EMPLOYEE BENEFITS
DEPARTMENT BUDGET:
Employee Benefits includes funding for comprehensive health and group life insurance, worker’s compensation, unemployment compensation and social security for employees of the City of Hartford, the Hartford Public School system and the Hartford Public Library.
The City provides life, hospital and major medical insurance for all its employees pursuant to various union agreements, Court of Common Council resolutions and State statutes.
The City has established a self-insurance fund to finance and account for uninsured risks of loss for health benefits and worker’s compensation. Each of these self-insured programs is accounted for within an internal service fund in order to more accurately report on and account for the City’s total costs associated with these two programs.
The City Council’s Adopted Budget for Fiscal Year 2000-2001 includes an increase in social security, reflecting an increase in the number of employees in the Hartford School system.
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2000-2001 BUDGET ALLOCATIONS |
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Employee Life |
Worker’s |
Unemployment |
Social |
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|
/Health Insurance |
Compensation |
Compensation |
Security |
Totals |
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|
CITY |
12,666,160 |
1,309,030 |
138,720 |
4,050,400 |
18,164,310 |
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|
EDUCATION |
20,332,520 |
1,981,772 |
550,000 |
4,240,390 |
27,104,682 |
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|
LIBRARY |
333,320 |
23,198 |
5,000 |
322,710 |
684,228 |
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TOTALS |
33,332,000 |
3,314,000 |
693,720 |
8,613,500 |
45,953,220 |
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DEPARTMENT BUDGET SUMMARY: