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HomeMy WebLinkAboutCity of Tamarac Resolution R-2000-2891 Temp. Reso. #9178 - October 17, 2000 Revision #1- October 31, 2000 Page 1 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-2000- 02k? 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 AT THE PRESENT RATE THE CITY PAYS FOR INSURANCE COVERAGE FOR EMPLOYEES IN THE APPOINTED, EXECUTIVE, MANAGERIAL/PROFESSIONAL AND ADMINISTRATIVE CATEGORIES WHO PARTICIPATE IN THE CITY'S 401(a) RETIREMENT PLAN EFFECTIVE JANUARY 1, 2001; PROVIDING FOR THE CONTINUATION OF THE EXISTING COST ALLOCATION OF THE LONG-TERM DISABILITY INSURANCE PREMIUM BETWEEN THE CITY AND EMPLOYEES; APPROVING THE APPROPRIATE BUDGETARY TRANSFERS OF FUNDS; 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 with a three year rate guarantee, renewing on January 1, 2001; and WHEREAS, the rates for long-term disability coverage will remain the same, at $.45 per $100 of covered payroll this renewal period, January 1, 2001 through December 31, 2001 as indicated in the letter from UNUM dated October 20, 2000, attached hereto as Exhibit #1; and 1 Temp. Reso. #9178 - October 17, 2000 Revision #1- October 31, 2000 Page 2 WHEREAS, the Personnel Director recommends the renewal of the long- term disability insurance coverage with no increase in premium rates effective January 1, 2001 for employees in the Appointed, Executive, Managerial/Professional and Administrative categories who participate in the City's 401(a) retirement plan; and WHEREAS, available funds exist in the appropriate funds which are in the approved FY2001 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 Appointed, Executive, Managerial/Professional and Administrative categories who Temp. Reso. #9178 - October 17, 2000 Revision #1- October 31, 2000 Page 3 C participate in the City's 401(a) retirement plan with no increase in premium rates effective January 1, 2001. 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 Appointed, Executive, Managerial/Professional and Administrative categories who participate in the City's 401(a) retirement plan. SECTION 4: That the appropriate City officials are authorized to enact any appropriate budget transfers as needed for this purpose. SECTION 5: That all resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. SECTION 6: 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. 1 1 1 1 Temp. Reso. #9178 - October 17, 2000 Revision #1- October 31, 2000 Page 4 This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this a f day of , 2000. ATTEST: MARIGNV" SWENSON, CMC 0ITY Q4--ERK t. HEM k�Y CERTIFY that Have tpproved this /—Af-SRgTIO"s to form. v- b M CHELL S. Rj CITY ATTORNEY JOE SCHREIBER MAYOR RECORD OF COMMISSION MAYOR SCHREIBER .._....�. DIST t. COMM. PORTNER. DIST 2: COMM. MISHKIN J DIST 9: COMM. SULTANOF DIST 4: V!M ROBERTS -,- TE Temp. Reso. #9178 i� 1, .f•��; � �lr Protecting everything you work far October 20, 2000 Kim Frisbie City of Tamarac 7525 NW 88 h Ave Tamarac, FL 33321-2409 Re: Group Long Term Disability Policy Number: 522899 Dear Ms. Frisbie: We would like to take this opportunity to thank you for your business with UNUMPROVIDENT. We appreciate the trust you have placed in us to handle the Long Term Disability insurance coverage for you and your employees. In the last decade, disability risks have become increasingly more frequent and complex, creating the need for ever stronger claims management. In this changing disability environment, advances in medical technology and emerging disabilities are changing the face of risk management for everyone. UNUMPROVIDENT'S risk and claims management is widely recognized as the best in the industry. We have completed this review of your policy and determined that the risk and price is appropriately balanced. Asa result of this review, your current rate of .45/$1.00 will remain unchanged and is guaranteed until 1 /01 /02 We would like to thank you again for allowing UNUMPROVIDENT to serve your disability needs. Please feel free to call your insurance broker, or call us at 1-800-531-0816 if you have any questions on this or any other part of your UNUMPROVIDENT coverage. Sincerely, �\ V� Scott Trafton Senior Group Sales Consultant cc: McKinley Financial Service UNUMPROVIDP.NT CORPORATION 1571 Sawgrass Corporate Parkway, Suite 100, Sunrise, Florida 33323 954-835.6000 Fax 954.835.6060 Fax 954.835.6070 Toll free 800.531.0816 Unum is chc marketing brand of UnumProvidcnt Corporation