NEWS
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Power Authority’s ‘Woman Leader’ Plays Key Role in Controlling Health Care Costs Contact November 9, 2006 FOR IMMEDIATE RELEASE WHITE PLAINS—The New York Power Authority (NYPA) has chosen for its Woman Leader of the Year an employee who worked tirelessly to control the rising tide of NYPA’s health care costs while designing an attractive, comprehensive benefits package for close to 3,000 employees and retirees. Ida Gencarelli, NYPA’s Director of Employee Benefits, had to strike a balance between two important concerns: attracting, motivating and retaining talented employees while weighing the financial impact the benefits package would have on the Power Authority’s bottom line. Her considerable achievement will be recognized today at the 33rd Annual Academy of Women Leaders 2006 Salute Luncheon, sponsored by the YWCA of the City of New York, Thursday, November 9, at the Sheraton New York Hotel. “It is very gratifying to me to be able to offer our employees such an attractive benefits package within the cost parameters laid down,” Gencarelli said. “It’s my way of serving the public while serving the needs of the Power Authority.” Gencarelli began her career with the Power Authority as a personnel clerk in 1979, and over the years has worked in almost every aspect of Human Resources (HR), including employee records, occupational health, labor relations relating to benefits issues and, finally, employee benefits. Her experiences working with employees one-on-one in various HR functions have given her a first hand appreciation of what’s important to people and of the impact various benefits changes may have on the lives of employees and their families. “Ida’s success in managing our health care costs was a noteworthy achievement by itself,” Tim Carey, NYPA’s President and CEO, said. “But when you also factor in her advocacy on behalf of employees, this recognition is well-deserved, indeed.” In addition to her work at the Power Authority, Gencarelli has served on the Board of the New York Business Group on health and is a current member of the Benefits Utility Group. Her proudest accomplishment, however, is as mother of her teenage son.
About NYPA: ■ NYPA uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. ■ NYPA is a leader in promoting energy-efficiency, new energy technologies and electric transportation initiatives. ■ It is the nation’s largest state-owned electric utility, with 18 generating facilities in various parts of the state and more than 1,400 circuit-miles of transmission lines. |
