Loading...
257845 G1RlG..RXL'FO CITY CLBRK ' CITY OF ST. PAUL couNCa ��'�� � OFFICE OF THE CITY CLERK �+�E NO. COUNC RESOLUTION—GENERAL FORM PRESENTED BY' COMa115510NE ATF WHF.RF.AG� the Minnesota Mutual Life Insurance Companq, by letter dated February 29, 1972, a copy of which is hereto attached and incorporated herein by reference, pertaining to the Citq employee pay dependents group life iusurance, policq Number 2881-G, with said companq, has indicated that the exper- ience nader the aforesaid emploqee pay group life coverage has resulted in a dividend accouat balan.ce in the amount of $38,295.46; and WHERLAS, the Minnesota Mutual Life Insurauce Company in said lette= makes a recommendation concurred ia by the Citq�s Health and Welfare Insurance Committee, that the Citq Gouacil authorize by reaolution that this amount be paid proportionately to those persons und�r �aid group who were premium paying inaureJcis on December 31, 1971 and whv had been coatianously insured for �• � six months prior to Decembe� 31, 1971, said proportion to be '�, approgimatelq 48X of annual premi�un paid bq said eligible em}�loyee; � now, therefore, be it 0 U 0 12ESOLY�:D, tha.t effective as of January 1, 1972, the � afo�esaid 48� of the premium paid by ea.ch such insured described a � aforesaid, c�uring the period f�om Ja.nuarq 1, 1971 to December 31, a e 1971, the total amount of all such refuads to eligible Citq Q Cmployees being in the amount of $38,295.46, tu be paid to those � v employees described in the preceding para�raph of this Resolution, 4 such diatribution to be made bq the Minnesota Mutual Life Insurance � ' Companp as soon as conveniently possible; and be it FINALLY RE50LVED, tha.t the City Clerk be directed to prepare a certif ied cctpy af this resolution and deliaer th�e same to the Mianesota Mutual Life Iusuraace Company as soon as convenieatlq possible. MAR 2 8 1912 COUNCILMEN Adopted by the Counci� 19— • � Yeas Nays Butler y �pR `l,� 1972 _���/� Ap �-0 19— _ _ Levine � �n Favor � Meredith ` � Sprafka � ayor���� �_ A gainst Mr. President, McCarty ���$��D APR 1 1972 �� pur�rcars�NaMt�k � � - , CITY OF ST. PAUL �u"�"� NO ������ OFFICE OF THE CITY CLERK ' . COUNCIL RESOWTION-GENERAL FORM CO�M�N�IS�SIONER DATE �� �iM MZ�O `f.a �Y1i11i1 T.�e ��11i"�C� �"�l'�"7 f by lstt�ss dat� l��bsaasp 29, 19?Z, a eap� o! rhiah !,� h�sa�to aetaeb�d aa�d in�oaporat�d lur��is bp rslsr�, par�ataios �e � t1� �it�► �lo7N P�1 �P�d�ets gra►p li!'