County Sanitation District No. 2 of Los Angeles County Agenda 2026-06-24
Two-Year LTD Insurance Contract with New York Life
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Description
The Board will authorize a purchase order of approximately $591,612 to New York Life for two years of long-term disability insurance coverage for District employees at reduced premium rates. The agreement maintains LTD benefits while lowering annual costs.
Contract Details
Contract Amount
Approximately $591,612
Vendor
NEW YORK LIFE
Agency
Los Angeles County Sanitation Districts, CA
Contract Type
INSURANCE
Document Date
June 24, 2026
Contract Term
Two-year period
Renewal Info
Two-year LTD insurance placement with New York Life at 14.5 cents per $100 of covered salary; future renewals will depend on market quotes at term end.
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