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HomeMy WebLinkAbout4/18/2023 Item 6b, Domini and Auslen - Staff Agenda CorrespondenceCity of San Luis Obispo, Council Memorandum City of San Luis Obispo Council Agenda Correspondence DATE: April 17, 2023 TO: Mayor and Council FROM: Nickole Domini, Human Resources Director Prepared By: Kate Auslen, Risk Manager VIA: Derek Johnson, City Manager SUBJECT: ITEM 6B. 2023-25 FINANCIAL PLAN – STRATEGIC BUDGET DIRECTION AND MAJOR CITY GOAL WORK PROGRAM REVIEW After the release of the Council Agenda Report, it was noticed that Recommendation #3 and the “CJPIA Excess Protection Program for Workers’ Compensation Coverage” section in the staff report were incorrect. Please see the corrected recommendation and CJPIA sections in highlight and strikethrough below. Recommendation: 1. Review the strategic budget direction report (Attachment A); and 2. Provide feedback and guidance to the City Manager regarding the recommended strategic budget direction and proposed budget allocations to commence budget adoption on June 6, 2023; and 3. Authorize participation in the Excess Protection Program (EPP) for wo rkers’ compensation coverage. a. Authorize the City Manager to accept a Memorandum of Coverage (MOC), when finalized, from California Joint Powers Insurance Authority (CJPIA) for the Excess Protection Program for workers’ compensation coverage and execute any necessary documentation to enroll in that program. As an example, an existing MOC with CJPIA is attached as Attachment B. b. Adopt a resolution entitled, “A Resolution of the City Council of the City of San Luis Obispo, California, to Authorize and Approve pooling of Self - Insurance through the Excess Workers’ Compensation Protection Program of the California Joint Powers Insurance Authority” (Attachment C Attachment B). This includes contemporaneous execution by the Mayor of an application for a Certificate of Consent, from the California Departmen t of Industrial Relations, for the City to self-insure workers’ compensation liabilities, Attachment D a copy of which is attached as an Exhibit to the Resolution. c. Authorize the City Manager to execute an agreement with Athens Administrators for third party administration services for the workers’ compensation program. Item 6b. 2023-25 Financial Plan Strategic Budget Direction Page 2 CJPIA Excess Protection Program for Workers’ Compensation Coverage (Attachments B,C, and D Attachment B) The City of San Luis Obispo became a member of the California Joint Powers Insurance Authority (CJPIA) on July 1, 2004, for liability and workers’ compensation coverage. At that time, the only option available was the primary program, where coverage was provided on a “first dollar” basis and member agencies shared the risk and cost of claims by pooling their losses. In 2016, CJPIA established an excess protection program (EPP), where member agencies could choose to participate by selecting a Self-Insured Retention (SIR), or deductible, that best fit their claims experience and tolerance for risk. During that year, the City of San Luis Obispo moved from the primary program to the excess program for liability with a $500,000 SIR, in exchange for a reduced memb er contribution amount, or premium cost. This means that the City transitioned to paying claims costs up to $500,000 before CJPIA liability coverage started paying the “excess” costs beyond that amount.