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DeBary council approves compensation adjustment for city manager after insurance issue
Summary
Facing an inability to secure the contractually required life insurance for the city manager, the council authorized staff to implement Option 2: allow enrollment in available group coverage and increase the city's 401 contribution by 2 percentage points (or to 14% if the manager declines voluntary life coverage).
The DeBary City Council authorized changes to the city manager's compensation structure to address an insurance coverage shortfall.
Wendy Cullen, the city's Human Resource Director, told council the manager's contract requires the city to provide life insurance equal to two times his annual salary — "which is approximately $454,000 worth of life…
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