DISCLAIMER

 

08-0153R


RESOLUTION APPROVING FIRST AMENDMENT TO CONTRACT WITH VAN IWAARDEN ASSOCIATES FOR ACTUARIAL SERVICES PERTAINING TO RETIREE BENEFITS OBLIGATIONS INCREASING THE AMOUNT TO $22,376.

CITY PROPOSAL:

     RESOLVED, that the proper city officials are authorized to enter into a first amendment to City Contract No. 20449, substantially in the form of that on file with the city clerk as Public Document No. __________, between the city and Van Iwaarden Associates for actuarial services related to retiree benefits, modify the services to be provided and increasing the amount to be paid thereunder to $22,376 from Fund 630, Agency 036, Organization 1650, Object 5441.


FIN/ATTY REA:nmj 2/13/2008


STATEMENT OF PURPOSE:  This resolution authorizes an amendment to the city’s contract with Van Iwaarden Associates for actuarial services pertaining to the city’s retiree benefit obligations. The scope of services will be amended to add re-running the report for the new drug plan and PBM and also for changes in police and basic contracts, as well as a re-running for additional contribution to the OPEB trust.


The amount of the contract will be increased by the amount of $1,876.