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HomeMy Public PortalAbout1980_07_23_R088TOWN OF LEESBURG IN LOUDOUN COUNTY, VIRGINIA RESOLUTION NO. 80-88 PRESENTED July 23, 1980 ADOPTED July 23, 1980 A RESOLUTION: AUTHORIZING AGREEMENTS FOR EMPLOYEE GROUP INSURANCE. RESOLVED by the Council of the Town of Leesburg, Virginia, as follows: The Manager is authorized and directed to enter into insurance agreements with the Commonwealth Life Insurance Company through W. A. Watson & Sons Insurance Agency, 106 North Main Street, Farmville, Virginia 23901, for employee group insurance as follows: $10,000 Life, accidental death and dismemberment policy for all full-time employees at a monthly premium of $0.45 per $1,000 coverage, with the town paying all costs for the insurance. Accident and illness insurance for all full-time employees providing a two year 60 percent indemnity with a 30 day benefit elimination period at a premium of $1.30 per $100 payroll, with the town paying all the costs for the insurance. Basic and major medical health insurance for all full- time employees as described in a June 24, 1978 proposal from W. A. Watson, III, of Commonwealth Life Insurance Company with the town paying the cost for the employees' coverage at revised premium rates, effective July 1, 1980 as follows: Individual employee $38.94 per mo. Employee and spouse only 84.01 " " Employee and family 89.93 " " Employee and dependent children 58.21 " " (b) PASSED this 23rd day of ATTEST: ~ z~, × / ClErk of C/gtuncil July , 1980. Kenneth B. Rollins, Mayor Town of Leesburg