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City of <br /> q <br /> Pe uoti AGENDA ITEM #10.4.A. <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: November 6, 2008 <br /> Subject: Employee Life Insurance <br /> Report: Currently all employees receive a life insurance <br /> benefit of$10,000. Police union employees receive a life <br /> insurance benefit of$15,000. I am proposing that the <br /> Council offer the same life insurance benefit of $1 5,000 to <br /> all employees. The cost to the City for this increase in life <br /> insurance would be $211 per year. <br /> Council Action Requested: Council motion authorizing <br /> an increase in life insurance benefit for all full time <br /> employees from $10,000 per year to $15,000 per year. <br />