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Item No. 8 I <br />Type of Business: CA <br />WK: Work Session; PH: Public Hearing; <br />CA: Consent Agenda; CB: Council Business City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Charles Hansen, Finance Director <br />Item Title/Subject: Resolution 6030 Authorizing Contracts for <br />Employee Disability Insurance <br />Meeting Date: June 9, 2003 <br /> <br />City employees have expressed an interest in having short-term and long-term <br />disability insurance made available to them through the City’s benefit program. <br />The League of Minnesota Cities sponsors plans providing this coverage. <br /> <br />Participation in the insurance is voluntary. Employees who chose to participate <br />would pay their own premiums. The only cost to the City would be the <br />administrative cost of deducting the premiums from employee paychecks and <br />forwarding it to the insurance companies. <br /> <br />United Wisconsin Group provides the short-term disability insurance. Fortis <br />Benefits Insurance Company provides the long-term disability insurance. Each <br />company would need to establish a contractual relationship with the City of Mounds <br />View. The attached resolution authorizes the Mayor to sign contracts with these <br />companies. <br /> <br /> <br />Respectfully Submitted, <br /> <br /> <br />____________________ <br />Charles Hansen