NOTICE IS HEREBY GIVEN that a Contract Public Hearing will be held on Thursday, August 13, 2020, at 10:00 AM. The Public Hearing will be held via Conference Call. Call-in #: 1-646-992-2010, Access Code: 715 951 139.
IN THE MATTER of a proposed contract between the Financial Information Services Agency, the Office of Payroll Administration (“FISA-OPA”) and Metropolitan Life Insurance Company (MetLife) located at 200 Park Avenue, 5N.840, New York, NY 10166, for the Paid Family Leave (“PFL”) policy. The initial term of the contract will be five (5) years, from January 1, 2021 to December 31, 2025 with an option to renew at the City’s sole discretion for another five (5) years from January 1, 2026 to December 31, 2030 at the same terms and conditions as the underlying contract. The contract value is $124,917,200 paid by employees’ payroll deductions without any cost to the City. The contract value is based on the premium rate established by the Superintendent of the NYS Department of Financial Services. The premium for calendar year 2020 has been set at 0.270 percent of the employee’s gross wages each pay period up to an annual maximum contribution of approximately $196.72. There are approximately 127K employees currently enrolled in the PFL program. PIN #: 131FY20NA01.
The proposed contractor has been selected by Negotiated Acquisition method, pursuant to Section 3-04 of the Procurement Policy Board Rules.
In order to access the Public Hearing and testify, please call 1-646-992-2010, Access Code: 715 951 139 no later than 9:55 AM. If you need further accommodations, please let us know at least five business days in advance of the Public Hearing via e-mail at DisabilityAffairs@mocs.nyc.gov or via phone at 1-646-872-0231.