of the City of Tamarac, Florida deems it to be in the best interest of the City of Tamarac to provide for the execution of an agreement between the City of Tamarac, Florida and Transamerica. 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 execute an agreement with Transamerica attached hereto is Exhibit A, as provider of Long-term Care Insurance for full-time employees effective January 1, 2000. Section 3: Funding for Long-term Care Insurance premiums will be paid for by employees, through benefit option dollars or by employees as an out-of- pocket expense. Section 4: That all resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 5: If any clause, sections, 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. 1 1 1 3 Temp. Reso. #8800 October 25, 1999 Revision #1, November 3, 1999 Revision #2, November 4, 1999 Section 6: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED THIS Day of 999. ATTEST: Id- L CAROL GOLU CMC/AAE CITY CLERK I HEREBY CERTIFY that I have approved this RESOLUTION AS MITCHELL S. KRAFT CITY ATTORNEY E SCHREIBER, MAYOR GIST 1:. j;oMM. PORTNfafl- DIST 2: VjM MISHKIN DIST3: �� COMM. SULTANOF DIST 4:._.. COMM. ROBERTS • ��-'sD � S'�•GG -- { k� rl7i- TRANSGENERA TIONs EMPLOYERCOMMITMENT • • insurance Group Name: CITY OF TAMARAC (as it will appear on all correspondence) 7525 NW 88th AVENUE (Street Address) TAMARAC FL 33321-2401 (City) (state) (Zip) Our Company agrees to allow representatives to present TransGenerations, a worksite Long -Term Care Insurance product, to our employees for the purpose of explanation and enrollment_ We will take all necessary steps to implement the program including, but not limited to: - Adopting the Worksite Implementation Schedule Holding enrollment meetings during business hours Process payroll deductions (if chosen) - Promote the program We also understand, if minimum participation requirements are not met, this agreement becomes null and void. Proposed Starting Date of Enrollment: January 1? 2000 _ Enrollment period wid extend through the last day of the follom ng month. Final Three benefits packages requested.i Package 1 Good Package 2 Better Packs e 3 Best Daily Benefit $ Daily Benefit $ Daily Benefit $ $50-$450* � $504450* $.t"450' Elim. Period Elim. Period Elim. Period 0-18-3ae0-90-100-9e0 days 0-15-30-80.90-100-180 days 0-15.3MO-90-1001r180 days Benefit Period Benefit Period Benefit Period 2, 3, 4, 5, 6,10, Lifetime 2, 3, 4, 5, 6,10, Lifetime 2, 3, 4, 5, 8,10,Lifetime Home Care % Home Care % Home Care % 0%. 50%, 100% of Da 0%, 50%, 100% of Da 0%, 50%, 1009E OfDa Increase Option Increase Option Increase Option 5% Compound, 5% Simple, CPI, None 5% Compound, 5% Simple, CP1, None 5% Compound, 5% Simple, CPI, None Other Options Other Options Other Options ' Per Day amount excee rig the daly average Pace for your tocadon requires prior approval. Note: any selections of coverage other than the threa speciflc packages require full underwriting LTC, 153-298 Signature 6,0AY6042�'Od Employer Representative, Print Name and Tide Date Signature of Producer Print Name Date SAGA Code