ADOPTED - SEPTEMBER 23, 2003

AGENDA ITEM NO. 25

Introduced by the County Services and Finance Committees of the:

INGHAM COUNTY BOARD OF COMMISSIONERS

RESOLUTION AUTHORIZING RENEWAL OF AGREEMENT FOR

EMPLOYEE DISABILITY INCOME BENEFIT PROGRAM

RESOLUTION #03-225

WHEREAS, Ingham County provides disability income insurance to employees; and

WHEREAS, the proposed rate of $.12 per $100 of covered payroll is at the far low end of previous market studies; and

WHEREAS, the proposed rate of $.12 per $100 of covered payroll is a decrease of $.03 cents per $100 of covered payroll or 20% lower than that which is currently being paid by the County.

THEREFORE BE IT RESOLVED, that the County enters into a renewal agreement with Canada Life for employee disability income coverage for a one-year period beginning on October 1, 2003 at a premium of $.12 per $100 of covered monthly payroll for both benefit levels which will result in an estimated annual premium of $33,688 for Ingham County employees, an actual dollar decrease from the previous period.

BE IT FURTHER RESOLVED, that this agreement may be continued provided that the fee schedule does not increase.

BE IT FURTHER RESOLVED, that the Ingham County Road Commission, at their expense, is included as a subgroup in the disability income policy with Canada Life.

BE IT FURTHER RESOLVED, that the Board Chairperson and County Clerk are authorized to sign appropriate documents after review by the County Attorney.

COUNTY SERVICES: Yeas: Celentino, Holman, De Leon, Schor, Nevin

Nays: None Absent: Severino Approved 9/16/03

FINANCE: Yeas: Grebner, Swope, Hertel, Thomas, Minter

Nays: None Absent: Dedden Approved 9/17/03