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HomeMy WebLinkAbout1975-09-02; City Council; 3463; Employee Dependent Insurance Refund City RefundCITY OF CARLSBAD AGENDA BILL NO. Initial: Dept.Hd. DATE:_ September 2, 1975 C. Atty.V DEPARTMENT: City Manager C. Mgr. J Subject: EMPLOYEE DEPENDENT INSURANCE REFUND/CITY REFUND Statement of the Matter Iri Fiscal Year 1973-74 ninety-two City employees were carrying dependent insurance under the Metropolitan Insurance Plan. Recently the City was refunded $13,759.00 based on premiums paid vs. claims. As the premium was paid partly by the employees and partly by the City, a division of costs has been made. This would indicate that currently employed personnel who paid a portion of the premiums in Fiscal Year 1973-74 would be entitled to a refund. Based on the number of months these employees were` covered under the plan, the monetary division would-be $9,065.00 to the employeed and $4,694.00 to the City. Exhibit Recommendation If Council concurs, instruct staff to reimburse employees covered under the Metropolitan Insurance Plan, pro rated on the number of months they were covered. Council Action 9-2-75 A motion was made that the staff be instructed to reimburse employees.cpvered under the Metropolitan Insurance Plan, prorated on the number of months they were covered, as recommended by the staff.