� i�tstit�oss ��7 �ha6as Z8e1-A� �rtttr aatd ao�rsy� Las isrdiost�d that th� acp�sr i�aa� usd�s ths ator�ai�d �►l07« F�� f�'� lil� amrasa�� lsaa r�ault�d ia a dindsnd ats�om�t b�laeas ia th� a�omt ot ��,�f�.4b; aad i��itBl13, tLo l�ota I�lnttial Lii'� I�autas� Co� ia �aid l�tt�r rk�u a �s�sadat�aa oouamrr�d �u b� tha City�• H�lt6 aod ii�.tass 3na�sanas Co�3tE�s, �hstt t.tis Cit� Co�tail anthosSs� b� sarolutt,os elut Ehis a�svat be p�fd P�e�►ortiooa��l� to tbsa� par�as �sd�s �a3d �x�sup �Ir w� P� P�7►f� l�s�is ou D�srbar 31, 19�1 a�d �rlro bad � �tiso�wl� iaa�und i•r �i: �oat.bs pssos to D�aa�bne 91, lf�l� sald ps�opo�rti�oa to bs ap�s�aclrtsl� 4aX o! ��w1 psaiaa yal.i 1� ssid al.f�ibl� �ipls7Nf a�s�►� t�r�losa� tii it k��,t/m, tlu: �!lacRii� as o! Janoa�ry 1, 1li7Z, th� s�os�ssid 4iX o! t.lrs ps�ina psid '�� saeh snsh i�mr�d dssasib�i atoswid, drtri� t1N ruci,od lse� Jaatisrjr 1, 1971 1:� D�bar 31, 1971� �S total aiwmt o! a11 auek Y�thmis to �ligibl� Git� rP�Tw ��f in t.�ut a�oaot oi $3l�Z93.46� to bs paZi to ttiosa �plor� dae�ri�d io �hs p�sa�diat pats�sa'b o! tbis Lwlotiros, snoh di�tsiinti�oa te b� rdt b�r tha �(lm�aata 1�atw1 Lita I�suiasas Ce�,�sn� a� sooa aa aonv�ni�l�r possibl�f a�d � it ZINAi.L! �iO�.YSD, t1�ie t� Citp Clark bt dis�t�d to tt�pat� a �stiti�d a�' ot� thi+� r�soit��aa a�d i�linr th� u�t �e th� Mi��eta Mrtaal Lil� 3�nsaaea Co�paap u �oea as eoanr�itnti� pNSibl�. MAR �81�T2 COUNCIL�EN Adopted by the Co»nc�� 19_ Yeas Nays But�er � � MAR 2$ 1972 ;� Approosa �i9— Levine �� Tn Favor Meredith � Sprafka �� AgA�I18t �� Nir. President, McCarty ��� �������� �J �EC '� � ��� �, �� �1 �,� . 4 � � �.�-r . . �v t=EB 2 � )Q�� '' . � . �� ��`� Dept. of Public Utiliiies � . � �,���� �,+� 2 � ��� THE MINNESOTA MUTUAL LIFE INSURANCE COMPANY 345 Ce�lar Street, Saint Paul, tVlinnesota 55101 • Telephone 224-5544 Area 612 Februarq 28, 1972 . -�Ir. Robert F. Sprafka, Chairman Health, Welfare and Insurance Commuittee ' Citp of St. Panl . 216 City Hall � 5t. Paul, Minnesota 55102 GR�UP LIFE POLICY N0. 2881-G Aear Mr. Sprafka: The dividend for the Januarq 1, 1971 to January 1, 1972 policy year is $50,274.00. Our check for this amount is enclosed. The policy year premium is $215,3�3.08; the incurred claims are $149,75Q.00. t1 list �f the policy year claims is enclosed. A conversion charge of $60.00 per $1,OOQ of insurance is charged for � empioqees who convert their insurance to individual policies issued by �iinnesota Mutual. In the policq year six emploqees converted a tatal of $14,000 of insurance and the conversion charge is $840,00. Sincerely, �=�.,,.�.�, �- �-�^��°-�-�-,-� (1 � 3ames E. Johnson Assistant Actuary . __ �.---_ _—�— - -- - - -- - -= - -,-�,.;;� � _ - _ : ` ___. , _ _ __ _ � �7 ��� � ��` \ �` ' ����� � �� �� � ��� �� � i � � : ----- __ ._ �� �e'�` �'�' �E � � � . � ,��� � � I � F' � � 3� � � �c } 3 AUDITEp a . : ._,_:::_.� �_.�. .r_....�:,_._ �...,a..._;.....,..-.,._.,._:�._ ,.s..:n-. .. .�.' _ �._..,.-.�- _._... . __ �.M� " ' '_�--"'_ -' "_.�_..�_..� . . . WARRANT�o SAI\T PALT7i .�I�• . 