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HomeMy WebLinkAboutContract 37690-A2CONTR CNO' T31 9 0 GROUP POLICY AMENDMENT NO. 2 Attached to and made a part of Group Policy 644013-A issued to City of Fort Worth as Policyholder. Effective May 1, 20081 the Group Policy is amended to provide the following: 1. The Premium And Renewal portion of the Coverage Features is amended to provide the following: Premium Due Dates: September 1, 2005 and the first day of each calendar month thereafter. Effective each May 1, premiums will be adjusted to reflect each Member's Predisability Earnings as of the Prior February 1" and the Member's current age. 2. The Predisability Earnings section is amended to read as follows: PREDISABILITY EARNINGS Predisability Earnings means the greater of: 1. Your monthly rate of earnings as reported on February ls` (representing the prior year's income) that will be used for determining your benefits under your Employer's retirement plan; 2. Your current hourly rate of earnings in effect on the prior February ls` ; or 3. Your current hourly rate of earnings if you become a Member after February 1" Any change in your Predisability Earnings after your last full day of Active Work will not affect your LTD Benefit. (REG WITH CO1Vn LT.PD.OT.1X AMENDMENT NOT IN FORCE UNLESS SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE POLICYHOLDER AND RETURNED TO STANDARD INSURANCE COMPANY WITHIN 30 DAYS OF ISSUE. Dated 20 �� at City of Fort Worth Karen L. Montgomery . Assistant City Manager �y Group Policy�No�.��4�013-A Attested by: Marty Hendrix, Lity Secretary Page 1 of Amendment No 2 STANDARD INSURANCE COMPANY IC � b� President Corporate Secretary Group Policy No. 644013-A Page 2 of Amendment No 2