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HomeMy WebLinkAbout06. Authorize extension of contract with Alliant Employee Benefits through 01-15-21 Page 1 of 2 Item 6. CENTRAL SAN CENTRAL SAN BOARD OF DIRECTORS POSITION PAPER MEETING DATE: DECEMBER 20, 2018 SUBJECT: AUTHORIZE THE GENERAL MANAGER TO EXECUTE A TWO-YEAR EXTENSION, IN THE AMOUNT OF $115,000 PER YEAR, TO THE EXISTING AGREEMENT WITH ALLIANT EMPLOYEE BENEFITS FOR EMPLOYEE BENEFITS BROKER SERVICES EFFECTIVE JANUARY 15, 2019 THROUGH JANUARY 15, 2021 SUBMITTED BY: INITIATING DEPARTMENT: TEJI O'MALLEY, HUMAN RESOURCES SECRETARYOF THE DISTRICT MANAGER REVIEWED BY: ANN SASAKI, DEPUTY GENERAL MANAGER Roger S. Bailey General Manager ISSUE Board authorization is requested for the General Manager to execute an extension to the contract with Alliant Employee Benefits (Alliant)to provide employee benefits broker services effective January 15, 2019 through January 15, 2021. BACKGROUND I n 2015, the Board authorized the General Manager to execute an agreement with Alliant to provide employee benefits broker services, to be initiated for a two-year duration at a cost not to exceed $115,000 per year, with an option to extend an additional three years on a year-to-year basis. Alliant was established in 1925, and currently provides employee benefit related services to 26,000 clients nationwide. Their core competencies include, but are not limited to, benefit administration; legal December 20, 2018 Regular Board Meeting Agenda Packet- Page 43 of 168 Page 2 of 2 compliance; analytics (benchmarking, cost control, etc.); and joint labor management support and education. Alliant possesses extensive knowledge of the local health insurance market, as they have many local public agencies, including counties, cities, and special districts as clients. Alliant has been instrumental in providing the District with proactive compliance and benefits related advice and counsel. They have done this while exhibiting a high level of responsiveness and excellent customer service. Additionally, Alliant has and will provide valuable resources throughout the transition of District employees and retirees from our current health insurance plans to the CaIPERS medical plans. For above mentioned reasons, staff is now requesting that the agreement with Alliant be extended for an additional two years, through January 15, 2021. ALTERNATIVES/CONSIDERATIONS The Board can elect not to authorize the General Manager to execute the extension of the agreement. This is not recommended at this time, as Central San has the upcoming CaIPERS Healthcare transition that will require timely benefit advice, and Central San has already begun working with staff from Alliant. FINANCIAL IMPACTS The current rate for employee benefits broker services is $115,000 per year. If the Board were to authorize the General Manager to execute the extension of the agreement with Alliant, Alliant would not increase their annual cost, which would remain at$115,000. COMMITTEE RECOMMENDATION The Administration Committee reviewed this matter on December 11, 2018 and recommended Board approval. RECOMMENDED BOARD ACTION Authorize the General Manager to execute a two-year extension, in the amount of$115,000 per year, to the existing agreement with Alliant Employee Benefits for employee benefits broker services effective January 15, 2019 through January 15, 2021. Strategic Plan Tie-In GOAL THREE: Be a Fiscally Sound and Effective Water Sector Utility Strategy 2- Manage costs GOAL FOUR: Develop and retain a highly trained and innovative workforce Strategy 2- Enhance relationships with employees and bargaining units December 20, 2018 Regular Board Meeting Agenda Packet- Page 44 of 168