Sec. 2-143. - Eligibility generally.
Sec. 2-144. - Waiting period for new employees.
Sec. 2-145. - Evidence of insurability.
Sec. 2-146. - Schedule of amounts.
Sec. 2-147. - Payroll deductions generally; premium refunds payable to city.
Sec. 2-148. - Amount and deduction of employee's share of premium.
Sec. 2-149. - Individual certificates.
Sec. 2-150. - To remain in force when on authorized leave of absence.
Sec. 2-151. - May be retained by retiring employees.
Sec. 2-152. - Payment of benefits; beneficiaries.
Secs. 2-153—2-157. - Reserved.
Group life insurance shall be provided for eligible regular full-time employees upon the terms and conditions set forth in this division.
(Ord. No. 4259-91)
Sec. 2-143. - Eligibility generally.
All employees of the former cities of Newport News and Warwick, including constitutional officers and their employees, are eligible for group life insurance immediately upon employment by the city. Employees, including retired employees, who are already covered by group insurance by either of the two (2) former cities will be automatically insured as of July 1, 1958, in the same amounts under this insurance if such employees are employed by this city or, if not employed, are eligible for retirement. Employees of the school board will be eligible if coverage is requested by the school board within six (6) months of the date of consolidation of such former cities, provided seventy-five (75) percent of all school employees apply for such insurance, except that school board employees who have not elected to join the group life insurance plan prior to July 1, 1986, are no longer eligible.
(Ord. No. 4259-91)
Sec. 2-144. - Waiting period for new employees.
For group life insurance under this division, the waiting period for new employees shall be until the first of the month following completion of one (1) month of continuous service.
(Ord. No. 4259-91)
Sec. 2-145. - Evidence of insurability.
No evidence of insurability shall be required for group life insurance under this division, provided application is made within not less than thirty (30) days following the date of eligibility. Employees who do not apply within such period shall submit evidence of insurability satisfactory to the insurance carrier in order to obtain the insurance.
(Ord. No. 4259-91)
Sec. 2-146. - Schedule of amounts.
Unless otherwise provided in this division, basic group life insurance under this division shall be made available to eligible employees in an amount equal to their annual salary, and rounded to the next higher one thousand dollars ($1,000.00) if not an even multiple of one thousand dollars ($1,000.00). The amount of group life insurance available to employees shall be reduced by fifty (50) percent upon retirement, but to not less than ten thousand dollars ($10,000.00). School board employees participating in the group life insurance plan on June 30, 1986, may continue to participate but may not increase their level of participation higher than properly existing on June 30, 1986. As of July 1, 1986, participation by school board employees shall be closed.
Except as hereinbefore provided, employees may purchase additional insurance coverage, if available; but such costs shall be paid solely by the employee at the rates specified by the insurer.
(Ord. No. 4259-91; Ord. No. 4995-97, § 1)
Sec. 2-147. - Payroll deductions generally; premium refunds payable to city.
The school board coverage provided for in section 2-143, the additional insurance coverage provided for in section 2-146, and the retiree coverage provided for in section 2-151 shall only be available on a contributory payroll deduction basis, with premium refunds payable to the city.
(Ord. No. 4259-91)
Sec. 2-148. - Amount and deduction of employee's share of premium.
On and after July 1, 1986, no contributions by regular employees toward the premium cost of basic group life insurance shall be required. Those employees retiring, or retired, prior to July 1, 1986, and school board employees, shall continue to pay forty cents ($0.40) per month per thousand dollars ($1,000.00) of group life insurance under this division; and such shall be paid in equal monthly installments.
(Ord. No. 4259-91)
Sec. 2-149. - Individual certificates.
Each employee insured under this division shall receive a certificate outlining his benefits under the group life insurance plan.
(Ord. No. 4259-91)
Sec. 2-150. - To remain in force when on authorized leave of absence.
When an employee is on an authorized leave of absence, his group life insurance under this division will remain in force.
(Ord. No. 4259-91)
Sec. 2-151. - May be retained by retiring employees.
Retiring employees may retain the group life insurance in force under this division at the date of their retirement.
(Ord. No. 4259-91)
Sec. 2-152. - Payment of benefits; beneficiaries.
The amount of group life insurance for which the employee is enrolled under this division shall be paid to the beneficiary designated by the employee, in event of death by any cause at any time and any place, either in a lump sum or in equal monthly installments as may be desired. An employee may change the beneficiary at any time.
(Ord. No. 4259-91)