pages: CityCouncil/2008-11-06.pdf, 7
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CityCouncil | 2008-11-06 | 7 | Councilmember Gilmore inquired how much the Golden Handshake and medical insurance proposal would cost; further inquired whether the cost would come out of the Golf reserve fund. The Human Resources Director responded medical insurance would cost approximately $7,000 per year for single party coverage up to twelve months. Councilmember Gilmore inquired how much the Golden Handshake would cost. The Human Resources Director responded the full cost would be approximately $482,000 if everyone took advantage of the Golden Handshake; stated costs are amortized over twenty years and are rolled into the employer PERS contribution rate. Councilmember Matarrese inquired what would be the impact of extending the same opportunities to MCEA employees. The Human Resources Manager responded MCEA employees are included in the $482,000 cost; stated medical benefit costs would be approximately the same. Councilmember deHaan inquired whether Kemper Sports would handle payroll and Human Resource services, to which Mr. Luthman responded in the affirmative. Councilmember deHaan inquired whether other department layoffs have been calculated, to which the Interim Finance Director responded in the negative. Councilmember deHaan inquired what would happen after the interim period. The City Manager responded a long-term contract would be negotiated. Councilmember deHaan stated that he would like to see a cost allocation breakdown. The Interim Finance Director stated cost allocations can be provided. Councilmember Gilmore stated staff recommends contracting management and operations to Kemper Sports; there is an opportunity to provide Golden Handshakes for ACEA and MCEA employees; the only difference between the proposals is medical care costs for MCEA employees. Adjourned Regular Meeting Alameda City Council 7 November 6, 2008 | CityCouncil/2008-11-06.pdf |