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HomeMy WebLinkAboutG14-87 Ordinance No. G14-87 AN ORDINANCE AMENDING CHAPTER 2.84 ENTITLED "EARLY RETIREMENT PROGRAM" OF THE ELGIN MUNICIPAL CODE, 1976, AS AMENDED BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS: Section I. That Section 2.84.050 of the Elgin Municipal Code, 1976, as amended, be and is hereby amended to read as follows: "2.84.050 Termination. A. Participation in the city's group insurance program by an early retiree shall cease upon the death of a retiree or upon said retiree reaching the age of sixty-five or upon said retiree becoming eligible for participa- tion in Medicare before age sixty-five or upon such early retiree's removal from this program for nonpayment pursuant to Section 2.84.040(A) or (C), whichever occurs first; provided however, a retiree or other qualified beneficiary may elect for continuation of coverage in the city's group insurance program as provided by law. B. In the event an early retiree dies while participating in this program, any prepayment for continued coverage as provided in Section 2.84.040(A) or (C) allocated for months subsequent to the month in which the death occurred shall be refunded to the estate of the deceased provided that no qualified beneficiary elects for continuation of coverage as provided by law." Section 2. That all ordinances or parts of ordinances in conflict with the provi- sions of this ordinance be and are hereby repealed. Section 3. That this ordinance shall be in full force and effect from and after its passage and publication in the manner provided by law. s/ George Van De Voorde Mayor Pro Tem Presented: March 11, 1987 Passed: March 11, 1987 Vote: Yeas 5 Nays 0 Recorded: Published: Attest: s/ Marie Ye_arman ribk Marie Yearman, City Clerk