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HomeMy Public PortalAbout00909AMENDED BY ORDINANCE NO. 2465 - 8/10/73 REPEALED BY ORDINANCE NO. 2619 - 7/31/74 O R D I N A N C E NO. 909 AN ORDINANCE establishing a participating group insurance plan for officers and employees, appropriating the sum of Twenty-Five Thousand Dollars ($25,000.00) therefor from the unappropriated surplus of the General Fund, and providing for payroll deductions for the administration of such plan, and for the solicitation of proposals for underwriting such plan. BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. It is hereby declared to be the policy and purpose of the District to extend at the earliest date to all officers and employees who may be eligible, as hereinafter defined, the benefits of participating group insurance as compensation for services in addition to the salaries, compensation and benefits otherwise provided by ordinance. The net premium cost to the District shall not exceed sixty per cent (60%) of the aggregate of the individual premiums for the insurance of participating officers and employees. Section Two. Eligible officers and employees shall be all officers and employees who are subject to ordinances prescribing salaries, vacations, sick leave, or other compensation or benefits, except the following: 1. Those serving on temporary or emergency appointments. 2. Those paid on daily, hourly, or per-performance rates. 2 3.Those having served less than three months since date of original appointment. Section Three. Except for such reduction in benefits at age 65 as may be customary and necessary, the minimum benefits hereunder shall be as follows: (SEE NEXT PAGE) 3 OFFICER OR LIFE ACC. DEATH & HOSPITALIZATION SURGICAL IN-HOSPITAL DIAG. X-RAY MAJOR EMPLOYEE CLASS INSURANCE DISMEMBERMENT ROOM & BOARD EXTRAS SCHEDULE MEDICAL & LAB MEDICAL ANNUAL EARNINGS: 1)Less than $5,000 $ 2,000 $ 2,000 $15.00 $300.00 $300.00 $ 4.00 $ 50.00 $5,000 2)$5,000, Less than $7,500 4,000 4,000 15.00 300.00 300.00 4.00 50.00 5,000 3)$7,500 Less than $10,000 6,000 6,000 15.00 300.00 300.00 4.00 50.00 5,000 4)$10,000 and over 10,000 10,000 15.00 300.00 300.00 4.00 50.00 5,000 DEPENDENTS (1) - - 15.00 300.00 300.00 4.00 50.00 5,000 (1)Dependents to be defined as spouse and all unmarried children between the ages of 14 days and 19 years but covering children from birth under the Major Medical Coverage for disabling congenital conditions. 4 Ord. No. 909 Group coverage hereunder shall be convertible into an individual insurance policy on termination of employment on such terms as are provided in the group insurance contract. Section Four. The sum of Twenty-Five Thousand Dollars ($25,000.00) is hereby appropriated out of the unappropriated surplus of the General Fund to be used for such group insurance premiums as may be payable by the District hereunder during the current fiscal year. Said sum shall be set apart for such use in an account styled "Group Insurance Account" in the General Fund. Section Five. There shall be deducted from the earnings of each participating officer and employee forty per cent (40%) of the premium for his group insurance coverage. Such deduction shall ordinarily be made from earnings for the first full pay period within the calendar month. The aggregate of such deductions from each payroll shall be transferred to the above- provided "Group Insurance Account". All group insurance premium payments from the District treasury shall be made from such account. Section Six. The amount of the District's group insurance participation with respect to any officer or employee shall not be considered as taxable income to him and it shall not be deemed to be a part of his compensation for tax reporting purposes, notwithstanding that for the purposes of this ordinance such participation shall be considered partial compensation for 5 services rendered to the District. Section Seven. Except for the accounting procedures hereinabove provided, the administration of the group insurance plan shall be vested in the Personnel Department. The Personnel Director, with the approval of the Executive Director, is authorized to prescribe rules and regulations not inconsistent herewith for efficient administration of the plan. Section Eight. The Executive Director shall submit to the Board of Trustees not less than three proposals for providing group insurance coverage meeting the standards herein specified. He shall solicit duly authorized insurors having local facilities for processing claims, prescribing such uniform specifications as he may consider appropriate. The foregoing Ordinance was adopted January 11, 1963.