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CM-2015-959 - 10/16/2015October 16, 2015 Matt Larsen Regional Services Specialist Customer Experience Lincoln Financial Group 8801 Indian Hills Drive Omaha, NE 68114 Re: Notice of Policy Termination by the City of Round Rock, Texas to The Lincoln National Life Insurance Company (Policy No. 000010167420) — Employee Benefits Mr. Larsen: This correspondence shall serve as written notice that the City of Round Rock, Texas (the "City" and "Policyholder") hereby terminates as of December 31, 2015: 1) The Policy Agreement for Policy No. 000010167420 (the "Policy") with The Lincoln National Life Insurance Company (the "Company") for employer paid Group Long Term Disability Benefits; and 2) The following employee paid benefits: Voluntary Life Benefits; Critical Illness Benefits; and Accident Coverage Benefits. Policy No. 0000 10 167420 for Group Long -Term Disability Benefits became effective on January 1, 2013 with annual Policy Anniversaries commencing January 1, 2016. The Policy states on page nineteen (19) that "[t]he Policyholder may terminate this Policy at any time by giving the Company advance written notice." Pursuant to the Policy's, this termination is being effected via "advance written notice" to the Company. In addition, The City is terminating on behalf of its employees, pursuant to this written notice Voluntary Life, Critical Illness, and Accident Coverage Benefits. Thank you for your attention to this matter. Please do not hesitate to contact me with any questions. Si�j/j�e/rJely, i/ l""__'� v` /// Laurie Hadley City Manager CITY OF ROUND ROCK 221 East Main Street, Round Rack, Texas 78664 [P] 512.218.5401 - [F] 512.218.7097 • roundroMexas.gov Mayor Councilmembers City Manager Alan McGraw Craig Morgan Laurie Hadley Frank Leffingwell ROUf�i® ROCK TEXAS Mayor Pro -Tem Will Peckham Writ 8aese City Attorney AOMW6 TION DEPARTMENT T George White I<ris Whitfield Stephan L. Sheets October 16, 2015 Matt Larsen Regional Services Specialist Customer Experience Lincoln Financial Group 8801 Indian Hills Drive Omaha, NE 68114 Re: Notice of Policy Termination by the City of Round Rock, Texas to The Lincoln National Life Insurance Company (Policy No. 000010167420) — Employee Benefits Mr. Larsen: This correspondence shall serve as written notice that the City of Round Rock, Texas (the "City" and "Policyholder") hereby terminates as of December 31, 2015: 1) The Policy Agreement for Policy No. 000010167420 (the "Policy") with The Lincoln National Life Insurance Company (the "Company") for employer paid Group Long Term Disability Benefits; and 2) The following employee paid benefits: Voluntary Life Benefits; Critical Illness Benefits; and Accident Coverage Benefits. Policy No. 0000 10 167420 for Group Long -Term Disability Benefits became effective on January 1, 2013 with annual Policy Anniversaries commencing January 1, 2016. The Policy states on page nineteen (19) that "[t]he Policyholder may terminate this Policy at any time by giving the Company advance written notice." Pursuant to the Policy's, this termination is being effected via "advance written notice" to the Company. In addition, The City is terminating on behalf of its employees, pursuant to this written notice Voluntary Life, Critical Illness, and Accident Coverage Benefits. Thank you for your attention to this matter. Please do not hesitate to contact me with any questions. Si�j/j�e/rJely, i/ l""__'� v` /// Laurie Hadley City Manager CITY OF ROUND ROCK 221 East Main Street, Round Rack, Texas 78664 [P] 512.218.5401 - [F] 512.218.7097 • roundroMexas.gov �hn-Zv�s�ls�! LEGAL DEPARTMENT APPROVAL FOR CITY COUNCIL/CITY MANAGER ACTION Required for Submission of ALL City Council and City Manager Items Department .Name: HR Project Mgr/Resource: Valerie Francois FICouncil Action: U ORDINANCE Agenda Wording acity Manager Approval Termination Letter for Group Long Term Disability Insurance Project Name: Policy ContractorNendor: The Lincoln National Life Insurance Company O RESOLUTION UMA woraing Consider executing a termination letter for the City's Group Long -Term Disability Insurance Policy Agreement with The Lincoln National Life Insurance Company. Attorney Approval [Z (Attorney Date Notes/Comments Print letter on City letterhead before signature and delivery to The Lincoln National Life Insurance Company. 0:lwdox\SCCInts10124\15001MISC100344316.XLS Updated 613108