Authorize a contract for group life insurance for the Human Resources Department with Metropolitan Life Insurance Company, for an initial term of three years with up to two 1-year extension options in an amount not to exceed $52,050,000. Funding: $6,660,000 is available in the Proposed Employee Benefits Fund Budget. Funding for the remaining contract term is contingent upon available funding in future budgets.
25-1502 · Consent · Passed