Narrative of Resolution:
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Apportion Cost of the 2024 County Self-Insurance Plan
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RESOLUTION INTRODUCED BY THE EXECUTIVE COMMITTEE TO APPORTION COST OF THE 2024 COUNTY SELF-INSURANCE PLAN, AND TO LEVY TAXES AND/OR BILL DIRECTLY THEREFORE
WHEREAS, the County Legislature adopted Local Law 2 of 2018 which restated and amended sections of Chapter 43 of the Law of Sullivan County; and
WHEREAS, the Risk Management & Insurance Department ("Risk Management") is required to and hereby files a report by which it has estimated that the sum of $3,650,000.00 will be necessary for the calendar year 2024 to meet the payments and expenses of the Workers' Compensation Self - Insurance Plan; and
WHEREAS, Risk Management has determined the share of such estimated sum chargeable to each participant of the County Workers' Compensation Self Insurance Plan; and
WHEREAS, the amount chargeable to each participant of the County Workers' Compensation Self-Insurance Plan is detailed on the Self-Insurance Fund Charges, and, the $3,650,000.00 was calculated as detailed in the 2024 Estimate of Expenses for the Self-Funded Workers' Compensation Plan for Sullivan County (attached 2024 Allocation report) and made a part hereof; and
WHEREAS, the 2024 Cost Allocation Report shall collectively be considered Risk Management's 2024 report for the funding estimate and participant apportionment costs for the County's Workers' Compensation Self-Insurance Plan,
("Risk Management's 2024 Plan")
NOW, THEREFORE, BE IT RESOLVED, the Sullivan County Legislature hereby adopts Risk Management's 2024 Plan and directs that the amount set opposite the name of each...
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