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RESOLUTION: 2002-20
SUBJECT: Approval of payment for employee benefit premiums and programs to various provider companies. Specifically, this resolution is requesting approval of payments totaling $8,525,000 in 2002 for these employee benefits.
ADDRESS: 480 South Allison Parkway, Lakewood, CO 80226
RECOMMENDATION: Adopt resolution.
FUNDING SOURCE: General Fund.
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The City of Lakewood has numerous employee benefit programs. The City's
benefit package is competitive with other employers and is designed to attract
and retain quality employees, to meet the needs of employees and their families
by enhancing employee security and to help maintain job satisfaction which
maximizes productivity. These programs are cost-effective and managed in a
prudent manner. The $8,525,000 represents approximately 20% of payroll which
is
consistent with other employers. This is a 13% increase over 2001 costs.
RESOLUTION ADOPTION DATE: April 8, 2002
ORIGINATED BY: Ken Milano, Director of Employee Relations
STAFF PERSON RESPONSIBLE: Ken Milano, Director of Employee Relations, 303-987-7701
DOCUMENTS ATTACHED: Resolution 2002-20
SUBMITTED BY:
Ken Milano, Director of Employee Relations
REVIEWED BY:
Joni Inman, Director Mayor and City Manager's Office
Michael J. Rock, City Manager
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