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HomeMy WebLinkAboutAgenda Report - January 13, 1986OUNCIL COAIMUNICAT� N1 TO THE CITY COUNCIL DATE NO. FROM: THE CITY MANAGER'S OFFICE January 13, 1986 SUBJECT: Resolution providing for the cost of benefit reimbursement method for funding the City's liability for UnemploN-,ent Insurance. In January 1978, California law required local public entities to provide Unemployment insurance Coverage to their employees. Resolution-No..78-24 was adopted on February 15, 1978 by the City Council to provide for the funding of the City's liability for unemployment insurance through the Local Public Entity Employees' Fund (LPEEF). Recent legislation (AB 1575) amended the California Un-mployment Insurance Code to reveal the LPEEF effective January 1, 1986 as a result of the Sacramento_ decision handed down by the California Sun_reme Court. Under this decision, state mandated costs such as Unemployment Insurance are now reimbursable by the State. With the dissolution of the Fund, cities will have two opt -ons for an employer classification under the unemployment insurance program to be selected by Januar 31: 1. Pa-ment of contributions by the Regular Contribution. Date ("'ax) Method 2. Pro -rated cost of benefits r_,aid. This is the classification of "reimbursing employer.," R As a tax rated employer the City will be required to pay 3.40 percent of total payroll to the Employment DevelopMent Department. City now in the 'Local Public Entity Fund automatically Eecomes a -tax rated i.reirbur^ing doing nothin employers pay to the Employment_Development>Department an amount equal to the benefits paid out for unemployment insurance clair_is. In other words, the. City reimburses EDD on a dollar -for -dollar basis for claims paid out. a good number of cities which where not in the Local Pualic Entity Fund now '_:ave the'status of "reimbursing,emplover; this includesmost of `he larger cities in.the state. I is =: the recommendation of the League of CaLfornia Cities that c_t es choose to become a.reimbur-sing employer. Given the sta.bilitw of City work forces, in 990 of the cases, ;t- will cost the city less when choosing to be a reimbursing employer than. allowing EDD to classify the Cite as.a tax rated employe P. 'CO.24ENDATION: It is the recommendation of staff that the City Council adopt resolution providing for the Cost Reimburser.ent Method for Funding -the City's Unemployment Insurance Liability.