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Agenda - 10-20-2009 - 4a
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Agenda - 10-20-2009 - 4a
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Last modified
3/8/2011 10:37:34 AM
Creation date
10/20/2009 8:31:52 AM
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BOCC
Date
10/20/2009
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
4a
Document Relationships
Minutes - 20091020
(Linked From)
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\Board of County Commissioners\Minutes - Approved\2000's\2009
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21 <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />40 <br />41 <br />42 <br />43 <br />44 <br />45 <br />46 <br />47 <br />.2009 Enhancements: <br />^lncreased limit to $3,000/yr for MSA <br />^Implemented a Debit Card <br />.More employees are utilizing this benefit compared to previous years <br />No Change to current benefits <br />Employee Assistance Program <br />Vendor: Magellan Behavioral Health <br />Type of Plan: Fully Insured EAP <br />.Cost: $1.61 per employee per month ($15,500 per year) <br />.2009 Enhancements: <br />^5 counseling sessions per incident/situation <br />^Financial and Legal Consultation services <br />.More employees are utilizing this benefit compared to previous years <br />No Change to current benefits <br />Supplemental Retirement Plans <br />401(k) and 457 <br />Vendors: Prudential and Nationwide <br />Type of Plans: Supplemental Retirement <br /> <br />.The Board approved suspending the County contribution to 401 (k) plans for non-law <br />enforcement employees in FY 2009-10 <br />.Law enforcement employees continue to receive a County contribution of 5% of annual salary <br />to 401 (k) plan <br />.All employees may make voluntary contributions to their 401(k) plan or 457 plan <br />2010 Benefit Recommendation Goals <br />.Maintain Plan Designs <br />.Minimize Rate Increases <br />.Make Needed Enhancements <br />.Implement Elements to Improve Future Benefit Plan Design and Costs <br />.Maintain No Cost for Individual Only Coverage <br />2010 Benefit Recommendation Challenges <br />.Escalating Cost of Employee/Retiree Health Care <br />.Maintaining Strong Employee Benefits <br />.Balancing Employee/Retiree needs with County Financial Crisis <br />2010 Health Care Options <br />Health Care Option 1 <br />^No Reductions in Plan Design <br />^Rate Increase Below Budget (2.7% Increase) <br />^2 Major Enhancements <br />48 Health Care Option 2 <br />49 ^No Reductions in Plan Design <br />50 ^Rate Increase Below Budget (2.7% Increase) <br />
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