HomeMy WebLinkAbout4706 - ADMIN Resolution - City Council - 1972/12/18RESOLUTION NO.
4706
DECEMBER 18, 1972
7H
RESOLUTION PROVIDING FOR CITY PARTICIPATION IN
GROJP LIFE INSURANCE FOR CITY EMPLOYEES JOINTLY
WITH HENNEPIN COUNTY
WHEREAS, the City Council desires to increase the compensation of its
employees and to make available to them the benefits and advantages of group
insurance rates and coverage as authorized by Minnesota Statutes of 1959,
Section 471.61, and
WHEREAS, the City of St. Louis Park and the County of Hennepin have
entered into a contract for joint participation in providing group life
insurance for City employees in the group insurance plan now in effect
for County employees, therefore
BE IT RESOLVED by the City Council of the City of St. Louis Park that:
1. The City Manager and the Mayor after Council approval be and they
hereby are authorized to execute and renew from time to time on behalf of
the City various group life insurance contracts including provision for
basic coverage including waiver of premium, accidental death and dismember-
ment in the sum of $5,000.00, and also providing supplementary coverage for
Voluntary Group Life Insurance on employees and their dependents, in the
forms and for the purposes authorized by law in M.S.A. 471.61 for the benefit
of the employees and officers of the City where execution of contracts is
required, and to approve such contracts where approval thereof shall be
required.
2. The group insurance plans hereby authorized shall be limited to
the group life insurance plan currently in existance between Hennepin
County and North American Life and Casualty Company.
3. The City shall pay to the insurers from the funds of the City
for the year 1973, commencing with the January 1973 installment on such
approved group life insurance coverage for its paid employees and officers,
permanent or probationary regardless of the manner of their election or
appointment, the full amount of the premium for the basic coverage mentioned
above and the City shall deduct from the compensationcf such officers and
employees and pay to insurers the premium authorized in writing by such
employees for supplementary insurance of their choice as above mentioned,
all in accordance with M.S.A. 471.61.
4. The appropriate officers are hereby authorized and directed
to deduct the proper amounts for any such premiums and to remit to the
insurer such deductions and City contributions as are hereinbefore
mentioned.
At
t st:
01a
Adopted by the City Council Decembe
'IL1-41--D-1-11)
ity Clerk
Reviewed for administration:
City Manager
-2-
Apppoved as to form and legality:
City torney