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Total Administrative Services Corporation (TASC) Fee Renewal Copyright 2014 City of Dubuque Consent Items # 4. ITEM TITLE: Total Administrative Services Corporation (TASC) Fee Renewal SUMMARY: City Manager recommending approval of the administrative services fee of Total Administrative Services Corporation (TASC), the City's flexible spending plan administrator. SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Approve ATTACHMENTS: Description Type ❑ TASC Fee Renewal-MVM Memo City Manager Memo ❑ TASC Flex Spending Fee Renewal Memo Staff Memo ❑ Tasc Flex Spending Fees Supporting Documentation THE CITY OF Dubuque UBE I erica .i Masterpiece on the Mississippi 2007-2012-2013 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Administrative Services Fee Renewal for the Flexible Spending Plan DATE: December 5, 2014 Personnel Manager Randy Peck recommends City Council approval of the administrative services fee of Total Administrative Services Corporation (TASC), the City's flexible spending plan administrator, in the amount of$3.85 per month per participating employee, effective January 1, 2015, through December 31, 2015. The current fee of $3.77 per month per participating employee has been in effect since January 1, 2009. This is a 2.1% increase. I concur with the recommendation and respectfully request Mayor and City Council approval. Micliael C. Van Milligen MCVM:jh Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant City Manager Randy Peck, Personnel Manager •ri-i E,ciTY OF Dubuque DUBE M-AirtedcaCi#y C Masterpiec e tett the Mississipp 1 1111 e 2007 TO: Michael C. Van Milligen, City Manage FROM: Randy Peck, Personnel Manager SUBJECT: Administrative Services Fee Renewal for the Flexible Spending Plan DATE: November 14, 2014 1 received the renewal rates from Total Administrative Services Corporation (TASC), our administrator for the flexible spending plan. Effective January 1, 2015, their fee will increase from $3.77 per month per participating employee to $3.85 per month per participating employee, which is a 2.1% increase. This fee is guaranteed through December 31, 2015. Their current fee has been in effect since January 1, 2009. The Health Care Committee voted to accept the renewal rate proposed by Total Administrative Services Corporation. I recommend that the administrative services fee of $3.85 per month per participating employee effective January 1, 2015, through December 31, 2015, be approved. The requested action is for the City Council to pass a motion approving the administrative services fee proposed by Total Administrative Services Corporation in the amount of$3.85 per month per participating employee effective January 1, 2015 through December 31, 2015. RP:Imh rice Optimization Page 1 of 2 Randy Peck - Fwd: Important FlexSystem Update From: Gina Noel To: Peck, Randy Date: 11/4/2014 11:33 AM Subject: Fwd:Important FlexSystem Update Gina Noel Personnel Assistant City of Dubuque 50 W 13th St Dubuque IA 52001 Phone: 563-589-4115 Fax: 563-690-6025 Email: anoel@cityofdubuque.org >>> On 10/31/2014 at 12:54 PM, in message <300.0.15.83B.1CFF533B0331F12.D38A6@me-ss2- 16synq.mailenginel.com>, "TASC Customer Care" <donotreply@tasconline.com> wrote: I Dear TASC Client: 4 At TASC we continue to make significant investments in our infrastructure,systems,and team to provide more efficient service to you.We are committed to continual improvement and enhancement of technology and service offerings.We offer ongoing support,annual review of Plan compliance,and systematic updating of Plan documents.And unlike other administrators,we don't nickel and dime you for these services.Instead,the innovative and reliable performance of these service offerings increases average participation in TASC Plans by 10 percent.This increases your savings roughly$100 a year,per Participant! TASC Innovations TASC continues to invest in FlexSystem.Ongoing enhancements increase ease,efficiency,and customer satisfaction.Some of the more recent innovations at TASC include the following: • New FlexSystem Participant website provides a modern,visually appealing design with account balances featured on the home page. • The TASC Card with the exclusive MyCash Account: allows ultimate flexibility with your account. • Transportation benefit enhancement offers new features,including an automated rollover and 180 day reimbursement submission. • Texting and emailing account balance on demand. t • Our Mobile App:use a smart phone to check balances and submit reimbursement requests,24/7! a • And more! i 1 There are costs associated with providing superior service offerings and continual enhancements.TASC customers have told us that they prefer an annual fee increase instead of a relatively larger fee increase every few years.To comply,TASC's small i file:///C:/Users/tblus/AppData/Local/Temp/XPgrpwise/545 8B98BDBQ_DODBQ_PO 1001... 11/4/2014 'rice Optimization Page 2 of 2 annual fee increase is re-calculated each year based on a three-year average of the Consumer Price Index(CPI),a figure calculated by the U.S. Bureau of Labor Statistics.This year's increase will be 2%. Here are your 2015 fees: Plan PPPM Fee/ Minimum Monthly Billing Annual Monthly Fee* Card Fee Frequency Renewal Fee 4400-0479-9060 City Of Dubuque 1 $3.85/$645.83 $1.60 Monthly $300.00 *A Per Participant(PPPM)administrative fee or a Minimum Monthly administrative fee will apply to your Plan. Want to stay informed about the changes and enhancements going on at TASC and with your FlexSystem Plan?Just visit our Client news website—the TASC Tracker.We post all of the news about changes,enhancements,and other important items related to your Plan there,so visit the site and subscribe to receive convenient email updates. Thank you for your continued business!We're committed to providing you with the top-notch service you have come to expect from TASC. If you have any questions regarding our service offerings,please contact Customer Care at 1-800-422-4661 for assistance,or submit a MyService Request online at www.tasconline.com. Sincerely, TASC Customer Care Total Administrative Services Corporation(TASC) 2302 International Lane �TAAS C Madison,WI 53704-3140 �w www.tasconline.com Yo received this email because you are a TASC Gent To ensure that you con',nue to receive mporta^t notifications suc"as the pease add tl;s address(donotreply@tasconline.comi and our don'ain(.atasconline.comi to your list of contacts or approved senders Cl ck here to unsubscnbe from fut,re TASC email not•flca'.ions Click here to report this email as spam. file:///C:/Users/tblus/AppData/Local/Temp/XPgrpwise/5458B98BDBQ_DODBQ_PO 1001... 11/4/2014