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Insurance claims exceed premiums for district plan
The North Syracuse school board learned that from July 1, 1976 to July 1, 1977 claims and related costs totaled $592,462, surpassing premiums of $585,890 by $6,572. The excess was covered by the reserve fund. projected trends show a drop in claims after July 1, 1977. Connecticut Mutual administers the plan. The board also ratified a three year office staff contract with raises totaling 7.6, 6.2 and 5.5 percent, with a $35,000 higher cost for 1977-78.
MENTIONED IN THIS ARTICLE
North Syracuse
Raymond Dohne
Dohne
Connecticut Mutual