HomeMy WebLinkAboutC-1858 - Group health & life insurance benefits for City employeesBY.... %.', .. .
RESOLUTION NO. 8897
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH CONFIRMING THE DECISION TO
CONTINUE TO CONTRACT WITH THE PRUDENTIAL
INSURANCE COMPANY OF AMERICA TO PROVIDE GROUP
HEALTH AND LIFE INSURANCE BENEFITS FOR CITY
EMPLOYEES, AND RESCINDING RESOLUTION NO. 8876
WHEREAS, on July 14, 1975, the Newport Beach City
Council adopted Resolution No. 8552 awarding a contract to
the Prudential Insurance Company of America providing group
health and life insurance benefits for City employees; and
WHEREAS, on August 9, 1976, the City Council rescinded
Resolution No. 8552, and in its place adopted Resolution No.
8876, awarding a contract to Pilot Life Insurance Company
providing group health and life insurance benefits for City
employees and further authorizing the Mayor and City Clerk to
execute the contract on behalf of the City; and
WHEREAS, said contract with Pilot Life Insurance
Company was never executed and on September 13, 1976, the City
Council voted to continue under the Prudential Insurance benefit
plan.
NOW, THEREFORE, BE IT RESOLVED that the City Council
of the City of Newport Beach hereby finds and determines that
it would be in the best interest of the City of Newport Beach
to continue to contract with the Prudential Insurance Company of
America to provide group health and life insurance benefits
for City employees.
BE IT FURTHER RESOLVED that Resolution No. 8876 is
hereby rescinded.
ADOPTED this 27th day of September , 1976.
Mayor
ATTEST:
City Clerk DDO /bc
9/15/76
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RESOLUTION NO. 8876
-A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AWARDING A CONTRACT TO PILOT
LIFE INSURANCE COMPANY PROVIDING GROUP HEALTH
AND LIFE INSURANCE BENEFITS FOR CITY EMPLOYEES,
AND RESCINDING RESOLUTION NO. 8552
WHEREAS, the City's insurance cor.s:ultant, Ruland
and Mattingley, have reviewed various proposals to provide
group life and health insurance benefits for City employees;
and
WHEREAS, Ruland and Mattingley have recommended that
the City self -fund the Medical /Dental Plan and purchase Pilot
Life's Stop -Loss insurance, as well as the Group Life, and
AD &D; and
WHEREAS, the City Council has considered the recommen-
dations of the insurance consultant and is of the opinion that
the proposal offered by the Pilot Life Insurance Company provides
the most economical cost to the City to continue to provide the
present plan of benefits for municipal employees;
NOW, THEREFORE, BE IT RESOLVED that the City Council
of the City of Newport Beach hereby finds that it would be in
the best interest of the City of Newport Beach to award the
contract providing group health and life insurance benefits to
the Pilot Life Insurance Company under the terms and conditions
as recommended by Ruland and Mattingley;
BE IT FURTHER RESOLVED that the Mayor and City Clerk
are authorized to execute said contract on behalf of the City
of Newport•Beach;
BE IT FURTHER RESOLVED that Resolution No. 8552 is
hereby rescinded.
ATTEST:
City
ADOPTED this 9th day of August , 1976.
Mayor
DDO /bc
8/10/76