HomeMy WebLinkAbout1982-003-01/05/1982-AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT WITH THE EQUITABLE LIFE ASSURANCE COMPANY TO RESOLUTION 82- 3
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE CITY MANAGER TO ENTER INTO
AN AGREEMENT WITH THE EQUITABLE LIFE
ASSURANCE COMPANY TO PROVIDE LONG TERM
DISABILITY BENEFITS TO CITY EMPLOYEES
WHEREAS, in December of 1980, the City hired the A S Hansen Company
as a consultant to prepare a restatement of the General Employees' Retire-
ment Plan, and
WHEREAS pursuant to Resolution 81-120 , the Council adopted the
restatement of the General Employees' Retirement Plan as prepared by the A
S Hansen Company, and
WHEREAS, the adopted restatement of the General Employees' Retirement
Plan contained certain provisions pertaining to long term disability bene-
fits, and
WHEREAS, the City, as part of the Colorado Municipalities Trust, has
been able to obtain insurance for long term disability benefits from the
Equitable Life Assurance Company and, furthermore, said insurance provides
long term disability benefits that are equal to or better than any such
benefits provided pursuant to the adopted restatement of the General
Employees' Retirement Plan
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the City Manager be, and hereby is, authorized to enter into
an agreement with the Equitable Life Assurance Company to provide insurance
for long term disability benefits for eligible City employees
Passed and adopted at a regular meeting of the Council of the City of
Fort Collins held this 5th day of Jan uar , 1982
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