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HomeMy Public PortalAbout14595 Long Term Disability Insurance OrdinanceORDINANCE NO. 14595 AN ORDINANCE, authorizing the Executive Director and Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer District to enter into a contract with Liberty Life Assurance Company of Boston whereby Liberty Life Company of Boston will provide long-term disability insurance for the District employees for the period of February 1, 2017 to January 31, 2018. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The Executive Director and Secretary-Treasurer are hereby authorized on behalf of The Metropolitan St. Louis Sewer District to enter into a contract with Life Assurance Company of Boston whereby Life Assurance Company of Boston will provide long-term disability insurance for the District employees. Section Two. The contract authorized in Section One of this ordinance shall provide that employee eligibility shall be determined by the District; that the contract may be renewed from year-to-year at the option of the District, unless otherwise terminated; and for such other terms and conditions as are approved by the Office of the General Counsel of the District. The foregoing ordinance was adopted on December 8, 2016