TO: LINDA REICH, CITY MANAGER
FROM: GERIANN KINGSLAN, DIRECTOR OF HUMAN RESOURCES/RISK MANAGEMENT
SUBJECT
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Vendor Cap Increase - Lincoln Financial Group.
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RECOMMENDATION
Authorize a total vendor cap of $76,000 retroactively for FY 23/24 and authorize the City Manager to execute all necessary documents on behalf of the City.
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FISCAL IMPACT
Sufficient funds exist in the Fiscal Year 2023-24 Operating Budget.
CITY OF CHINO MISSION / VISION / VALUES / STRATEGIC ISSUES
The recommendation detailed above further the City's values and strategic issues that serve as key pillars on which identified priorities, goals, and action plans are built, by fostering:
* Superior Customer Service
* Financial Stability
* Responsible Long-Range Planning
* Public Service Excellence through Internal and External Partnerships
Revenue: Click or tap here to enter text.
Expenditure: 6305010 - 43535
Transfer In: Click or tap here to enter text.
Transfer Out: Click or tap here to enter text.
BACKGROUND
The City of Chino contracted with Lincoln Financial Group (Lincoln) for FY 23/24 to provide disability benefits and leave management services. This partnership has benefitted the City greatly by providing a dedicated point of contact for all disability benefits and leave management services. Previously, City staff would manage the disability leave process, including numerous, varied interactions with employees and employees' physicians to obtain information and updates to qualify for an employee's leave. Now, Lincoln handles the entire process from start to finish, including any wavering interactions and issuing disability leave payments directly to employees. This has saved the City countless hours and resources and has standardized approval procedures, resulting in an overall improved leave management process.
ISSUES/ANALYSIS
The initial requisition with Lincoln was established at $50,000, and the vendor cap was quickly met by April 2024. This is due to a higher ...
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