HomeMy WebLinkAboutResolution - 2014-R0310 - Purchase Workers Compensation Coverage - TPSWCJSIF - 09/11/2014RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF TI-11TTY OF LUBBOCK:
THAT the City Manager of the City of Lubbock and is hereby Milli lrized and
directed to purchase for and on behalf of the City of Lubbock, workers' compensation
coverage from the Texas Political Subdivisions Worker's Compensation Joint Self -
Insurance Fund, for a premium amount not to exceed $1,396,194, and
THAT the City Manager may execute any routine documents and forms
associated with said coverage.
Passed by the City Council this September 11, 2014
G C. R RTSON, MAYOR
ATTEST:
0 A�Ae�Z, —5x—
Rebe ca Garza, City Secretary
CONTENT:
Leisa Hutcheson, Director of Human Resources
and Risk Management
APPROVED AS TO FORM:
1eflaKsOl, Assistant City Attorney
RESIUsk Mgnt-Workers Compensation
Augusl 27, 2014
Texas Political Subdivisions
,Joint Self -Insurance Funds
To: Bob Bookhammer
Agency: Wells Fargo -Dallas
Reference: City of Lubbock
Coverage: Workers' Compensation Proposal
Period: 10101114 to 10/01115
Proposal is valid until. 12:01 A.M. on 1011/2014
Comments: Please review attached proposal and advise if you have any questions
or need additional information.
To bind coverage, we will require a completed New/Renewal Account
Information sheet, received prior to inception.
We appreciate the time you have invested in answering our questions
and providing information necessary for preparation of this proposal.
We look forward to working with you on this account.
Date: September 4, 2014
From: Rhonda Ruehle
Phone No: 972-361-6310
R D. Box 803356 - Dallas, Texas 75380-3356
TEXAS POLITICAL SUBDIVISIONS JOINT SELF-INSURANCE FUND
PROPOSAL
City of Lubbock
Rating Period
October 1, 2014 to October 1, 2015
Payment Options
TPS's Proposal offers a monthly pay plan as follows: Deposit $118,724
Each Installment $118,724
Number of Installments 11
TPS's Proposal offers a quarterly pay plan as follows: Deposit $356,172
Each Installment $356,172
Number of Installments 3
TPS's Annual Pay Plan : Single Payment $1,396,194
Payment is due within 30 days of effective date, or receipt of first bill (whichever is later)
otherwise discount is forfeited.
1<1u0E0CF. 611a1. .~ .-I,. P,quxlsummnry 9/ 11 322 PM
LIMIT of
TOTALANNUAL
COVERAGE for RATING PERIOD
LIABILITY
CONTRIBUTION
Workers' Compensation
$ 1,424,688
Injury or Illness - Each Employee
Statutory
Employers' Liability
Included
Bodily Injury by Accident - Each Accident
$1,000,000
Bodily Injury by Disease - Each Employee
$1,000,000
Bodily Injury by Disease - Interlocal Agreement
$1,000,000
Total Annual Contribution
$ 1,424,688
Third Year of a Three Year Contract
Payment Options
TPS's Proposal offers a monthly pay plan as follows: Deposit $118,724
Each Installment $118,724
Number of Installments 11
TPS's Proposal offers a quarterly pay plan as follows: Deposit $356,172
Each Installment $356,172
Number of Installments 3
TPS's Annual Pay Plan : Single Payment $1,396,194
Payment is due within 30 days of effective date, or receipt of first bill (whichever is later)
otherwise discount is forfeited.
1<1u0E0CF. 611a1. .~ .-I,. P,quxlsummnry 9/ 11 322 PM
PAYROLL WORKSHEET
Member:
City of Lubbock
Contract Number
Rates Eff.
