Gurnee renews employee benefits services
By Ed Collins Special to The News-Sun February 22, 2013 7:34PM
Updated: April 24, 2013 2:24AM
GURNEE — The world of providing employee benefits has become a complicated world for many municipal elected officials.
Many retain professional employee benefit specialists to help them navigate through the growing thicket of state and federal regulations, various legalities, and increased pressure from union staff demands.
The Gurnee Village Board has approved a new contract with Peter Wright, of Wright Benefit Strategies, at the recommendation of staff Human Resources Director Christine Palmieri.
She suggested the board renew Wright Benefits Strategies as its broker and consultant for another year at this week’s Village Board meeting.
Palmieri said since 2006 Wright has been providing a wide range of services for both the Village Board and the human resources staff by administering Gurnee’s employee self-insured health insurance plan, stop-loss insurance, group term life insurance plan, and providing various consultations on changing legislation in this important area.
Additionally, Wright is adding some new services at no additional cost to his annual fee of $51,000, such as dedicated Web services to the financial services industry and improved data analysis on various employee plan performances.
Palmieri said another plus would be Wright’s additional offer to track changes in researching new employee benefits and in providing new legal research resource materials.
“The federal government will continue to draft regulatory guidelines and interpretations that require monitoring,” Palmieri said.
This will require a big part of the services that Peter and his team will provide to the Village as regular updates and other guidance are forthcoming.”
The village begins its annual fiscal budget hearings March 4.