R-2022-374 - 11/17/2022 RESOLUTION NO. R-2022-374
WHEREAS, the City of Round Rock (the "City") previously accepted a proposal from
Madison National Life for the provision of employer-paid short-term disability coverage on September
13, 2018 by Resolution No. R-2018-5862, and
WHEREAS, the City desires to renew said short-term disability coverage for an additional two
(2)years,Now Therefore
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS:
That the Council hereby authorizes renewal of short-term disability coverage with Madison
National Life for the guarantee period of January 1, 2023 through December 31, 2024 as set forth in
the renewal document from Madison National Life attached as Exhibit"A."
The City Council hereby finds and declares that written notice of the date, hour, place and
subject of the meeting at which this Resolution was adopted was posted and that such meeting was
open to the public as required by law at all times during which this Resolution and the subject matter
hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act,
Chapter 551,Texas Government Code, as amended.
RESOLVED this 17th day of November, 2022.
Zi
CRAIG ORG , Mayor
City of ound ck, Texas
ATTEST:
� JV & JQ
MEAGAN SP KS, Ci Clerk
0112.20222;4883-7447-1486
EXHIBIT Madison National
Life Insurance Company
RATE CONFIRMATION
1. Policyholder: City of Round Rock
2. Group Number: 25660
3. Insurance Product: Short Term Disability
4. Rate Coverage Period: January 1, 2023— December 31, 2024
Short Term Disability
Premium Rates:
Current Rates Renewal Rates
Coverage Rate per$10 of weekly benefit Rate per$10 of weekly benefit
per month per month
Short Term $0.34 $0.34
Disability
In the event of a conflct between this document and the Joinder,the Joinder shall dictate the insurance rates and rate guarantee period.