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HomeMy Public PortalAboutR3315 HR - Group Life and Accidental Death & Dismemberment Renewal ResolutionRESOLUTION NO. 3315 WHEREAS, the adoption of Resolution No. 3315 will extend the contract with CIGNA Life Insurance Company that was previously authorized by Ordinance No. 14293, adopted December 10, 2015, and authorized the Executive Director on behalf of the Metropolitan St. Louis District to enter into a contract with CIGNA Life Insurance Company to administer the Employee Group Life and Accidental Death & Dismemberment Insurance for the District’s employees and family members, and WHEREAS, said contract will expire on January 31, 2017, and WHEREAS, the District desires to exercise it option to renew said contract for an additional one-year term, commencing on February 1, 2017. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT THAT, the Executive Director and Secretary-Treasurer are hereby authorized on behalf of The Metropolitan St. Louis Sewer District to exercise the District’s option to renew for an additional one-year term commencing on February 1, 2017, the contract with CIGNA Life Insurance Company, administer the District’s Employee Group Life and Accidental Death & Dismemberment Insurance, said contract renewal shall be comprised of such terms and conditions as are approved by the office of the General Counsel of the District. The foregoing resolution was adopted on November 10, 2016.