(a) The City shall provide life insurance in the amount of $20,000 and accidental death and dismemberment insurance in the amount of $20,000 for all full-time employees and elected officials, who shall be eligible for said insurance the first of the month coincident with or next following 30 days of active employment with the City.
(b) Full-time employees of the Carmel-Clay Parks Board shall also be eligible for coverage under the City’s life insurance plan, on the same terms and conditions as City employees. The insurance provider, or third party administrator in the event the City is self-insured, shall agree in writing on all new plan inception dates and plan renewal dates that Parks employees are included in such coverage. The Parks Board shall pay the premiums for its employees.
(`91 Code, § 2-39) (Ord. D-825, §2-39, 8-17-92; Ord. D-1349-98, 1-26-98; Ord. D-1525-01, § I, 10-15-01; Ord. D-1838-06, As Amended, 12-18-06; Ord. D-1900-08, 8-4-08; Ord. D-2050-11, 9-19-11; Ord. D-2067-11, 11-7-11)