Term Life and Accidental DeathM0i�oE
Section Name:
Section Number:
Policy Number:
Page:
Subject:
Employee Relations Effective Date: May 17, 2010
400 Date of Revision: January 1, 2021
019
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Term Life and Accidental Death and Dismemberment Benefits
1. Purpose: The purpose of this policy is to designate the term life and accidental
death and dismemberment benefits that will be made available for all regular full-
time non -union employees, Appointed Officials and the Clerk/Treasurer of the
City of Monroe.
2. Statement of Policy:
2.1 Effective January 1, 2021, the City shall provide each regular, full-time
non -union employee, all Appointed Officials and the Clerk/Treasurer
term life insurance and accidental death and dismemberment benefits in
an equal amount of 2 x the employee's base annual salary up to a
maximum of $300,000.
At age 70 the term life insurance and accidental death and
dismemberment benefits as described above shall reduce to 50% of the
original amount. Coverage will commence on the employee's 91 st
calendar day of continuous employment.
2.2 An employee's group term life and accidental death and dismemberment
benefits plan shall terminate on the date the employee terminates or
retires.
2.3 Coverage under the policy is subject to the terms, conditions, exclusions,
limitations, deductibles, and other provisions of such plan.
2.4 The Employer, at it sole discretion, may modify or eliminate term life and
accidental death and dismemberment benefits for the non -union
employee, Appointed Official, or Clerk/Treasurer.
3. Definitions: None.
4. Application: This policy shall apply to all regular full-time non -union employees,
Appointed Officials and Clerk/Treasurer of the City of Monroe, unless modified
by an employment agreement and/or the written terms of appointment.
5. Responsibility: The Human Resources Director shall be responsible for
implementing and overseeing the administration of this policy.
6. Administrative Procedure: None
7. Legislative HistoU of Authorfty for Creation or Revision:
Adopted pursuant to action of the Monroe City Council, dated May 17,
2010.
Revised pursuant to action of the Monroe City Council, dated December
7, 2020 and made effective January 1, 2021.
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