G-429 - 05/23/1989 - PERSONNEL RULES & REGS - Ordinances Pl�Rsa fJ N E L
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ORDINANCE G- 429
AN ORDINANCE AMENDING ARTICLE IX OF
THE PERSONNEL RULES & REGULATIONS OF THE
VILLAGE OF OAK BROOK
REGARDING LIFE INSURANCE
BE IT ORDAINED by the President and Board of Trustees of the Village of
Oak Brook, DuPage and Cook Counties, Illinois, as follows:
Section 1: That Article IX, Section 1(C) of Personnel Rules &
Regulations of the Village of Oak Brook be and is hereby amended to read as
follows:
"The Village provides life insurance for all full-time employees and
assumes 100% of the cost of this benefit. Life insurance and accidental
death and dismemberment insurance shall be provided to each such
full-time employee during the term of their full-time employment in an
amount equal to $50,000.
Section 2: That this Ordinance shall be in full force and effect from
and after passage and approval as provided by law.
PASSED THIS 23rd day of May , 1989.
Ayes: Trustees Bartecki, Bushy, Maher, Payovich, Rush and Winters
Nays: None
Absent: None
Abstain: None
APPROVED THIS 23rd day of May , 1989.
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ATTEST:
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Village Clerk
Approved as to Form:
Village Attorney
Published 5- 24-89 Pamphlet form
Date Paper
Not Published
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VILLAGE OF OAK BROOK
1200 OAK BROOK ROAD
OAK BROOK, ILLINOIS 60521 -2255
May 11, 1989 312 990-3000
MEMO TO: Village President and Board of Trustees
FROM: Stephen Berley, Village Manager
RE: Increasing Life Insurance and Accidental Death and Dismemberment
(AD & D) Limit for Village Employees
As a result of previous employee comments about their insurance coverages,
staff and I have researched this question, and there are three (3) options we can
exercise. The Village's present life insurance and AD & D policy is current salary
rounded to the nearest $500 up to a maximum of $40,000 for all employees except
Police and Fire Sworn personnel, who are limited to a flat $25,000. This policy
costs the Village $15,553 annually.
The three (3) options are listed below:
1. Life and AD & D of current salary rounded to nearest $500 for all Village
employees, including Police and Fire Sworn personnel, to a maximum
of $50,000. Cost to Village $17,604.60 annually.
2. Life and AD & D of current salary rounded to nearest $500 for all employees
with no limit to maximum. Cost to Village: $17,729 annually.
3. Life and AD & D for all employees to a flat $50,000. Cost to Village:
$28,860 annually.
Recommendation:
I have reviewed this matter with President Cerne, who suggests using Option
#3. Option #2 is not recommended due to Internal Revenue Code and Social
Security Act mandating that gross wages for employer provided group-term life
insurance above $50,000 is to be taxed by FICA, Federal income taxes, and IMRF
contributions. Option #1 is not recommended due to the potentially low amount
of coverage that a lower-paid employee may receive.
Option #3 is therefore recommended. It helps Police and Fire in that it eliminates
their present limit of $25,000, as well as provides a uniform amount of insurance
at reasonable costs. Option #3 also does not incur the FICA, Federal tax, and
IMRF penalties that would result from option #2.
Respectfully submitted,
Stephen Berley
Village Manager
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VILLAGE OF OAK BROOK Minutes -2- May 23, 1989
B. ORDINANCE NO. 5-670 AN ORDINANCE GRANTING A VARIATION FROM THE
PROVISIONS OF SECTION VII(D)(3) OF THE ZONING ORDINANCE OF THE VILLAGE
OF OAK BROOK, ORDINANCE G-60, AS AMENDED RELATIVE TO LOT AREA (3016
35TH STREET) :
�. Discussed and direction given at the Regular Meeting of May 9, 1989.
Trustee Winters moved, seconded by Trustee Rush. . .
To pass Ordinance No. 5-670 as presented and waive the full reading
thereof.
ROLL CALL VOTE: Ayes: Trustees Bartecki, Bushy, Maher, Payovich, Rush, Winters
and President Cerne.
Nays: None
Absent: None So ordered.
