Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Employee Benefits topic
No spam. Unsubscribe anytime.
Board authorizes up to $5,000 for group benefits cost assessment
Summary
The board approved spending up to $5,000 to obtain a cost estimate from an office of group benefits to evaluate whether district employees and retirees could transfer to that insurance umbrella.
The Fair School Board authorized district staff to spend up to $5,000 to request a cost assessment from an office of group benefits to evaluate potential insurance savings for current employees and retirees.
District staff said they do not yet know the cost or savings and requested a fee to allow the group benefits office to assess coverage options and potential premium impacts. Board members supported the analytical step; the motion to authorize up to $5,000 for the assessment was seconded and approved by voice vote.
Next steps: finance staff will submit the fee to the group benefits office, receive a cost estimate, and report findings back to the board for any future direction.
