CONTRACTRECOMMENDED

Principal proposed for city ancillary benefit package

City of Toco
Document date
Oct 23, 2023

The 30-second brief

What it covers

Principal Group was proposed to provide ancillary employee benefits to City of La Grange staff beginning January 1, 2024, including dental, vision, life/AD&D, voluntary life, short-term disability, and employee assistance plans with two-year rate guarantees and lower premiums than current coverage. The change aims to reduce costs while maintaining similar benefits.

Who holds it

Principal Group holds this insurance contract with City of Toco. Its other public contracts on record include work for Compass Charter School Of Yolo and Town of New Milford.

What happens next

Term as filed: Effective 1/1/2024 with 2-year rate guarantees on dental, vision, life/AD&D, and voluntary life; other voluntary lines ongoing.

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Contract details

Contract type
Insurance
Document date
October 23, 2023
Term
Effective 1/1/2024 with 2-year rate guarantees on dental, vision, life/AD&D, and voluntary life; other voluntary lines ongoing
Source document
city-of-la-grange-city-council-meeting-agenda-october-23-2023_b9d.pdf (Agenda)

Principal Group's other public contracts

More City of Toco contracts

Questions about this contract

Who was awarded the insurance contract by City of Toco?

Principal Group was awarded this insurance contract by City of Toco, as recorded on October 23, 2023.

What type of contract is this?

This is a Insurance contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-la-grange-city-council-meeting-agenda-october-23-2023_b9d.pdf (Agenda), dated October 23, 2023 from City of Toco. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Principal Group hold?

Principal Group may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Toco currently buying?

Explore City of Toco's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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