A civil employees' group life insurance plan, supplemental
to the Civil Employees Pension Fund as established by Ordinance No.
795, is hereby established and shall be known as the "Civil
Employees Group Life Insurance Plan." Such plan shall be under the
direction of Borough Council and applied under such regulations as
it may prescribe or designate by resolution from time to time.
The Civil Employees Group Life Insurance Plan shall be maintained
by annual contributions made by the Borough.
[Amended 6-23-1994 by Ord. No. 1237]
The insurer, Continental Assurance Company, is changed to North
American Benefits Company or any other established institution as
may be designated from time to time by Borough Council.
[Amended 12-13-1966 by Ord. No. 938]
A. Civil employees who are members of the Civil Employees Pension Plan
shall be covered for group life insurance in such amounts as Council
may by motion at any time and from time to time determine for classes
of employees, based upon a graduated scale of annual compensation,
and which classes of employees Council shall determine by motion at
any time and from time to time.
B. The amount of insurance for which civil employees age 65 years and
over will be covered is 50% of the amount for which, except for their
age, they would otherwise be eligible. The insurance coverage will
cease at retirement.