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HomeMy WebLinkAbout56711 - ADMIN Resolution - City Council - 1977/01/101 January 10, 1977 RESOLUTION NO. 5674 RESOLUTION PROVIDING FOR CITY PARTICIPATION IN GROUP LIFE INSURANCE FOR CITY EMPLOYEES JOINTLY WITH HENNEDIN COUNTY WHEREAS, the City Council desires to make available to City employees the benefits and advantages of group insurance rates and coverage as authorized by M.S.A., 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 ingurance 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 dismemberment in the sum of $5,000.00, and also providing supplementary coverage for Voluntary Group Life Insurance on employees and their departments, 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 existence between Hennepin County and North American Life and Casualty Company, and Western Life Insurance Company. 3. Effective with the January 1977 installment, the City shall pay to the insurers from the funds of the City for such approved group la.fe insurance coverage for its regular employees and officers except employees covered under union contracts, the full amount of the premium for the basic coverage mentioned above and the City shall deduct from the compensation of such officers and employees and pay to insurers the premium authorized in writing for supplementary insurance of their choice in excess of the amount provided by the City as above mentioned, all in accordance with M.S A. 471.61; and further, that additional life insurance in amounts to be determined by the City in excess of the $5,000.00 basic coverage, shall be provided supervisory personnel and the premium therefor to be paid by the City. 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. Adopted by the City Council January 10, 1977. .t Attest: Reviewed for ad inistration: jI May or �\ Iry Approved,as to form and legality: City Atto e -z- 5674-