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.

Staff Report & Agenda Item Details

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.