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81012
MISCELLANEOUS RESOLUTION #
February 5, 1981
BY: FINANCE COMMITTEE, DENNIS MURPHY, CHAIRPERSON
IN RE: ESTABLISHMENT OF WORKERS' COMPENSATION AND UNEMPLOYMENT COMPENSATION
SELF-INSURANCE FUNDS
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairperson, Ladies and Gentlemen:
WHEREAS the County Executive instituted a self-insured Workers' Com-
pensation Program in order to meet County responsibilities in administering
this program at a minimum cost; and
WHEREAS this self-insurance program was approved by the Oakland County
Board of Commissioners in Miscellaneous Resolution #8778; and
WHEREAS the past accounting practice is for the County to reimburse
M.E.S.C, for unemployment compensation paid to former County employees out
of the nondepartmental expenditure account; and
WHEREAS the Non-Departmental Appropriations for fringe benefits
were eliminated with adoption of the 1981 Final Budget and General
Appropriation Act in favor of allocating fringe benefits to all County
programs; and
WHEREAS establishing a self-insured Unemployment Compensation Fund
would meet County responsibilities in administering this program at a
minimum cost; and
WHEREAS costs are increasing due to a larger number of claims and
the greater compensation payable; and
WHEREAS projected investment income from self-insured Workers' Com-
pensation and Unemployment Compensation Programs would offset increases in
costs of these programs and reduce appropriations required in the annual
County Budget.
NOW THEREFORE BE IT RESOLVED that separate funds for Workers' Com-
pensation and Unemployment Compensation be established for the purpose
of maintaining self-insurance programs, and
BE IT FURTHER RESOLVED that the existing reserves for Workers' Com-
pensation and Unemployment Compensation expenditures be transferred to
these newly established funds, and
BE IT FURTHER RESOLVED that the income earned from investments
attributable to these funds remain in these funds to minimize future
appropriations required to fund these programs.
Mr. Chairpermn, on behalf of the Finance Committee, I move the
adoption of the foregoing resolution.
FINANCE COMMITTEE
#81012_ February 5, 1981
Moved by Murphy supported by DiGiovanni the resolution be adopted,
AYES: Perinoff, Pernick, Peterson, Price, Whitlock, Wilcx, Aaron, Caddell,
Cagney, DiGiovanni, Doyon, Fortino, Gabler, Geary, Gosling, i!,:)rt, Jackson, Lanni,
McDonald, Moffitt, Montante, Moore, Murphy, Olsen, rage, ratte,-son„ (26)
NAYS: None, COI
A sufficient majority haVirig voted therefor, the resolution was adopted,
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, Clerk of the County. of Oakland and
having a seal, do hereby certify that I have compared the annexed copy of
Mi'scellaneous Resolution 1/0101:: 1:pted by the D:,Thnd County ror ,-1 of
Commissjoners at their meeting held on February 17, 1931
with the original record thereof now remaining in my
office, and that it is a true and correct transcript
therefrom, and of the whole thereof,
In Testimony Whereof, I have hereunto set my hand and
affixed the seal of said County at Pontiac, Michigan
81 .• • • • n 'oe' e••••19.••• of _eFbruery
Lynn D. Allen......................Clerk
Clerk