1211/2011
Effective Date
1011/2014
Cade
Classification of Operations
Noof
Employees
payroll Estimate
Per $100 of
Payroll
Manual Contribution
Before Adjustment
3064
Sign Manufacturing
2
$
37.507
5.55
$2,082
4299
Copying & Duplicating Service & Drivers
2
$
54.913
2.46
$1,351
4511
Building Inspection
43
$
1,856.202
1.00
$18,562
4519
Edemlinator&Driven;
7
$
134.573
3.60
54.845
5190
Traffic Signal Control Installation & Drivers
36
$
1,117.675
4.52
$50.519
5506
Street or Read Construction or Repair - All Operations-
40
$
1.262.168
7.93
$100,092
5606
Contractor- Executive Supervisor or Consbuction Supei
1
$
63,090
1.14
$719
7380
Drivers, Chauffeurs and their Helpers Noe -commercial
2
$
19,869
5.58
$1,106
7423
Airport Operations
25
$
647,015
6.59
542,638
7520
Watenmrks Operation & Drivers
206
$
6,835,189
4.86
$332,190
7539
Electric Light or Pourer Cc Nos - All Employees -&Dnv
210
S
12.431,058
2.07
$257.323
7580
Sewage Disposal Plant Operation & Drivers
8
$
396,651
3.12
$12,376
7590
Garbage Wpdcs
8
$
351,381
5.10
$17,920
7704
Fire Fighters & Drivers
376
$
25.879,889
3.22
$833,332
7720
Police Offices; & Drivers
511
$
29.456,928
3.67
$1,081,069
8107
Heavy Equipment Maintenance
14
S
426.145
4.04
$17,216
8391
Automobile Machine Shop &Drivers
4
$
64,166
273
$1752
8601
JArchiftecr, or Engineer - Consulting
11
It
702,007
0.45
$3,159
8742
Elected Officials
7
$
33,897
0.37
$125
8810
Clerical Office Employees Nod
598
$
22,382,440
0.23
$51480
8831
Animal Shelter & Drivers
23
S
626,118
1.74
$10.894
8833
Hospital: Professional Employee
29
S
861,909
1.07
$9,222
8838
Library l Museum
66
$
1,445.603
0.73
$10.553
9015
Buildings Noc- Operation by Owner or lessee - &Drive
56
$
1,293,210
4.09
$52,892
9101
Public Library
5
$
51.830
4.54
$2,353
9102
Park NOC - All Emplyees & Onvers
176
$
2.500.553
5.51
$137.780
9220
Cemetery Operations & Drivers
7
$
206.098
7.36
$15.169
9402
Refuse Collection&Drivers
82
$
2,035.209
9.77
$198,840
9402
Street Cleaning
7
$
150,394
9.77
$14,693
8742
Inside Volunteers
35
$
22,204
0.42
$93
0011
Farms
1
$
56,414
5,60
$3,159
3724
Outside Volunteers
110
$
3,995
4.96
$198
.mvemw
2,712
IS
Twl PWA
113,406,320
M. lcw,wi-
$3,28$,70$
Member: City of Lubbock Effective, 10/112014
Expiration: 10/1/2015
Guaranteed Cost
(1)
Total Manual Contribution Before
Adjustment Column Total
3,285,705
(5) Line 3 X Factor on Line 4 =
Standard Contribution
2,614,107
2
Increased Employers Liability Factor
1.02
6 Fund Factor
0.545
(3)
Line 1 X Factor on Line 2 =
Adjusted Manual Contribution
3,351,419
4
Experience Modifier
0.78
Basic Contribution:1,424,688
Total Contribution: 1 $ 1,424,688
Field Service Fee:
Third Year of a Three Year Contract
Options:
ATPS Guaranteed Cost Quote offers a monthly pay plan as follows:
Initial installment of $118,724
with 11 monthly installments of $118,724
=TPS Guaranteed Cost Quote offers a quarterly pay plan as follows:
Initial installment of $356,172
with 3 quarterly installments of $356,172
=TPS Annual Pay Plan: $1,396,194