Subsequent Year Benefits Plan Proposals Sample Clauses

Subsequent Year Benefits Plan Proposals. For subsequent years of the Agreement the Consultant shall provide the Project Manager an annual benefits plan, which shall include multiple options for Health and Dental Insurance and provide details detailed explanations of benefits, and downsides for each option, and the Consultant’s recommendation. The annual benefit plan proposal must be submitted to the Project Manager no later than sixty (60) days prior to the open enrollment period. As part of the subsequent year plan proposals the Consultant shall:  Using current and historical Town health and medical benefit plans as benchmarks, research, design and propose employee benefit plans for the Town as appropriate.  Provide an analysis of the current plan, including a review of current and past performance  Review additional available cost savings plan alternatives and creative funding options.  Determine the appropriate employee and employer benefit contribution levels.  Review and recommend annual contribution strategy from active participants and retirees.  Provide Town with information on what other municipalities of comparable size and location will be doing with their benefits in the upcoming plan year.  Conduct renewal negotiations and develop appropriate information for management purposes.  Prepare and present a written analytical report of the proposals received including recommendation(s) and supporting documentation for recommendations.  Review plan documents (employee booklets) and master contracts before adoption and printing.  Assist with the planning and implementation of selected changes including transition from the current to new vendors, the renewal proposal, and other benefits changes.  Assist with developing Town employee benefit program communication materials. Coordinate the design, printing and production of those materials, as edited and approved by the Town’s Project Manager.  Advise and assist the Town’s Project Manager with the review of contracts, plan documents, insurance policies and other documents for applicability, accuracy, consistency, and legal compliance.  Assist Town with the development of performance guarantees relating to vendors’ performance of services to the Town, and evaluation of the performance of vendors.