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Employee Benefit Trust Minutes - 02/10/2010 (2) City of Wichita Falls Employee Benefits Trust Board Minutes February 110th, 2010 The meeting was held in the City Council Conference Room, 1.300 Seventh Street, Wichita Falls, TX. 76301. Members Present: Dacron Leiker, City Manager Jim Dockery, Asst. City Manager/CFO Miles Risley, City Attorney Taman-Guerra, Human Resources Manager Becky Chapman, Employee Benefits Coordinator Agenda Items: i. Call to Order- Meeting was called m order at 2:00pm. ii. Approval of Minutes (November 30`r` 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 1.8" 201.0 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 I_.eiker to approve the one and one half percent increase, second by Tanury Guerra. The motion carried unanimously. iv. Consideration and possible appointment of funding employee mandated. physicals- Motion was made by Dacron Leiker discontinue paying for mandatory physicals for the firefighters, second by Tammy Guerra. The motion carried unanimously, v. Financial Report- YID revenues at 8.85 million; expenses are at 2.46 million for 25 of year. Claims, including BCBS and all benefits, are at l.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- 'Ihe CiASB 45 is a post-employment health benefit trust for retirees. The contributions for the trust have increased $96.000 from last year. Trust wilt 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 ['SA increased enrollment 30 E:A_P utilization rate is at 1 3 7% which is almost triple the average annual utilization rate of Deer Oaks' programs- 4-5%. viii. Open Session ix. Adjourn at 3:50pm. Submitted by: Evelyn Beltran Senior Admire Clerk