Vote — approved

Steve Gallardo	abstain
Bill Gates	abstain
Clint Hickman	abstain
Gallardo School Superintendent	yes
and Clint Hickman	yes
Denny Barney	abstain
Steve Chucri	yes

45.EMPLOYEE LIFE INSURANCE, (180138-S)Approve the contract for award at an estimate of $15,300,000 ($2,000,000 employer paid & $13,300,000 employee paid) over three (3) years until June 30, 2021 with three (3) one-year renewal options. Planning activities for the implementation of services will begin upon award of the contract, however, the effective start date for coverage services under the contract will be July 1, 2018. The present provider’s contract expires on June 30, 2018. The purpose of 

Item Text

45. EMPLOYEE LIFE INSURANCE, (180138-S) Approve the contract for award at an estimate of $15,300,000 ($2,000,000 employer paid & $13,300,000 employee paid) over three (3) years until June 30, 2021 with three (3) one-year renewal options. Planning activities for the implementation of services will begin upon award of the contract, however, the effective start date for coverage services under the contract will be July 1, 2018. The present provider’s contract expires on June 30, 2018. The purpose of the contract is to provide to employer provided and employee funded life insurance as part of the County’s benefit program. Minnesota Life DBA Securian Financial Group (C-73-18-027-3-00)

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