City of Milwaukee - File #: 121597

• File #: 121597
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 2/27/2013
• In control: COMMON COUNCIL
• Final action: 5/21/2013
• Effective date: 6/11/2013
• Title: A substitute ordinance establishing a health care benefit and workers’ compensation liability reserve fund.
• Sponsors: ALD. MURPHY
• Indexes: BUDGET, HEALTH INSURANCE, INSURANCE BENEFITS, WORKER'S COMPENSATION

Date	Ver.	Action By	Action	Result	Tally
6/10/2013	1	CITY CLERK	PUBLISHED
5/30/2013	1	MAYOR	SIGNED
5/21/2013	1	COMMON COUNCIL	PASSED	Pass	12:0
5/15/2013	1	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR PASSAGE; Minutes note: Individual appearing: Mike Brady, Department of Employee Relations Doug Ley, Willis	Pass	5:0
5/10/2013	1	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
5/10/2013	1	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
2/27/2013	0	COMMON COUNCIL	ASSIGNED TO

Number
121597
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. MURPHY
Title
A substitute ordinance establishing a health care benefit and workers’ compensation liability reserve fund.
Sections
304-29.5 cr
Analysis
This ordinance establishes a health care benefit liability and workers’ compensation reserve fund to provide funding for the payment of unanticipated premiums or liability claims for workers’ compensation and health care benefits. The health care benefit liability reserve fund may be funded by:

1. The difference between the total annual adjusted budgeted appropriations and total annual expenditures for health care or workers’ compensation benefits.

2. Funds appropriated by the common council.

Under this ordinance, all expenditures from the fund require the adoption of a resolution by a 3/4 vote of all common council members.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Section 304-29.5 of the code is created to read:

304-29.5. Employee Health Care Benefit and Workers’ Compensation Liability Reserve Fund. 1. PURPOSE. As authorized under s.65.07(1) (s), Wis. Stats., this section establishes a health care benefit and workers’ compensation liability reserve fund for paying unanticipated premiums or liability claims for workers’ compensation and health care benefits.

2. FUNDING SOURCES. a. The health care benefit and workers’ compensation liability reserve fund may be funded by the following:

a-1. The difference between the total annual adjusted budgeted appropriations and total annual expenditures for health care or worker’s compensation benefits.

a-2. Appropriations of the common council made from time to time.

b. All appropriations or transfers to the health care benefit and workers’ compensation liability reserve fund shall be approved by the common council.

3. FUNDING LEVEL. a. The amount in the health care benefit and workers’ compensation liability reserve fund shall be allowed to acc...