Item 68
approved leaseAug 24, 2016
Description
Authorize the release of Active Health Benefit Reserve Funds in the amount of $379,000, to support Active Dental ($341,000) and Active Trooper ($38,000) plan expenditures. Effective retroactive to April 1, 2016. (2)Further authorize to reduce the Active Trooper Health Benefit reserve from 100% of estimated annual claims and administrative expense to 90% thereby releasing $384,400 (including the $38,000 noted above) to be made available for fluctuations in plan costs that occur on a monthly basis. Fiscal Committee approved.
Amount
$384,400
$379,000,, $341,000, $38,000, $384,400, $38,000
Department
DEPARTMENT OF ADMINISTRATIVE SERVICES
Funding Source
100% of estimated annual claims and administrative expense to; 90% thereby releasing
Vote Record
approved
Motion by Sununu, seconded by Wheeler
Joseph Kenney
(R)
yes
Colin Van Ostern
(D)
yes
Christopher Sununu
(R)
yes
Christopher Pappas
(D)
yes
Dave Wheeler
(R)
yes
Documents (1)
Item_68.pdf
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