ARTICLE 25
LIFE AND HEALTH INSURANCE PROVISIONS

Section 25.1 — Life Insurance.

The Employer agrees to provide a $25,000 life insurance benefit at no cost to the officer; and AD&D to be increased to $5,000. Officers must complete a City of Chicago Group Term Life Insurance enrollment formset including the employee beneficiary section of the formset in order to qualify for coverage in the Basic Group Term Life Plan. The failure of the officer to complete the enrollment formset will result in termination of the officer’s Basic Group Term Life Insurance coverage.

The Employer agrees to provide procedures for officers to purchase optional Group Term Life Insurance and Universal Life Insurance in addition to basic Group Term Life Insurance coverage provided above at nominal additional cost to the officer. Officers will be permitted to purchase any amount of optional insurance coverage in $1,000 multiples up to an amount equal to their annual salary rounded up to next multiple of $1,000. The optional Group Term Life Insurance shall continue to be provided officers at the Employer’s then current cost.

Section 25.2 — Medical and Dental Plans.

The officers’ and dependents’ medical, dental, optical and prescription drug plans are hereby incorporated in this Agreement.

The Employer shall make available to officers covered under this Agreement and their eligible dependents copies of the Summary of Medical and Dental Plan Benefits booklets. The cost of such coverage to be borne by the Employer.

The plans for medical, dental, optical, and prescription drug benefits, including the provisions on eligibility and self-contribution rules in effect as of the date of this Agreement, may not be changed by the Employer without the agreement of the Lodge.

The Employer also agrees to make available to the following other persons the above-described hospitalization and medical program, the dental plan and the optical plan: officers covered by this Agreement who retire on or after age 60 and their eligible dependents; surviving spouse and children of officers covered by this Agreement killed in the line of duty; officers covered by this Agreement on a leave of absence for disability (both duty and occupational) and their eligible dependents; surviving spouse and children of deceased officers covered by this Agreement who were formerly on pension disability (both duty and occupational.) The Employer will contribute the full cost of coverage for any of the above-enumerated officers covered by this Agreement who elect coverage under any plan or plans. However, coverage under a plan for officers covered by this Agreement shall terminate when an officer covered by this Agreement either reaches the age for full Medicare eligibility under federal law or ceases to be a dependent as defined in a plan, whichever occurs first. After an officer covered by this Agreement reaches the age for full Medicare eligibility, that officer shall be covered under the medical program for annuitants, provided the person pays the applicable contributions.

An officer covered by this Agreement who retired or will retire, pursuant to the pension statute, between the period January 1, 1997 and the date of the ratification of this Agreement inclusive, and who was age 60 or over at the time of ratification, will be entitled to the benefits of this paragraph, provided the officer covered by this Agreement notifies the City’s Benefits Office, in writing, within forty-five (45) days after ratification of this Agreement. If such notice is given, benefits to the officer covered by this Agreement and the officer’s eligible dependents will be effective on the first day of the following month.