266613 WHITE - GTV CL.ERK ;�A���� �
PINK - FINANCE L�� -`
CANARY - DEPARTMENTJ�Devl� GITY OF SAINT PALTL COUT1C11 ���
BLUE '� YOR File NO.
�2 Y,� `� ` cil Resolution
.
resented By
Referred To Committee: Date
Out of Committee By Date
RESOLVID, upon recommeradation of the Health and Welfaxe Insurance Advisory Consn3.ttee,
that the present life insurance contracts �1520-G ana �365379-G between the Minnesota Mutual
Life Insuranc� Company and the City of Saint Pata1 and Independent School District �625 be con-
tinued, in thei.r present entire forms, for the calendar year of 1976,and be it
F[JRTHER RESOLVF�D, that the premium for said contracts for the year of 1976 remain the
same as the premi.ums of the present contracts for the year of 1975, said premiwns to be �s
follows:
Optional �nployee Pay Coverage - Rate per $1,000
1) F�nployee under age �+0 $ .30 Per Month
E�ployee a.ge 40 - 49 $ .60 Per Month
Employee a,ge 50 - 54 $ 1.10 Per Month
ESnployee age 55 - 59 $ 1.60 Per Month
Elmployee age 60 - 64 $ 2.40 Per l�onth
And be it
FURTHER RESOLVID, that in order to stabilize experienee and provide for a more con-
sistent pattern •F probable dividend returns, the Minnesota Mutual will continue to allocate
a part of the �oss dividend available, not exeeeding 10;(, of premium received in any one year,
to a stabilization reserve on such optional insurance issued in excess of $15,000 until such
reserve reaches a level equal to 50°�, of the current annual premium. Minnesota Mutual cred.its
interest to stabilization reserves, at a rate of '7°� annually for the year 1976, and be it
FINALLY RESOLVID, that the City Clerk be instructed to send a copy of this resolu-
tion to the Minnesota Mutual Life Insurance Compa�y.
COUNCILMEIV Requested by Department of:
Yeas Nays
Christensen
� Hunt In Favor
Levine
Rcedler Against BY
Sylvester
�edeeeo.
President]�( H022t� �A� ' 3 �9�
Form A r ved City tor y
Adopted by Co ' . Date /
Certifi assed b ouncil Secretary, BY �
Y 1
Approv Mayor: te S Appro Mayor for bmissio t n
BY Y
pt►�tsNEO� � AN � 41976
f i���` LJ� ..L,�y V.Z .��:.�_'a 3�i..'� 3 �..��. iJ�a � ������
Er . ---- �` -_'\ C3�:��'ZC t� �L:l�� 1'H�: �'i�.'Y C;�:�l;f�LI.,
� ' _ � ` ',�
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� �` '� � D o� e ' January 7, 1975
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�i � l':i� �r� � � � � � � i.. � '� � �i
�; � : �Cllil; pQ#�3 � �li� �QL3il �t � _
. _
� � � �7'� = �J�t�3�l�i 1 v�y fl�`1 FINANCE _
Robert sylvester , chc�irrr�cn, makes thQ fctiaYring
re �ar� on C. F. � Ordina;�ce
� Rssol��ion
� �fi�2t'
3 � 1 L�. : Renewal of Health and We�.fare contracts
Please be advised that the Finat�ce, Management and _
-- Personnel Committee �approved unanimous�.y the
attache�d'resolutions renewing healtli and welfare
_ contracts with Group Health, Ramsey Health P�.an, �
. Minnesota Mutual Life Insurance Company, and the �
� St. Paul Fire and Marine for the year 1976.
Award contract for hospital-medical coverage to Blue -
Cross-Blue Shield of Minnesota for Che year 1976. � _ -
These should be removed from the calendar for. the -
� Finance Committee.
C:.._ : =,:.� S�Y'�'�T�-�_ �'J.UU2 S;�I'ti i i'r;ti� , ``I�'��:SJTA 55's�?
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' °"QM 41: 12-19?S
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��z�azv;��rz�r� c�F .�NUr�s����r�v� o����, 0`� - ,
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, • R ESUI.�UTx4�1S A.P1T) QRT�T.�1',Al'�TC�S �;�l�R[JV�+�,�,
Date: �►ecaaber 17, 1975
TO: THOMAS T, ��LI.EY, CITY ADM�NI�a�RA.TUR
FR� Joh� C. D�rLLL�n, Per�nBel �tYYce
. R�: 8eaa�ral. 0f Health a�t Naltare e�nt.ra►ats xith C�ro�p Health, �as�r Ieal.th `' �
Pl�, li�ineaota� li��al bife Ias�rance ��pa�, a�sl. 3siat Faq�l. 'lrire aael
narise f�r t�e �sr lq'T6. �
Aaard� c0atract i'br kospital.-=�d3cal c�e=age �o Bl�e G"r�ss-�e Shield.
�_ �iane�ta (xh�, �►ere lo�► biddear} for tke Tesr 19�6.
AGTIU]�`d REQUESTED:
, Ap�roral. ?� the liey�r asid CitT Co�cil.
_ �
PUR�'Q�� A�TA RATIQNA.T.rE FOR TH�a ACTIUN:
� � � . � .
k �cil File 80. 23]269 P�E+�rS�es Yos s c�eheasive Heal� �ui �'�� '
� Ia�aac� Pragraa� for city espl�re�s a�nd eaplt�ees gf 7s��p�i� ffi�l
�?�atrict �625. ` �tracts are rene�ed a�nall�r.
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.A:TTACI�MENTS: � c��
Fr�p�sa�l re�olutisns to sec�plish ai��re. ��, �
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A�'PRQVAL: , ! �
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