Number
011344
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
A substitute ordinance relative to optional life insurance.
Sections
350-25-4-b-4
Analysis
Pursuant to recently-completed labor negotiations, this ordinance adds the members of Public Employes' Union #61 to the list of those employes eligible to receive increased supplemental life insurance benefits.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 350-25-4-b-4 of the code is amended to read:
350-25. Group Life Insurance.
4. AMOUNT OF INSURANCE.
b. Optional Coverage.
b-4. No later than 30 days prior to the date established by the city, an employe represented by Milwaukee District Council #48, AFSCME, AFL-CIO; the Association of Municipal Attorneys; the Association of Scientific Personnel; Local #195, IBEW, AFL-CIO; the Staff Nurses Council >>; Public Employes' Union #61, LIUNA, AFL-CIO, CLC<< or the Joint Bargaining Unit of Local 139, IUOE, AFL-CIO and Milwaukee District Council 48, AFSCME, AFL-CIO in active service or who after that date retires on disability and under the age of 65 eligible for and taking base coverage shall be eligible to apply for supplemental coverage, at his or her option, in increments of $1,000 to a maximum of either 1.5 times his or her annual basic salary rounded to the next higher thousand dollars of earnings or $100,000, whichever is greater. This supplemental coverage shall be effective the first day of the next month following the next open enrollment period as determined by the city for supplemental life insurance coverage following the execution dates of the labor agreements with the bargaining units covered by this paragraph. Application for supplemental coverage shall be permitted annually during periods of open enrollment as designated by the city.
LRB
APPROVED AS TO FORM
_________________________
Legislative Reference Bureau
Date:__________________...
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