City-Provided Life Insurance. Employees shall be entitled to a $50,000 term life insurance policy. The full premium for such policy shall be paid for by the City under a life insurance program of its choosing.
Appears in 4 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
City-Provided Life Insurance. Employees shall be entitled to a $50,000 100,000 (effective, August 1, 2020, the amount increases to $150,000) City paid term life insurance policy. The full premium for such policy shall be paid for by the City under a the life insurance program of its choosing.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
City-Provided Life Insurance. Employees shall be entitled to a one hundred thousand dollar ($50,000 100,000) term life insurance policy. The full premium for such policy shall be paid for by the City under a the life insurance program of its choosing.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
City-Provided Life Insurance. Employees A. EmployeesPolice personnel shall be entitled to a $50,000 term life insurance policypolicy under the City's life insurance program. The full premium for such policy shall be paid for by the City under a life insurance program of its choosing. Such policy shall take the place of any other policies existing prior to the adoption of this provision. Each such employee shall have the option to individually purchase additional life insurance at the City's unit cost, if available.
Appears in 1 contract
Samples: Memorandum of Understanding
