Title
RESOLUTION NO. 19R-08-158: A RESOLUTION APPROVING THE RENEWAL OF THE CONTRACT WITH AMERIFLEX TO PROVIDE ADMINISTRATION OF THE CITY OF LAUDERHILL'S MEDICAL FLEXIBLE SPENDING ACCOUNT AND DEPENDENT CARE SPENDING ACCOUNT UNDER THE SECTION 125 FLEXIBLE BENEFIT PROGRAM FOR ALL CITY EMPLOYEES AT "NO CHARGE' FOR A ONE YEAR TERM BEGINNING OCTOBER 1, 2019 AND ENDING SEPTEMBER 30, 2020; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY CITY MANAGER, CHARLES FARANDA).
Body
A RESOLUTION APPROVING THE RENEWAL OF THE CONTRACT WITH AMERIFLEX TO PROVIDE ADMINISTRATION OF THE CITY OF LAUDERHILL'S MEDICAL FLEXIBLE SPENDING ACCOUNT AND DEPENDENT CARE SPENDING ACCOUNT UNDER THE SECTION 125 FLEXIBLE BENEFIT PROGRAM FOR ALL CITY EMPLOYEES AT "NO CHARGE' FOR A ONE YEAR TERM BEGINNING OCTOBER 1, 2019 AND ENDING SEPTEMBER 30, 2020; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY CITY MANAGER, CHARLES FARANDA)
Request Action:
Request approval of the contract renewal with Ameriflex to administer the City's Medical Flexible Spending Account and Dependent Care Spending Account. The agreement is for the contract year October 1, 2019 through September 30, 2020.
Need:
To provide medical flexible spending and dependent care accounts to eligible employees.
Summary Explanation/ Background:
Ameriflex will provide plan administration of the City's Medical Flexible Spending Account and Dependent Care Spending Account under the Section 125 Flexible Benefit Plan for all eligible city employees at no charge to the City.
Attachments:
Ameriflex Recommendation Letter
Cost Summary/ Fiscal Impact:
No cost to the City.
Estimated Time for Presentation:
Less than 5 minutes.
Master Plan:
Goal 1: Clean, Green Sustainable Environment
[ ] Increase mass transit ridership [ ] Reduce City energy consumption
[ ] Reduce water consumption
Goal 2: Safe and Secure City of Lauderhill
[ ] Crime in lower 50% in Broward [ ] Residents feel safe in neighborhood
[ ] Reduce emergency fatalities
Goal 3: Open Spa...
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