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HomeMy WebLinkAboutResolutions - 1964.10.26 - 19534Miscellaneous Resolution 4376 October 27, 1964 BY: Mr. Levinson IN RE: EXTENSION OF COUNTY PARTICIPATION IN HOSPITALIZATION BENEFITS TO THE OAKLAND COUNTY BOARD OF SUPERVISORS Mr. Chairman, Ladies and Gentlemen: WHEREAS, the Oakland County Employees Retirement Commission has recommended that the present plan of County participation in the costs of group hospitalization insurance premiums for County employees be extended to cover those eligible retireants and beneficiaries on the rolls of the Oakland County Employees Retirement System, to-wit: The payment by the County of the larger of either (a) one cent less than the ward rate for an employee in the lowest Blue Cross pay category (currently $9.56), or (b) one-half of the total premium for employee, spouse and family; and WHEREAS, the estimated cost of this program for 1965 will be $15,000.00; and WHEREAS, the Ways and Means Committee at its meeting on October 22, 1964, has unanimously concurred in this recommendation and recommends that funds to pay for the same be taken from the 1965 Contingent Fund; NOW THEREFORE BE IT RESOLVED that the policy of County participation in the payment of hospitalization insurance premiums for County employees be extended to include present and future eligible retireants and beneficiaries on the rolls of the Oakland County Employees Retirement System until such time as other adequate medical coverage is provided. BE IT FURTHER RESOLVED that the sum of $15,000.00 for this purpose be transferred from the 1965 Contingent Fund. MR. CHAIRMAN, on behalf of the Retirement Committee, and with the concurrence of the Ways and Means Committee, I move the adoption of the foregoing resolution. RETIREMENT COMMITTEE Delos Hamlin, Chairman David Levinson #4376 Moved by Levinson supported by Miller the resolution be adopted A sufficient majority having voted therefor, the resolution was adopted.