Common use of - Life Insurance - C and M Clause in Contracts

- Life Insurance - C and M. The Board shall provide group Term Life Insurance in the amount of twenty thousand dollars ($20,000) which will be reduced upon retirement under the provisions of the Municipal Employees Pension and Retirement Plan to five thousand ($5,000) dollars.

- Life Insurance - C and M. The Board shall provide group Term Life Insurance in the amount of twenty forty thousand dollars ($20,00040,000) which will be reduced upon retirement under the provisions of the Municipal Employees Pension and Retirement Plan to five thousand ($5,000) dollars.