1970-698ORDINANCE NO. 22 -70 -698
ORDINA E OF THE CITY OF SOU111 L I, FLORIDA,
ESTABLISHI G j Z1X_ vOF GRO,_P..TERM_ LIFE INSURANCE
FOR EMPLOYEES PROVIDING METHOD FO PAYMENT AND'-
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ADMINISTRATION; PROVIDTNG°FOR INCLUSION IN CODE
OF ORDINANCES ; AND PROVIDING EFFECTIVE DATE .
BE IT ORDAINED BY THE- MAYOR AND CITY COUNCIL OF THE CITY 'OF SOUTH
MIAMI, FLORIDA:
Section 1. That the City shall provide a plan of Group Term
Life Insurance including accidental death and dismemberment coverage
for all employees classified under the personnel system of the City
as follows:
(a) Insurance 'for each employee shall be in the amount of
the employee's annba'l salary as of October 1st of each year rounded
to the next highest $100;00.
(b) The cost of the insurance plan will be borne primarily
by deduction of U of the earnings of each "employee,
(C) The City shall bear the cost of administering the plan
and shall pay all premiums for such insurance over and above the U
contribution of the employees.
(d) All eligible employees shall be required to participate
in the plan.
.(e) That the plan shall be administered under the supervision
of the City Manager.
(f) The plan may be amended or terminated by Ordinance
adopted by the Mayor and City Council.
Section 2. That by reason of the content of this Ordinance
it shall be included in the Code of Ordinances City of South Miami, Florida.
Section 3. That this Ordinance shall take effect October 1, 1970.
PASSED and ADOPTED this 6th clay of October , 1970.
APPROVED
ATTEST MAYOR
City Clerk