Number
090509
Version
Original
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing the Department of Employee Relations to extend the current agreement with Standard Insurance for Long Term Disability Benefits for City employees.
Body
Whereas, The City of Milwaukee has had a contract with Standard Insurance to provide Long Term Disability Benefits since 1997; and
Whereas, Standard Insurance has agreed to provide these benefits to the City with no change in rates for 2010 and 2011; and
Whereas, About 3500 City employees are receiving Long Term Disability Benefits and 1200 of the same are paying for a buy down to provide a shorter buy down period for Long Term Disability benefits, and
Whereas, Currently 95 active or former City employees are receiving Long Term Disability benefits from Standard Insurance; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that with review of the City Attorney’s office, the Department of Employee Relations is authorized to extend the current Long Term Disability Agreement with Standard Insurance from January 1, 2010 through December 31, 2011.
Drafter
DER
MB
8/27/09