AGENDA CAPTION:
Title
Consider approval of Resolution 2020-146R, approving an agreement with Davis Vision for the provision of voluntary vision insurance for City employees in an estimated annual amount of $80,000.00 to be paid by participating employees for an initial four-year term with an option to extend up to three additional two-year terms for a total possible term of ten years; authorizing the City Manager or his designee to execute the agreement on behalf of the City; and declaring an effective date.
Body
Meeting date: August 4, 2020
Department: Human Resources Department - Linda Spacek, Director (By Lynda Williams, Purchasing Manager)
Amount & Source of Funding
Funds Required: Paid by employee contributions
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Fiscal Note:
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Background Information:
The City currently offers employees and their families access to an employee paid group vision benefit plan as part of our total compensation program. This vision insurance is referred to as "voluntary coverage" because employees may voluntarily choose to enroll in the coverage and the cost of coverage is paid by enrolled employees through payroll deduction.
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