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HomeMy Public PortalAbout2011_06_28_R082 Long Term Care InsuranceThe Town of Leesburg, Virginia PRESENTED: June 28, 2011 RESOLUTION NO. 2011 -082 ADOPTED: June 28, 2011 A RESOLUTION: APPROVING PARTICIPATION IN THE COMMONWEALTH OF VIRGINIA VOLUNTARY GROUP LONG TERM CARE INSURANCE PROGRAM AND AUTHORIZING THE TOWN MANAGER TO ENTER INTO AN AGREEMENT WITH THE VIRGINIA RETIREMENT SYSTEM WHEREAS, the Commonwealth of Virginia has established, and the Virginia Retirement System "VRS has assumed responsibility for, the Commonwealth of Virginia Voluntary Group Long Term Care Insurance Program (the "Plan") in which employees of local governments, local officers and teachers, as defined in Section 51.1 -513.3 of the Code of Virginia (1950), as amended (the "Code may participate; and WHEREAS, pursuant to the same section of the Code, the Town of Leesburg "Employer desires to enter into an Agreement with the VRS to permit participation in the Plan by its employees; and WHEREAS, the Town Council authorizes the Town Manager to enter into this Agreement and is authorized on behalf of the Employers Governing Body; and WHEREAS, in consideration of the benefits arising from cooperation between the Employer and the VRS to provide long term care insurance coverage to the employees of the Employer, the parties would agree as follows: 1. VRS represents and warrants to the Employer that it will comply with all applicable laws affecting the Plan. 2. VRS represents to the Employer that it shall provide sufficient services to administer the Plan and to appropriately respond to inquiries by employees and participants. 3. The Employer acknowledges and agrees to the terms and conditions established in the Plan. 4. The Employer agrees to provide the VRS selected long term care insurance carrier AT ES Clerk of Cou 2 A RESOLUTION: COMMONWEALTH OF VIRGINIA VOLUNTARY GROUP LONG TERM CARE INSURANCE PROGRAM: EMPLOYER ADOPTION AGREEMENT with a mail file of all active employees, in the format provided by the insurance carrier. 5. When requested by VRS or the insurance carrier, the Employer shall permit the VRS selected long term care insurance carrier to conduct group and individual meetings for the purpose of explaining the Plan or enrolling employees on the Employer's premises during normal working hours subject to reasonable restrictions that the Employer communicates in writing to VRS and which are accepted by VRS. 6. The Employer elects to offer their employees payroll deduction. The employer shall be responsible for remitting premiums under the Plan to the VRS selected long term care insurance carrier in accordance with the established processes and procedures promulgated by VRS or the insurance carrier. 7. This Agreement may be amended from time to time by written agreement between VRS and the Employer. 8. The term of the Agreement shall be for three years beginning on the date of its execution, and thereafter may be terminated by either party upon 60 days written notice to the other party. THEREFORE, RESOLVED, by the Council of the Town of Leesburg in Virginia that the Town Manager is hereby authorized to enter into an Agreement with the Virginia Retirement System to permit participation in the Commonwealth of Virginia Voluntary Group Long Term Care Insurance Program by Town employees. PASSED this 28 day of June, 2011. P:\Resolutions\Resolutions 2011 \0628 Virginia Voluntary Group Long Term Care Insurance.doc Kristen Umstattd, Mayor Town of Leesburg