HomeMy WebLinkAbout03-194 CITY OF LAKEVILLE
DAKOTA COUNTY, MINNESOTA
RESOLUTION
Date n~r~rP,- n~_2~o3 Resolution 03-194
Motion by Bellows Seconded by Luick
Resolution approving the amendment to the
Employee Insurance Policy -Long Term Disability Coverage and approving the
Fortis Long Term Disability Policy.
BE IT RESOLVED by the City Council of the City of Lakeville that effective
January 1, 2004, the policy entitled."Employee Insurance" is approved and replaces
pages 57, 58 and 59 in the Employment Benefits section of the Employee Handbook as
described in Schedule A attached. This change reflects the taxation method ofthe Long
Term Disability Insurance.
BE IT .FURTHER RESOLVED the Fortis Long Term Disability Plan as
described in Schedule B attached hereto is hereby approved.
• APPROVED this 20th day of October 2003, by the City Council of the City of
Lakeville.
CITY OF VILLE
By: ~ _
Robert D. Jo son, Mayor
TIES
harlene Frid es, City 1 rk
•
Schedule ~
EMPLOYEE INSURANCE
POLICY
LIFE INSURANCE
1. Eligibility
a. Full-time employees will be eligible to receive life insurance
coverage under this policy. ,
b. Part-time employees working 30 hours or more each week also will
be eligible to receive life insurance coverage under this policy.
c. The above referenced full-time and part-time employees. will be
covered on the first day of the month following employment with the
City.
2. Policy & Coverage
• The City will contribute 100% of the cost of the premiums fora $15,000
term life insurance policy for all eligible employees. The policy provides
coverage for the employee and dependents according to the following
classification as per terms of the City's policy with Commercial Life
Insurance.
Amount of Insurance
Class Term Life and AD&D
1) Employee $15,000
2) Spouse $ 1,000
3) Unmarried Child(ren) $ 1,000 except that
dependents under age 14
days to 6 months are
insured for only $100
HOSPITAL, MEDICAL AND SURGICAL INSURANCE
1. insurance Provided. The City Council by resolution will establish from
time to time the insurance plans that will be provided.
• 2. Eligibility
a. Fu11-time employees will be .eligible to participate in the insurance
plans available under this policy.
b. Part-time employees working 30 or more hours each week also will
be eligible to participate in the insurance plans available under this
policy.
c. The above referenced full-time and part-time employees will be
covered on the first day of the month following employment with the
City.
3. Policy & Coverage
The City Council by resolution will establish from time to time the costs the City
will pay for employee and dependent coverage under City group hospital,
.medical, and surgical insurance programs.
DENTALINSURANCE
1. Eligibility
a. Full-time .employees will be eligible to receive dental insurance
• coverage under this policy..
b. Part-time employees working 30 hours or more each week also will
be eligible to receive dental insurance coverage under this policy.
c. The above referenced .full-time and .part-time employees will be
covered on the first day of the month following employment with the
City.
2. Policy & Coverage
The City Council by resolution will establish from time to time the costs the City
will pay for employee and dependent coverage under City group dental insurance
programs.
LONG TERM DISABILITY INSURANCE
1. Eli ibilit
a. Full-time employees will be eligible to participate in the insurance
plans available under this policy.
M
b. Part-time employees working 30 or more hours each week also will
be eligible to participate in the insurance plans available under this
policy.
c. The above referenced full-time and part-time employees will be
covered on the first day of the month following employment with the
City.
2. Policy & Coverage
The City shall contribute one hundred percent (100%) of the cost of the premium
for along-term disability insurance policy for all eligible employees. The value of
the premium is taxable to the employee. The employee is responsible for the
applicable FICA, Medicare .State and Federal Taxes on the value of the
premium.