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File #: 171823    Version:
Type: Resolution Status: Passed
File created: 3/27/2018 In control: COMMON COUNCIL
On agenda: Final action: 4/17/2018
Effective date:    
Title: Substitute resolution authorizing the Department of Employee Relations to issue a request for proposals for a Long Term Disability Insurance Benefits provider.
Sponsors: THE CHAIR
Indexes: EMPLOYEE BENEFITS
Attachments: 1. Cover Letter, 2. Hearing Notice List

Number

171823

Version

SUBSTITUTE 1

Reference

151562

 

Sponsor                     

THE CHAIR

 

Title

Substitute resolution authorizing the Department of Employee Relations to issue a request for proposals for a Long Term Disability Insurance Benefits provider.

 

Analysis

This resolution authorizes the Department of Employee Benefits to issue a request for proposals for a Long Term Disability (LTD) Insurance Benefits provider. Following the request-for-proposals process, the Department of Employee Relations shall provide the Finance and Personnel Committee with a recommendation on the best choice for a LTD provider.

 

Body

Whereas, The City of Milwaukee currently provides Long Term Disability Insurance to certain City employees with a city paid basic plan with an 180 day waiting period and options to shorten the waiting period to 60, 90 or 120 days; and

 

Whereas, The City of Milwaukee currently has over 3,400 employees covered under this benefit; and

 

Whereas, The City of Milwaukee contracts with Lincoln National Insurance Company for the LTD benefit and the original three year contract began January 1, 2014; and

 

Whereas, Common Council File Number 151562 approved a two year contract extension with Lincoln National Insurance Company that will expire December 31, 2018; and

 

Whereas, It is in the City’s best interest to conduct a request-for-proposals process to obtain the best services and rates for a new LTD benefits provider commencing January 1, 2019; and

 

Whereas, The Department of Employee Relations will retain the services of Willis Towers Watson, the City’s benefits consultant, to lead the request-for-proposals process; now, therefore, be it

 

Resolved, By the Common Council of the City of Milwaukee that the Department of Employee Relations is authorized to issue a request for proposals for a Long Term Disability Insurance Benefits provider; and, be it

 

Further Resolved, That following the request-for-proposals process, the Department of Employee Relations shall provide the Finance and Personnel Committee with a recommendation on the best choice for a benefits provider.

 

Requestor

Department of Employee Relations

Drafter

Renee Joos

4/5/2018