11/14/2017 Resolutions 2017-329RESOLUTION 2017-329
Whereas, the City provides long term disability insurance to employees as
prescribed in labor agreements and as authorized by the City of Grand Island Personnel
Rules; and
WHEREAS, the City of Grand Island has maintained a contract with
Cigna Group Insurance since December 1, 2010 and has been offered a two-year renewal
contract with a$0.255 per $100 covered payroll price increase; and
WHEREAS, the cost for Long Term Disability Insurance benefits will be
$0.255 per $100 of wages; and
WHEREAS, the proposed rate is guaranteed for a two year contract
period; and
WHEREAS, the contract will commence on December 1, 2017 and will
renew annually through November 30, 2019.
NOW, THEREFORE BE IT RESOLVED BY THE MAYOR AND
COLTNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Long term
Disability Insurance contract with Cigna Group Insurance is hereby approved.
Adopted by the City Council of the City of Grand Island, Nebraska, November 14, 2017.
Attest:
RaNae Edwards, City Clerk
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November 13, 2017 i rney