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Employee Benefit Trust Minutes - 02/10/2010City of Wichita Falls Employee Benefits Trust Board Minutes February 101h, 2010 The meeting was held in the City Council Conference Room, 1300 Seventh Street, Wichita Falls, TX 76301. Members Present: Darron Leiker, City Manager Jim Dockery, Asst. City Manager /CFO Miles Risley, City Attorney Tammy Guerra, Human Resources Manager Becky Chapman, Employee Benefits Coordinator Agenda Items: i. Call to Order- Meeting was called to order at 2:OOpm. ii. Approval of Minutes (November 30`h, 2009) - Motion was made by Miles Risley to approve the November minutes, second by Jim Dockery. The motion carried unanimously. iii. Consideration and possible approval of a pay increase for the On Site Clinic -On January 18`h, 2010 Ken Phyllis requested a five percent increase due to additional administrative paperwork (FMLA, Workman's Compensation), rising malpractice insurance costs, continuing medical education expenses, license renewal fees, and additional pre- employment physicals due to the water park addition. Motion was made by Darron Leiker to approve the one and one half percent increase, second by Tammy Guerra. The motion carried unanimously. iv. Consideration and possible appointment of funding employee mandated physicals- Motion was made by Darron Leiker discontinue paying for mandatory physicals for the firefighters, second by Tammy Guerra. The motion carried unanimously. v. Financial Report- YTD revenues at 8.85 million; expenses are at 2.46 million for 25 % of year. Claims, including BCBS and all benefits, are at 1.7 million. Over all, activity looks around the same as last fiscal year, however, too early in the year to predict results. vi. Discussion of GASB 45 Report- The GASB 45 is a post- employment health benefit trust for retirees. The contributions for the trust have increased $96,000 from last year. Trust will be fully funded in 16 to 17 years. Premium adjustments for Medicare eligible retirees need to be reviewed. Premiums increased $87.00, from $325 to $412. vii. Report from Employee Benefits Trust Staff- Informing employees on FSA increased enrollment 30 %. EAP utilization rate is at 13.5% which is almost triple the average annual utilization rate of Deer Oaks' programs - 4-5%. viii. Open Session ix. Adjourn at 3:50pm. i/p— v lO Iles Risliy,10wrinan Ute