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HomeMy WebLinkAbout86 of 1977 - A resolution authorizing imposing new fee schedule for employees health insurance & increasing non-e Resolution No. 86 By Jennings Phillips,Jr. COMMISSIONER Authorizing imposing new fee schedule for employees health in- surance & increasing non-elected employee life insurance coverage to $5,000.00. PresoledhlhefOlri.fCommission AND PASS® AU G 3 0 1977 CITY RECORD 11111166, i i ROLL CALL 7 VOTING Aye Nay Salt Lake City,Utah, August 30 ,19 77 Mr.Chairman - 1 move that the olution be adopte Agraz Greener Hogensen Phillips RESOLUTION Result WHEREAS, medical claims and expenses of the Salt Lake City Corporation Employee Benefit Plan are paid both from contributions from city employees and funds provided by Salt Lake City Corporation; and WHEREAS, current financial reports on said plan project a deficit in said benefit plan; and WHEREAS, it is therefore necessary to increase the contributions of city employees in order to meet projected claims and expenses; and WHEREAS, it is desirable to increase life insurance benefits for city employees. NOW, THEREFORE, BE IT RESOLVED by the Board of Salt Lake City Commis- sioners that commencing September 1, 1977: (1) The monthly premium contributions of employees covered under the applicable rules of eligibility of the Salt Lake City Corporation Employee Benefit Plan shall be as follows: $ 7.45 Single Employee 10.26 Employee plus one dependent 24.56 Employee plus two or more dependents (2) The employee contribution rates specified hereunder shall be reviewed on or about March 1, 1978. If they are determined to be in any respect unreasonable or excessive, subsequent contribution rates shall be reduced to the extent necessary to offset the excess contribution. (3) Employee life insurance benefits shall be increased hereby as follows: Elected officials and judges no change Department heads from $4,000.00 to $5,000.00 Other covered employees from $3,000.00 to $5,000.00 Passed by the Board of Commissioners of Salt Lake City, Utah, this 30th day of August, 1977. / MAYOR /A 17 • \ / C MSI ER COMMISSIONER ` j)'r , � ._CCThA b nn rl.w...e.