NUMB:
970490
VERS:
SUBSTITUTE 1
REF
951673
XXBY:
THE CHAIR
TITL:
Substitute resolution approving amendments to an existing contract with Standard Insurance Company to provide long term disability insurance to certain City employees participating in the long-term disability benefit program.
ANLS:
-Analysis-
This substitute resolution authorizes the City to enter into an amendment to an existing contracts with Standard Insurance Company to provide long term disability benefits to certain participating City employees. Four amendments are authorized by this resolution: (1) An amendment providing that for employees who are members of District Council #48 and who are seasonallly laid off to the streets from Thanksgiving to March, time credited toward the policy limitation on pre-existing conditions will be added until they have been insured for a total of 12 months, rather than 12 consecutive months; (2) An amendment providing that employees who are members of both District Council 48 or Local #61, or employees who are members of District Council #48 and a non-District Council #48 union, are to be covered by the policy throughout the year; (3) a "Survivor Benefit" to be added to the policy at no cost to the City; and (4) affiliated non-city employees and their respective employers in HACM, RACM or MEDC to purchase long-term disability insurance from Standard Insurance at no cost to the City, and authorizing the City to enter into a cooperation agreement with HACM, RACM, and MEDC to facilitate their purchase of such insurance.
BODY:
Whereas, The Department of Employe Relations, Employe Benefits Division, has recommended four amendments to the existing policy of insurance between the City of Milwaukee and Standard Insurance Company, Group Policy No. 626556-A (the "Group Policy"), under which long-term disability benefits are provided to eligible City employes, with such amendments to be effective as of January 1, 1997; and
Whereas, The Department of Emplo...
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