HomeMy WebLinkAboutReso 2008-013 - GASB 45
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RESOLUTION NO. 2008 - 13
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
RECOMMENDING THE IMPLEMENTATION OF A GENERAL POLICY
BIFURCATING THE CITY'S HEALTH INSURANCE BENEFIT PLAN FOR
FUTURE EMPLOYEES IN RESPONSE TO GOVERNMENT ACCOUNTING
STANDARDS BOARD STATEMENT 45 (GASB 45) SUBJECT TO FUTURE
COLLECTIVE BARGAINING AS MEMORANDUMS OF
UNDERSTANDING ARE APPROVED BY THE CITY COUNCIL
WHEREAS, the City Council has discussed the implementation of a general policy
bifurcating the City's health insurance benefit system for future employees in response to
Government Accounting Standards Board Statement 45 (GASB 45), subject to future collective
bargaining agreement negotiations which include the participation of employees who are
Unrepresented or Represented by the Peace Officers Association of Redding, the Redding Police
Management Association, the International Association of Fire Fighters, the Service Employees
International Union, or the International Brotherhood of Electrical Workers; and
WHEREAS, the City Council deems it to be in the best interest of the City to adopt such a
policy;
NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council that a general
policy bifurcating the City's health insurance benefit system for future employees in response to
GASB 45 be implemented subject to future collective bargaining agreement negotiations.
I HEREBY CERTIFY that the foregoing Resolution was introduced, read, and adopted at
a regular meeting of the City Council of the City of Redding on the 5th day ofF ebruary, 2008, by the
following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
Bosetti, Dickerson, Jones, Murray, and Stegall
None
None
None
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MAR LEA STEGALL, May~
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FORM APPROVED:
CONNJ<E::ST,ROHMA YE
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Attorney
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Cjty Clerk
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RICHARD A. DUVERNAY, C'
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