22 1 =j J 5�24�5 — � �vo. ( :: �i PoL1CY NUM�HR DUI'i DATE TAX COD[ SFRY.CODE PLAN IJNE � �vo If'' ; I 28�1_G I1-1-72 I 22� O �CO I I � k �.. ,�, jACCVMVLATED � CA3N VALU6 OP CURREMT ,'� TO� �'�7� ������ � � _ � -I DIVIDEND3 aY1OFJiDADD/TiON9 DIVIDEND � > '. �5o,z � oo :'' 24� 00 , ' T(� TII�: 022DEIi OF 7l/�` . _ ; � � uuN�� � ��I:ya �Ittl: �„,�, I�f+ ! l L 1� ' �. � Y �1. � � �1 �..�, 1�� �I'' I � , y '.. ������.��t- ,��, ��►�;�. �� ��!, ���1���, � � _,,:; �t � '� ��� �-; • r; � �5 �9 C��"Y Oi=+ ST. PAUL - ' . • L; , ;; , � : ' - , = .�` f � �:� , - i �`� ,��, + _ .,..c. . . _� �:+ ,-r . � 1 -•r'...-. ._ �j .��;� .� • • � 1��..�y/f ..r"� ,....�-- �.1 t ',s� •���'1'Fn: 1�11:�i�r :V�1•ric�rf+.L P�.:vI: _-=._ ----: _ _ ,, .�"°' . � • - RECEtV�D . , ' FEB 2 y 197? CITY OF ST. PAUL f POLICY N0. 2881-G Dept. of Public Utiliiies January 1, 1971 to January 1, 1972 DEATH Name Date of Death Amount Ray V. Nelson 1-26-71 $ 5,000 John D. Thurber 1-22-71 5,000 � Esther G. Blehert 1-19-71 4,OOD Richard A. Conway 2-04-71 4,000 James J. De Feo 1-12-71 . 5,000 . - Francis J, De Ziel 3-05-71 5,000 Henrq A. Smith 4-19-71 5,000 George Elliott 4-21-71 5,000 Raymond C. Clark 6-16-71 5,000 Casper A. Mercado 3-14-71 5,000 Edward M. Michel 3-27-71 1,000 Ruth B. Eastland 6-23-71 5,004 Luella M. Bougie 7-02-71 5,000 John H. Pullum 7-15-71 5,000 John R. Mealey 7-19-71 5,000 Melvion 0, Krause 9-06-71 5,000 John E. Mc��ianus 9-02-71 1,000 Louis Horvath 9-19-71 5,000 Arnold 0. Melby 9-21-71 5,000 Burton G. Panshock 10-29-71 5,000 Ernest E. Dass 10-27-71 5,000 Rita F. Palewi.cz 11- -71 5,000 Thomas C. Cullen 11-04-71 5,000 Jeanette F. Benson 11-18-71 � 5,000 Robert B. Peterson 12-03-71 4,000 Charles R. Ackernecht 12-25-71 5�000 Total $119,000 _ , _ _ , . r AD&D Jeanette F. Benson 11-18-71 $5,000 Total $5,000 DISABILITY Nar�e Amount Stuart W. Hammer $ 3,000 -Fred Loefflar 3,000 Elmer C. Lund 750 Edward L. Losinski 3,750 - Harvey L. Kern 3,000 � Frank T. Huberty 3,750 Donald A. Gatzke 3,750 Rabert B. Peterson -3,000 George E. Woadward 2,500 Antoinette Lee 3,000 William Gould 3,750 Edward M. 2iichel -750 John McManus -750 Total $25,750 Grand Total $149,750 March 28, 19'r2 Minne�ota Mutual I,if�e Insurattee Co. 345 ceciar st. St. Paul, Minnesota Gentlemen: Enclosed is a certifieci copy of Council File No. 25?845, adopted Maarch 28, 1972� pertaining to distribution of' fl�nds in amount o:e $3�,295.� 1n a dividerid account balaQCe wad�r City employee pay dependentB group lif+� insurarice � as more ftiilly set out in the reaolution. Very �ruly yours, City Cl�rk ng �b. 29, �9T2 Hon. Robert F. SpraYka Chairmen, Insurance Com�itt�e Build3ng Desr Sir: . The C�ty Couuci2 rePerr�d to the Ineurance Committee the attached 3.eLter of' the Minn�- eota Mutua7. L3fe Insurance CoaaP�.Yr tre�namit�ting a dividend check in the amo�unt at' ��Qi27�+.00 f'or the City group life po�y F'or the peric�d oP Ja�nvcary i� 1971 to Je�t�uary I.� 197�. Very truly yaurs, q.t�y C1�rk Aa/ng