C. RESOLUTION NO. R-478 A RESOLUTION APPROVING PLAT OF SUBDIVISION KNOWN
AS ANGELOS' FIRST RESUBDIVISION OF HERITAGE OAKS (3016 35th Street) :
Discussed and direction given at the Regular Meeting of May 9, 1989.
Trustee Winters moved, seconded by Trustee Rush. ..
To pass Resolution No. R-478 as presented and waive the full reading
thereof.
ROLL CALL VOTE: Ayes: Trustees Bartecki, Bushy, Maher, Payovich, Rush, Winters
and President Cerne.
Nays: None
Absent: None So ordered.
D. ORDINANCE NO. S-671 AN ORDINANCE REZONING CERTAIN PARCELS FROM R-1,
SINGLE FAMILY DETACHED RESIDENCE DISTRICT, TO R-3, SINGLE FAMILY
DETACHED RESIDENCE DISTRICT (3300, 3304 ROSLYN ROAD) and APPROVAL OF
PRELIMINARY PLAT OF JORGE'S SECOND SUBDIVISION:
Discussed and direction given at the Regular Meeting of April 25, 1989.
Trustee Winters moved, seconded by Trustee Rush. . .
To pass Ordinance No. 5-671 as presented and waive the full reading
thereof and to approve the Preliminary Plat of Jorge's Second
Subdivision subject to certain conditions.
ROLL CALL VOTE: Ayes: Trustees Bartecki, Bushy, (Maher, Payovich, Rush, Winters
and President Cerne.
Nays: None
Absent: None So ordered.
ORDINANCE NO. G-429 AN ORDINANCE AMENDING ARTICLE IX OF THE PERSONNEL
RULES & REGULATIONS OF THE VILLAGE OF OAK BROOK REGARDING LIFE
INSURANCE:
Proposed ordinance provides amendment to Life Insurance and Accidental
Death and Dismemberment (AD & D) Limit for Village Employees.
Trustee Rush moved, seconded by Trustee Bartecki;. . .
To pass Ordinance No. G-429 as presented and waive the full reading
thereof.
ROLL CALL VOTE: Ayes: Trustees Bartecki, Bushy, Maher, Payovich, Rush, Winters
and President Cerne.
Nays: None
Absent: None So ordered.
VILLAGE OF OAK BROOK Minutes May 23, 1989
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VI LLAGE OF OAK BROOK
1200 OAK BROOK ROAD
OAK BROOK, ILLINOIS 60521 -2255
312990-300:
May 25, 1989
Ms. Pam Schilf Re: Village Term Life Insurance
Arthur J. Gallagher and A D & D Coverage
10 Gould Center
Rolling Meadows, IL 60008
Dear Pam:
The Village President and the Board of Trustees at their meeting
of May 23, 1989, approved increasing the life insurance and the
accidential death and dismemberment coverage to $50,000 per
full time employee.
Please instruct Washington National Life Insurance Company to make
the adjustment necessary to accomodate this change. The increased
coverage will be effective June 1, 1989, and the Village's June billing
will reflect the new coverage limits.
Should you have any questions or concerns about this change to our
coverage limits, please contact me at your convenience.
Sincerely,
Stephen Berley
Village Manager
P.S. We understand the cost is 32� per thousand for term insurance and AD&D
is 5(� per thousand.
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cc: Marlene Hellwig
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VI LLAGE OF OAK BROOK
1200 OAK BROOK ROAD
OAK BROOK, ILLINOIS 60521 -2255
31? 990-3000
May 25, 1989
Municipal Code Corporation
1700 Capital Circle S.W.
P. O. Box 2235
Tallahasee, Florida 32304
Attention: Mr. Robert Laslie
Dear Mr. Lasl ie:
The Village Board at their Board Meeting of Tuesday, May 23, 1989 passed
and approved the following ordinance:
4lN*CF- NO. G-429 AN CRDINaNa A EIDM ARTICLE IX CF TFE
PERSCN�EL. RULES & REGULATICNS OF THE VILL4CE CF CAK BRCCK
REGARDI Nv LIFE I NSLR,4N -
The above Ordinance is being forwarded to you for inclusion in the next
supplement of the Code of Ordinances of the Village of Oak Brook. I
would appreciate your acknowledging the receipt of this Ordinance.
Sincerely,
John Brechin
Viflage Attorney
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Enclosure