Discuss, consider and take appropriate action on awarding RFP #4333 Life AD&D STD LTD Voluntary Benefits to the overall highest scoring respondent Symetra Life Insurance Company.

Purchasing solicited sealed proposals for Life, Disability and Voluntary Benefits. Eleven (11) suppliers participated in the RFP, of which three (3) suppliers submitted a response. The responses were evaluated by a Selection Committee appointed by the Benefits Committee. After the initial evaluation, a best and final offer was sought of each respondent. The proposals were summarized and evaluated again with the best and final offers received. The Benefits Committee was presented with the findings of the Selection Committee and determined that Symetra was the highest scoring and best value response. Symetra submitted a proposal with no increase to the current rates. Department point of contact Shelley Loughrey. Funding source: $18,500 is budgeted in 01.0885.0885.004058 (Group Life Premiums). Voluntary coverage elections are funded by Employee Voluntary Contributions.