City of Milwaukee - File #: 201686

• File #: 201686
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 4/13/2021
• In control: COMMON COUNCIL
• Final action: 5/4/2021
• Title: Substitute resolution authorizing the transfer of up to $7,000,000 from various Employee Health Care Benefits Special Purpose Accounts to the Employee Health Care Benefit and Workers' Compensation Liability Reserve Fund.
• Sponsors: THE CHAIR
• Indexes: EMPLOYEE BENEFITS, HEALTH CARE, HEALTH INSURANCE, INSURANCE BENEFITS, WORKER'S COMPENSATION

Date	Ver.	Action By	Action	Result	Tally
5/12/2021	1	MAYOR	SIGNED
5/4/2021	1	COMMON COUNCIL	ADOPTED	Pass	15:0
4/28/2021	1	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
4/22/2021	1	CITY CLERK	DRAFT SUBMITTED
4/13/2021	0	COMMON COUNCIL	ASSIGNED TO

Number
201686
Version
SUBSTITUTE 1
Reference

Sponsor
THE CHAIR

Title
Substitute resolution authorizing the transfer of up to $7,000,000 from various Employee Health Care Benefits Special Purpose Accounts to the Employee Health Care Benefit and Workers' Compensation Liability Reserve Fund.

Analysis
This resolution authorizes the transfer of up to $7,000,000 from various Employee Health Care Benefits Special Purpose Accounts to the Employee Health Care Benefit and Workers' Compensation Liability Reserve Fund to provide funding for the payment of unanticipated premiums or claims for workers' compensation and health care benefits.

Body
Whereas, The City of Milwaukee's employee health and workers' compensation benefits are self-funded, with the City assuming the risk of all unanticipated costs; and

Whereas, an Employee Health Care Benefit Liability and Workers' Compensation Reserve Fund was established to provide funding for the payment of unanticipated premiums or claims for workers' compensation and health care benefits; and

Whereas, the various Employee Health Care Benefits Special Purpose Accounts have up to $7,000,000 available for transfer to the Employee Health Care Benefit Liability and Workers' Compensation Reserve Fund; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that up to $3,044,535 shall be transferred from the 2020 UHC Choice Plus PPO Special Purpose Account (#0001-1650-S114-006100) to the Employee Health Care Benefit Liability and Workers' Compensation Reserve Fund; and, be it

Resolved, By the Common Council of the City of Milwaukee, that up to $3,017,986 shall be transferred from the 2020 UHC Choice EPO Special Purpose Account (#0001-1650-S140-006100) to the Employee Health Care Benefit Liability and Workers' Compensation Reserve Fund; and, be it

Resolved, By the Common Council of the City of Milwaukee, that up to $655,685 shall be transferred from the 2020 Wellness Program Special Purpose Acc...