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Subject: Communication from the Deputy City Attorney and Human Resources Manager requesting to present information in response to the request of the Aldermen of the 9th and 11th Districts that staff develop a cafeteria benefits plan including vacation and sick time, providing flexibility to employees and cost certainty to the City. (Res. No. 14-0308)
Recommendation of the Finance & Personnel Committee on 5-12-14: Defer the item until the July 21, 2014 Finance & Personnel meeting.
Recommendation of the Finance & Personnel Committee on 7-21-14: To authorize the Human Resources Department, effective January 1, 2015, to offer a choice of health insurance programs, including the base plan and buy-down plan as presented, to provide basic dental coverage to eligible City employees at City cost with the option for employees to purchase additional coverage at employee cost, and to offer vision insurance at employee cost.
Fiscal Note: Savings associated with health care plan is dependent upon how many employees retain the base plan and how many choose the buy-down plan.