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HomeMy Public PortalAbout1981_07_22_R094TOWN OF LEESBURG IN LOUDOUN COUNTY, VIRGINIA RESOLUTION NO. 81-94 PRESENTED AMENDED ADOPTED July 22~ 1981 July 22, 1981 July 22~ 1981 A RESOLUTION: AUTHORIZING AGREEMENTS FOR EMPLOYEE GROUP INSURANCE RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. 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 em- ployee group insurance as follows: (a) $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. Disability income insurance for accident and illness of all full- time employees providing a two year 60 percent indemnity' of the em- ployee's average monthly salary, 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. (c) 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 costs for the employees' coverage at revised premium rates, effective July 1, 1981 as follows: Individual employee $ 46.70 per month Employee and spouse only 96.66 " " Employee and family 104.28 " " Employee and dependent children 69.56 " " SECTION II. Supplemental appropriations are made from the General Fund as follows for the fiscal year ending June 30, 1982: Account No. and Name Appropriation 1102.200 Fringe Benefits 1201.200 Fringe Benefits 1214.200 Fringe Benefits 3101.200 Fringe Benefits 3401.200 Fringe Benefits 4101.200 Fringe Benefits 4102.200 Fringe Benefits 4500.200 Fringe Benefits $ 40.00 120.00 80.00 600.00 100.00 40.00 520.00 60.00 -2- SECTION III. Supplemental appropriations are made from the Utility Fund as follows for the fiscal year ending June 30, 1982. Account No. and Name 5000.200 Fringe Benefits 5100.200 Fringe Benefits 5200.200 Fringe Benefits 5300.200 Fringe Benefits day of July PASSED this 22nd Appropriation $ 160.00 320.00 120.00 450.00 , 1981. ATTEST: Clerk of Cou~il