Broward County Commission Regular Meeting
Director's Name: George Tablack
Department: Finance and Administrative Services Division: Human Resources
Information
Requested Action
title
A. MOTION TO APPROVE proposed health insurance funding for calendar year (plan year) 2023 as reflected in Exhibit 1.
ACTION: (T-10:42 AM) Approved.
VOTE: 8-0.
B. MOTION TO AUTHORIZE County Administrator to execute a Third Amendment to the Agreement between Broward County and Standard Insurance Company for an increase in County-paid Employee Group Basic Term Life and Accidental Death and Dismemberment (AD&D) insurance from $25,000 to $50,000 for all benefit-eligible employees, subject to review of such amendment for legal sufficiency by the Office of County Attorney.
ACTION: (T-10:42 AM) Approved.
VOTE: 8-0.
C. MOTION TO APPROVE proposed County match under the 457 Deferred Compensation Plan with a $2,000 annual cap for all benefit-eligible employees.
ACTION: (T-10:42 AM) Approved.
VOTE: 8-0.
body
Why Action is Necessary
Motion A. Board approval is necessary to amend the County's insurance rates for calendar year (plan year) 2023.
Motion B. In accordance with Broward County Procurement Code, Section 21.4, Board approval is required to execute an amendment to a contract with a cumulative value that exceeds $500,000.
Motion C. Board approval is necessary to fund a deferred compensation match.
What Action Accomplishes
Motion A. Provides for continuation of health and pharmacy insurance for calendar year (plan year) 2023 and approves the items necessary to prepare informational material for open enrollment, which is scheduled to begin on October 31, 2022.
Motion B. Provides for an increase in County-paid Group Term Life and AD&D insurance for benefit-eligible employees.
Motion C. Provides a match to benefit-eligible employees contributing to one of the three Deferred Compensation Plans offered by the County.
Is this Action Goal Related
No
Previous Action Ta...
Click here for full text