HomeMy WebLinkAbout5837ORDINANCE 5637
AN O :DINAN CE AJTHOF IZIN G THE PAY«4ENT BY THE CITY OF
LITTLE ROCK OF A PART F' THE LIFT: INSU_ A 4CE FREIVIIUMS
ON POLICIES CARRIED BY E'APLOYES OF CERTAIN OF THE DE-
P RT AENTS OF THE CITY; LIMITING THE CITYtS PARTICIPA-
TION IN SAID PAYMENTS; DECLARING AN EMERGENCY; AND
FOR OTHER PURPOSES
WHEREAS; for a number of years the City of Little Ro
through its General Fund, has participated with employes in the
payment of life insurance premiums on group insurance policies
covering the lives of employes of certain of the departments of
the City; and
WHEREAS; there are employes of various other departmen
of the City holding life insurance contracts under the group insu-
rance plan for whom the City makes no contribution in the payment
of premiums thereunder;
NO';i, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL 0? THE CITY OF
LITTLE T�OCK, AANSAS:
SECTION 1: From and after January 1, 1940, there shal
be paid monthly from the General Fund of the City of Little.ock a
sum of money sufficient to pay a part of the monthly premium on
each group life insurance policy issued to employes of all depart-
ments of the City not now receiving contributions from the City
under the City's group insurance plan, said payments to be made in
accordance with the provisions of Section 2 hereof.
SECTION 2: Payments by the City hereunder shall be on
ly that part of the monthly premium rate for each employee of de-
partments, department heads, and elected officials covered hereby
in excess of sixty cents (.60/) per one thousand dollars ($1,000)
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face amount of insurance certificate. Each employee shall be limiped
to One Thousand Dollars ($1,000) of life insurance under this plan
provided, however, that each department head and each elected offi�
eial may secure $2,000.00 of life insurance under this plan.
SECTION 3: This ordinance shall in no wise apply to
or affect persons now employed or hereafter to be employed in the
departments of the City now receiving contributions from the City
in payment of employes group life insurance premiums.
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SECTION 4. The City Collector is hereby directed to
pay in cash from any sums of money he may have on hand belonging
to the General Fund, the City's part of the premiums as herein
set forth, as and when same become due.
SECTION 5: WHEREAS; the City should contribute towa
making available life insurance protection on the lives of all em
ployes of the City and since the operation of this ordinance woul
make this protection available to many employes in immediate need
of said protection and now unable to af' ord same, and the immediat
operation of this ordinance being necessary for the benefit of the
public peace, health and safety of the citizens of Little Rock, an
emergency, therefore, is found to exist and this ordinance shall
take effect and be in force from and after its passage and appro-
val.
PASSED: January 4th, 1940
ATTEST:
it y Clerk
APPtU
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