DON'T FORGET - our next meeting is April 12, 2011 at 1:00pm at MMC in room 3c/d 


AGENDA:
Presentation by LeighAnn Sargent of Lapre Scali Ins. Co., a General Agency, regarding insurance options.

Review and vote on proposed changes to the MMC Retirement Club by-laws:

1. Terminology changes:

     a. The term “MMC retirees” is changed to “Medtronic retirees” throughout the document. Our name remains the MMC Retirement Club because that is how the club was initially registered with whatever organization registers non profit clubs.

     b. The term “MMC Retirement Club Board” is replaced with the term “MMC Retirement Club Executive Committee.”

     c. The term “Secretary” is replaced with “Communications Chairman.” All secretarial duties are combined with Communications Chairman duties. This eliminates duplication of effort and reduces one club officer position.

2. The due date for club dues is changed from May to January to better align with dental insurance benefit requirements and reduce confusion about when club dues are due.

3. Article III (Retiree Qualifications) and Article IV (Membership) are combined into “Article III Membership” which defines Active Membership and adds Associate Membership definitions and qualifications. (See the exact wording below)

Article III - Membership
Active Members:
Active members are defined as those Medtronic employees recognized by Medtronic HR as having met all Medtronic retirement qualifications and whose annual club dues are paid. Active members shall be entitled to all rights and privileges of the Club.

Associate Members:
Any former Medtronic employee, surviving spouse or domestic partner of an active Club member may become an associate member of the MMC Retirement Club by obtaining sponsorship of an active club member and with approval of a majority of the executive committee of the club.