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EGty1� ,.,�� Request for Action <br /> River <br /> To Item Number <br /> Mayor and City Council 4.3 <br /> Agenda Section Meeting Date Prepared by <br /> Consent Aril 2, 2018 Lauren Wipper, Human Resource Representative <br /> Item Description Reviewed by <br /> Amend Resolution 17-81, 2018 Compensation Plan Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Approve,by motion, an amendment to Resolution 17-81, 2018 Compensation Plan. <br /> Background/Discussion <br /> The 2018 Flexible Benefits Plan was approved by the City Council on November 6, 2017. Resolution <br /> number 17-81, 2018 Compensation Plan,was approved by the City Council on December 18, 2017. <br /> When the city contribution numbers were transferred from the 2018 Flexible Benefits Plan into the 2018 <br /> Compensation Plan for Non-Organized Employees, the contribution amounts for employee + spouse <br /> and employee + child(ren) were transposed. This amendment request is to correct those amounts with <br /> the amounts from the approved 2018 Flexible Benefits Plan. <br /> The correction for item 16 under Insurance Benefits should read: <br /> Employees eligible for insurance benefits are eligible for participation in the city's Flexible Benefits <br /> Plan. The contribution levels shall be as follows: <br /> Health Insurance Election Monthl�ty Contribution <br /> Single $590.00 <br /> Employee & Child(ren) $1,080.00 <br /> Employee & Spouse $1,128.00 <br /> Family $1,545.00 <br /> Opt-out $300.00 <br /> Financial Impact <br /> The city contribution amount design is based upon the annual total budgeted amount for the Flexible <br /> Benefits Plan. As such, this correction should have no impact on the budget. <br /> Attachments <br /> ■ None <br /> The Elk River Vision <br /> A PehoMing community 2a itb revolutionary and spirited resourcefulness, exceptional POWERED By <br /> service, and community engagement that encourages and inspires prosperity INAMIRE1 <br />