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File #: 2018-5860   
Type: Resolution Status: Approved
File created: 8/28/2018 In control: City Council
On agenda: 9/13/2018 Final action: 9/13/2018
Title: Consider a resolution authorizing the Mayor to execute an Application and Agreement with Metropolitan Life ("MetLife") for Critical Illness and Accident insurance coverage for City employees.
Attachments: 1. Resolution, 2. Critical Proposal, 3. Bid Tabulation - Critical Illness, 4. Bid Tabulation - Accident, 5. Exhibit A, 6. Accident Plan Summary, 7. Accident Proposal, 8. Critical Illness Plan Summary

Title

Consider a resolution authorizing the Mayor to execute an Application and Agreement with Metropolitan Life ("MetLife") for Critical Illness and Accident insurance coverage for City employees.

 

Body

The Agreement is to allow MetLife to provide Accident and Critical Illness insurance coverage to City employees to be paid for by the employee with no City contributions.  There will be a three year rate guarantee for both Accident and Critical Illness rates. In summary, there is no cost to the City.