AI- 37517
Budget and Management 18.B.
CC REGULAR
- Meeting Date:
- 03/12/2013
- Submitted For:
- Employee Benefits
- Submitted By:
- Erika Zamora, COMM. PCT. #2
- Department:
- BUDGET & MANAGEMENT
Information
CAPTION
Discussion, consideration, and action to discontinue employee payroll deductions for all Voluntary Insurance products no longer offered by the county.
BACKGROUND
Currently the county processes payroll deductions for all voluntary insurance products that the county no longer offers. It is in the county’s financial interest to discontinue payroll deductions for these voluntary products not offered by the county due to administrative costs such as reconciliation, review, and payment issuances associated with managing these policies. Employees will have the option to keep the coverage for these voluntary products; however, will be responsible for paying their own premiums directly to the insurance provider.
Fiscal Impact
- FISCAL YEAR:
- ACCT. #:
- FUNDS AVAILABLE Y/N?:
- MATCHING FUNDS Y/N?:
BUDGETARY IMPACT:
No budgetary/fiscal impact.The county will no longer process payroll deductions for various voluntary insurance products that will no longer be made available through county.
Attachments
No file(s) attached.
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Budget and Management | Obdett Calzada | 03/08/2013 10:46 AM |
| Purchasing / Internal | Alejandro Garcia | 03/08/2013 05:25 PM |
- Form Started By:
- Erika Zamora
- Started On:
- 03/07/2013 10:18 AM
- Final Approval Date:
- 03/08/2013