Authorize an amendment to a contract for continued long-term disability insurance for Austin Human Resources with Life Insurance Company of North America, to increase the amount by $2,700,000 for a revised total contract amount not to exceed $16,068,000. Funding: $900,000 is available in the Employees Benefit Fund. Funding for the remaining contract term is contingent upon available funding in future budgets.

The city wants to extend its long-term disability insurance for Austin employees through Life Insurance Company of North America. This amendment adds $2,700,000, bringing the total contract to a cap of $16,068,000. Of that, $900,000 is available now in the Employees Benefit Fund, with the rest depending on future budgets.

budget

"without objection, the consent agenda is adopted" — meeting transcript (unofficial)

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