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<br />---. t; <br /> <br />~/:UV <br /> <br />Minutes, of Regular Council [.fteetlnq <br />'1,1 I '''<::le of Ai'den Hilla <br />Ilcnd<'JY, June !2, 1972 <br />V!! tape Hall <br /> <br />Call to OrGar <br />The meeting was called to order at 8:00 p.m. by ~8yor Crepeau. <br /> <br />B!21L C alJ.. <br /> <br />Present: <br /> <br />Absent: <br /> <br />. <br /> <br />Mayor Crepe~u, Counc11men Ol~en, Henderson and Herrick <br /> <br />. <br /> <br />AEso Present: <br /> <br />Councilmen Hollenhorst <br /> <br />Clerk Administrator LDrralne Stromquist, Treasurer <br />Richard O'Kelly, Engineers Donald Lund end Donafd <br />ell I" I stot fe rsen. <br /> <br />~prov-2L2.L1:1fn~ <br /> <br />The minutes of t.he Spedlll Council me'etinp of fIlay I, 1972, and the <br />Regular Councl!rneetl'ng of ~ley 22, !972, were approved 85 submitted. <br /> <br />Emp~oyee Insurance 8eneflts <br /> <br />Mr. John Simon, Chairman of e Finance Committee 5'Jbcomrnlttee On Insurance, <br />reviewed existing health ~nd life Insurance benefits furnished by the <br />Village for Its employees. He reviewed a proposal submitted by Guardlen <br />Life Insurance Company for proup Insurance and presented the f6110wlng <br />report from the Finance Committee subcommittee: <br /> <br />After a thorough investlnatlon and lenghthy deliberation, we recommend <br />the adoption 0'; the proposed Guardian Uta Insurance COfl'prmv Gr{)up Plan. <br /> <br />~~/lowlnp Is a list of advantages and dlsadvantapss of the Guardian Plan <br />v~rsus the existing coverage. <br /> <br />Advantages: <br /> <br />I. Life Insurance - The life Insurance has been doubled from $5,000 <br />to $10.000 foi the police, and from $2,500 to $5,000 for all <br />other employees. <br /> <br /> 2. <br /> 3. <br /> 4, <br /> 5. <br /> 6. <br /> 7. <br />. 8. <br /> <br />Unchanged: <br /> <br />D I sillli ~ i tv - The 1)["1>. se 11-;- p I an pays 550.00 per week for Dna year. <br />Th'S'-f'ecom!';;ende d p I an pays 60% or S6; a ry To$BOO. 00 ror two years. <br /> <br />Ij.osrltqi CO'loras~ - The present plon P\'lysseml-prlvete less $3.00. <br />The recoMMended pi anpeys $50.00 - flat. CsJlght Increase) <br /> <br />Sur~erv Benefit ~ ,ncrease from $900 t~ $1,000. <br /> <br />X-Ray end l8~. - Dnubied from S50 to StOO, <br /> <br />,?upplel1'enhl ~cc!.si!'!!..!. - Doubled f,.om $150 to $300. <br /> <br />Major Medlcai- Inc,-eased from tIO,OOOto $25,000 - 100 percent <br />coverage; no 80-20 coInsurance clause. <br /> <br />Any employee Cf!n increase hIs lil'e insurance covera!'jB at group <br />ra~aS at Inception of the pfon or on subseQ~ent anr.iversa~y <br />dates of the pollcYe <br /> <br />Oisadvanta!:,es: <br /> <br />Doctor eal Is - In-HospItal - $5.00 per day. <br /> <br />I. No 1'atemity Pene'ilt - can be added as an option. Cost is $1.18 <br />par hurdred - maxlmuw Is $900.00. <br /> <br />2. No part time e~p!oyeAs covered. <br />