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April 11, 2019 City Council Regular Meeting (Held at the Cultural Arts Center, 201 Montgomery Street)
Title
55. Settlement of Workers’ Compensation Claim for Gary Kaspar in the Amount of $560,194.
Strategic Priority
Good Government
Description

Mr. Kaspar, a former SCMPD officer, suffered a severe cardiac event- and related anoxic issues- on January 1, 2013 while chasing a suspect.  In 2018, he applied for a catastrophic designation.  Subject to the approval of the Mayor and Aldermen, the parties have agreed to resolve this case for $560,194, broken down as follows: $220,000 on the income benefits component; Medicare Set-Aside seed money of $113,198; and the funding of an annuity to cover future medical expenses in the amount of $225,996.  The City’s remaining self-insured retention is $308,027 so the remainder of the settlement will be funded by the City’s excess carrier, Safety National.  The MSA will revert back to the City/Safety National upon Mr. Kaspar’s passing.

Recommendation

City Attorney Recommends Settlement

Contact
Jennifer Herman, Acting City Attorney
Financial Impact
Expenditure of $560,194
Review Comments
Attachments

No attachments available

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