[Adopted 10-2-2017 STM by Art. 30, AG 1-18-2018, eff. 2-15-2018]
Deductions on payroll schedules may be made from the salary
of any Town employee of any amounts which such employee may authorize
and specify in writing to the Town Treasurer and Collector of Taxes
for the payment of the cost of premiums for a policy or policies of
non-group life insurance. Such written authorization shall designate
the name and mailing address of the person, company or other party
to whom the Town Treasurer and Collector of Taxes is authorized to
pay the amounts so deducted and the date when such deductions are
to commence.
Any such authorization may be withdrawn by the employee by giving
to the Town Treasurer and Collector of Taxes at least 60 days' notice
in writing of such withdrawal.
The Town Treasurer and Collector of Taxes shall deduct from
the salary of such employee such amounts for the cost of such insurance
policies as are authorized by the employee and pay the amounts so
deducted to the party or parties designated by the employee. The Town
Treasurer and Collector of Taxes shall not be required to make payments
more frequently than monthly.
The word "employee" for the purpose of this bylaw shall have
the same meaning as the word "employee" as defined in MGL c. 32B,
§ 2(d), as amended and as it may hereafter be amended.
The persons insured under a policy or policies of life insurance
paid for by payroll deductions pursuant to this bylaw shall be restricted
to Town employees and their spouses and children.
The policies of life insurance for which payroll deductions
may be made pursuant to this bylaw shall be limited to policies which
are based upon ratings by classifications with respect to various
categories of employees. Such classifications may not exceed 10. No
payroll deductions may be made pursuant to this bylaw with respect
to employees in a particular classification unless at least 15% of
the eligible employees who make up such classification authorize payroll
deductions pursuant to this bylaw prior to any payroll deductions
being made for such classification.