HomeMy WebLinkAboutCC-01-04-93-01 Disability InsRESOLUTION CC-1-4-93-1
WHEREAS, the City of Carmel, Indiana will no longer, per Ordinance
D-873 pay individual employees disability insurance premiums or
life insurance premiums with deferred compensation; and,
WHEREAS, City of Carmel employees need additional time to be
informed of the changes that will occur in said insurance plans;
and,
WHEREAS, time is necessary to set up a Section 125 Plan that will
occur in said plans for City of Carmel employee's disability
insurance,
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City
of Carmel would require the Clerk-Treasurer through March 1, 1993
to:
A) Recognize the individual employee policies as valid contracts.
B) Pay premiums for the covered individuals under said contracts in
accordance with State statutes.
Adopted this 4th day of January, 1993, by the Common Council of the
City of Carmel, Indiana.
Common Council of the City of Carmel
~~~ohns Presid'ing Offic
/~Sa~ W. Jo~eS, TreaS~Eer
PRESENTED by me to the Mayor of the City of Carmel, Indiana, on the
5th day of January, 1993.
T. E '~ Mayor City of Carmel
on, ,
ATTES ·
Jones C1'
· · , reasurer