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RESOLUTION NO. 82-40 <br />PAGE THREE <br /> <br />(e) Life Insurance <br /> <br /> The city shall provide said officer with term <br />life insurance coverage in an amount equal <br />to twice said officer's annual rate of salary, <br />provided said officer can provide evidence of <br />insurability if so required. Said life insurance <br />coverage shall include an Accidental Death and <br />Dismemberment (AD and D) provision. The city <br />shall pay any reasonable additional premium <br />cost to provide such life insurance coverage <br />at no cost to said officer. <br /> <br /> In the event that said officer is deter- <br />mined to be ineligible for life insurance cover- <br />age in an amount equal to twice the annual rate <br />of salary, the city shall attempt to provide as <br />much additional coverage above existing amounts <br />as may be obtained without said officer having <br />to provide evidence of insurability, but in no <br />case shall the amount of coverage be less than <br />the existing Twenty Thousand Dollars $20,000.00) <br />and AD and D coverage. <br /> <br />(f) Carry Over Benefits. <br /> <br /> In addition to the benefits specified in <br />suDparagraphs (a) through (e) hereinabove, said <br />officer shall receive any and all employee bene- <br />fits accorded unrepresented executive management <br />employees of the city who are miscellaneous mem- <br />bers of the Public Employees' Retirement System. <br /> <br /> 6. Resolution No. 81-42 of this Council, adopted on <br />March 21, 1981, and any and all other resolutions of this <br />Council inconsistent herewith, are hereby repealed. <br /> <br /> ADOPTED this ]Sth day of March , 1982. <br /> <br />ATTEST: ~~ <br /> <br />CUUNCILMEMBERS: <br /> <br />Bricken Aye <br />Luxembourger ~¥e <br />Acosta Absent <br />Serrato Ave <br />Griset <br />Markel <br />McGuigan <br /> <br />GORDON BRICKEN, MAYOR <br /> <br />APPROVED AS TO FORM: <br /> <br /> <br />