City of San Antonio - File #: 15-5978

• File #: 15-5978
• Type: Misc - Professional Services Agreements
• In control: City Council A Session
• On agenda: 12/10/2015
• Posting Language: An Ordinance authorizing an amendment to the existing contract for employee benefit consulting services with Buck Consultants, LLC, to extend the term of the contract on a month-to-month basis beginning January 1, 2016 with no additional funding. [Ben Gorzell, Jr., Chief Financial Officer; Lori Steward, Director, Human Resources]
• Indexes: Employee Benefits
• Related files: 14-1425, 14-681

Date	Ver.	Action By	Action	Result
12/10/2015	1	City Council A Session	adopted	Pass

DEPARTMENT: Human Resources


DEPARTMENT HEAD: Lori Steward, Human Resources Director


COUNCIL DISTRICTS IMPACTED: City-wide


SUBJECT:

Employee Benefits Consulting Contract


SUMMARY:

This ordinance authorizes the City Manager or her designee to execute an amendment extending the term of the contract with Buck Consultants, LLC, for Employee Benefit Consulting Services on a month to month basis beginning January 1, 2016. The Benefits consultant services for active and retired employees and their dependents will include actuarial valuation analysis and accompanying reports, recommendations for meeting the IRS filing and distribution requirements, and recommendations for adherence to legislative updates impacting self-insured entities. Funding for this ordinance was authorized in Ordinance 2015-03-12-0200.


BACKGROUND INFORMATION:

Buck Consultants, LLC was contracted to provide benefits consulting services for active and retired civilian employees for the period from June 19, 2015 to December 31, 2015. This amendment will extend the terms of the contract on a month-to-month basis beginning January 1, 2016.

Benefit consulting services will include actuarial valuation analysis for compliance with GASB 45 regulations, considerations for modifications to existing Pre-65 retiree medical benefits, and recommendations for adherence to Federal and State regulations impacting the delivery of employee benefits plans.

Human Resources and the Purchasing division of the Finance Department jointly developed and issued a Request for Proposals (RFP) for a Benefits Consultant that is anticipated to be brought for Council action in February 2016. In order to bridge the gap between the end of the current Benefits Consultant contract and the effective date of a new contract, the Human Resources Department seeks to extend the Benefits Consulting contract with Buck Consultants, LLC, on a month to month basis beginning January 1, 2016 to the effective d...