City of East Moline Minutes Meeting of the Mayor and the Committee-of-the-Whole 2026-05-18
City Approves IPPFA Active Employee Life Insurance Funding
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Description
The City of East Moline approved the funding of a $10,000 life insurance policy for each active worker via a 115 trust with IPPFA, aligning active and retiree life insurance. The change is expected to save the Health Fund approximately $2,500 per year.
Contract Details
Vendor
IPPFA
Agency
City of East Moline city, IL
Contract Type
INSURANCE
Document Date
May 18, 2026
Renewal Info
Previously approved for retirees; this action adds active employee coverage. No automatic renewal specified.
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