Review Agenda Item
Meeting Date: 3/18/2020 - 5:00 PM
Category: PERSONNEL
Type: Action
Subject: 10.2 Hartford Life Insurance Company for Board of Education Employees for the 2020 - 2023 school years
District Goals:
Enclosure
File Attachment:
BOCS Worksheet for Hartford Life Insurance.pdf
Resolution Abstract - Hartford Life Insurance March 2020 - March 2023.pdf
Yonkers BOE Proposal - 3 1 2020 Effective Date.pdf
Rationale: Contract with Hartford Life Insurance Company to provide Life Insurance to Board of Education Employees for the 2020 - 2023 school years
Funding: 450.5301.100000.9045.B2800
Resolution: WHEREAS the District desires to enter into a contract with Hartford Life Insurance Company for the 2020 - 2023 school year; and

WHEREAS the administration recommended we enter into a contract with Hartford for Board approval; and

WHEREAS Hartford will be paid $13,370.16 per year for such services.

NOW THEREFORE BE IT RESOLVED: That the Board of Education authorizes the Superintendent of Schools to enter into a contract with Hartford for the 2020 - 2023 school years at an annual cost not to exceed $13,500. Life Insurance cost for Employees: - $0.118 per $1,000 of Life Insurance in force hereunder. Accidental Death and Dismemberment Insurance for Employees: - $0.019 per $1,000 of the Full Amount of Accidental Death and Dismemberment Insurance for Employees.


It is acknowledged and agreed that pursuant to the terms of that certain intermunicipal agreement by and between the City of Yonkers Board of Education (“BOE”) and the City of Yonkers (the “City”) as filed in the Office of the City Clerk on June 16, 2014, the terms of this agreement are subject to review and revision by the Corporation Counsel, as well as approval by the City’s Board of Contract and Supply. Furthermore, this Agreement shall not be enforceable until signed by both parties and approved by the Corporation Counsel’s Office.
Approvals:
Recommended By:
Signed By:
Carlos Moran - Commissioner
Signed By:
Finance Department - Finance Reviewer
Signed By:
Tom Collich - Purchasing Director
Signed By:
Elizabeth Janocha - Deputy Commissioner
Signed By:
John Liszewski - Commissioner
Signed By:
Matthew Gallagher - Corporation Counsel
Signed By:
Dr. Edwin M. Quezada - Superintendent of Schools
Vote Results:

Original Motion
Member Andrea Brown Moved, Member Kevin Cacace seconded to approve the Original motion 'WHEREAS the District desires to enter into a contract with Hartford Life Insurance Company for the 2020 - 2023 school year; and

WHEREAS the administration recommended we enter into a contract with Hartford for Board approval; and

WHEREAS Hartford will be paid $13,370.16 per year for such services.

NOW THEREFORE BE IT RESOLVED: That the Board of Education authorizes the Superintendent of Schools to enter into a contract with Hartford for the 2020 - 2023 school years at an annual cost not to exceed $13,500. Life Insurance cost for Employees: - $0.118 per $1,000 of Life Insurance in force hereunder. Accidental Death and Dismemberment Insurance for Employees: - $0.019 per $1,000 of the Full Amount of Accidental Death and Dismemberment Insurance for Employees.


It is acknowledged and agreed that pursuant to the terms of that certain intermunicipal agreement by and between the City of Yonkers Board of Education (“BOE”) and the City of Yonkers (the “City”) as filed in the Office of the City Clerk on June 16, 2014, the terms of this agreement are subject to review and revision by the Corporation Counsel, as well as approval by the City’s Board of Contract and Supply. Furthermore, this Agreement shall not be enforceable until signed by both parties and approved by the Corporation Counsel’s Office.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 9 Nay: 0.
The motion Carried 9 - 0
   
Rev. Steve Lopez     Yes
Judith_Ramos Meier     Yes
Andrea Brown     Yes
Dr. Rosalba Corrado Del Vecchio     Yes
Kevin Cacace     Yes
Abdool H. Jamal     Yes
Dr._Ammir Rabadi     Yes
Dr._Edward Fergus     Yes
Dr. John Castanaro     Yes