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HomeMy WebLinkAboutCOD-012-11~~~~ REPORT CORPORATE SERVICES DEPARTMENT Meeting: GENERAL PURPOSE AND ADMINISTRATION COMMITTEE Date: APRIL 18, 2011 Resolution#: G'PA-3a~-JJ By-law#: N/A Report: COD-012-11 File#: Subject• BENEFIT PROGRAM COMPARISON RECOMMENDATIONS: It is respectfully recommended that the General Purpose and Administration Committee recommend to Council the following: 1. THAT Report COD-012-11 be received for information. Submitted by: IOfal=ie Marano, H.B.Sc., AMCT, Director of Corporate Services/Human Resources MM/gj ~_ ,:., Reviewed by: ~- Franklin Wu, Chief Administrative Officer CORPORATION OF THE MUNICIPALITY OF CLARINGTON 40 TEMPERANCE STREET, BOWMANVILLE, ONTARIO L1C 3A6 T 905-623-3379 REPORT NO.: COD-012-11 PAGE 2 BACKGROUND AND COMMENT 1. Resolution Requesting Report: At the meeting of March 28, 2011 Council approved the following Resolution #GPA-268-11: "THAT the benefit consulting firm who recently undertook the comprehensive market review and analysis of the Municipality of Clarington's benefit program, be requested to provide a report to advise if the benefits provided by the Municipality of Clarington's benefit program are reflective of standard and comparable benefits in the municipal sector and, if it is possible, this statement also include some comparable private companies." The firm of Buffett Taylor was engaged to conduct the above review as they undertook the market survey, analysis and recommendation on the change in benefit carriers in October 2008.They are a professional firm, well recognized in the field, with a sign cant municipal sector client base. 2. The Buffett Taylor Report The review included an extensive analysis of the client database using a cross section of plans in the municipal sector with similar divisional structures to Clarington. They also included groups in other sectors including healthcare and not-for-profit for comparison in the benefits industry. Twelve employers were included in the detail comparison, including Clarington. The clients used in the comparison ranged in size from 125 to 1,700 members and one larger client at 5,000. The details of the review are included in the attached report (Confidential Attachment #1). Buffett Taylor classified the report as confidential. The information contained therein could also pose a risk in compromising negotiations with Clarington affiliated groups, and is therefore confidential from a Corporate perspective. Buffett Taylor's review concluded that Clarington's benefit plans are comparable to the public sector plans included in the survey. 3. Great West Life Renewal 2011 - 2012: Zero Percent For Council information in relation to benefits, there have been a riumber of meetings and communication held by both staff and Buffett Taylor regarding the 2011 - 2012 benefit renewal with Great West Life. The renewal for the June 1 2011 to 2012 period has now been confirmed at zero percent increase. In addition, in response to recommendations made by Council, the renewal term has been extended to November 1gt 2012 at zero percent, in order to permit budget input with known impacts for the 2013 and future years. Attachment #1 -Buffett Taylor Report (Confidential) CONFIDENTIAL REPORTS ~/ caPA o COUNCIL REPORT NO. CDC-b~~-~1 DATE OF REPORT ~,~~,~1 /8', ~or~