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<br />218 <br /> <br />RESOLUTION NO. 91-066 <br />Page 10 of 17 <br /> <br />D. For the 1991 Plan Year (October 1, 1991 to <br />September 30, 1992), the city I s self-funded indemnity plan will <br />provide a lifetime maximum of one million dollars ($1,000,000) <br />per eligible participant, increased from the previous lifetime <br />maximum of $250,000 per eligible participant. Such an increase <br />is possible through the city's purchase of individual stop Loss <br />Insurance which protects the City against loss beyond a certain <br />set attachment point. Should the City lose, and be unable to <br />replace, at reasonable cost, its stop Loss Insurance, the city <br />reserves the right to revert the lifetime maximum to the <br />original level of $250,000 per eligible participant. <br /> <br />E. Any contribution necessary to maintain <br />benefits under any health insurance program provided by the <br />city for its employees and their eligible dependents in excess <br />of the amounts of the City contribution specified above shall <br />be borne entirely by the employee. <br /> <br />6.4 Dental Insurance. The City agrees to contribute <br />up to a maximum of thirty dollars ($30) per month per employee <br />toward the payment of premiums for dental insurance plans <br />provided by the city for affected employees and their eligible <br />dependents. <br /> <br />Any contribution necessary to maintain benefits under <br />said dental plans in excess of the amount set forth above shall <br />be borne entirely by the employee. <br /> <br />6.5 Disability Insurance. The City shall continue <br />to pay 100% of the premium cost for a long-term disability <br />insurance plan for affected employees as said plan was amended <br />effective November 1, 1985, to provide unrepresented management <br />personnel a monthly benefit of sixty-six and two-thirds percent <br />(662/3) of base monthly salary (insured payroll), less offsets <br />contained in the existing plan, to a maximum monthly benefit of <br />$5,000. <br /> <br />6.6 Life Insurance. The City shall continue to pay <br />100% of the premium cost for term life insurance coverage under <br />the policy it maintains on behalf of its officers and employees <br />in order to provide each person designated as Unrepresented <br />Executive Management (EM) with life insurance coverage in an <br />amount equal to three times such employee I s annual rate of <br />salary to a maximum of $300,000, and each person designated as <br />Unrepresented Middle-Management (MM) with life insurance <br />coverage in an amount equal to twice such employee's annual <br />rate of salary to a maximum of $300,000, provided said affected <br />employees can provide evidence of insurability for coverage <br />above $150,000 if so required by the terms and conditions of <br />said term life insurance policy. <br /> <br />I; <br />