Benefit Summary for Unit 10 - Council Appointed.doc by 98w4iY

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									            UNIT 10 – COUNCIL APPOINTED – CITY MANAGER & CITY ATTORNEY

      Salary Increases:      Last: Per individual contract             Next: None scheduled
    Term of Agreement:       Per individual contract
                             CalPERS Formula: Tier 1 is 3% @ 60 (Single Highest Year).
                                                   nd
                                                  2 Tier effective 7/8/12 is 2.5% @55 (Single Highest Year).
    Retirement System:       ~ Contributions ~
                             ER: 15.937%                          EE: 8% (+ 2% towards ER contribution-pretax)
                             EPMC: No                             Survivor Benefit: 1959, Level 4.


                             Individual EE Account – EE Contributions Mandatory
      Retirement Health           EE contribution of 0.50% of earnings per fiscal year (FY).
    Savings Plan (RHS):           EE contributes 25% of past FY earned, but unused sick pay.
                                  EE contribution of 50% of accrued vacation upon separation from service.


        Social Security:     City Employees do not contribute to Social Security.
        Deferred Comp:       No City Contribution; 457 plans are available if employees elect to participate.
               Medicare:     1.45%
         Life Insurance:     100% City paid policy of $250,000 with AD&D at a monthly City cost of $36.50.
        Dependent Life:      Dependent Life-$1,500 per dependent. Monthly cost is $0.55 per dependent.
                             Employees can apply for up to $200,000 of supplemental life for themselves and
     Supplemental Life:
                             $50,000 for their spouse/domestic partner.
                             100% City paid. City cost is .546% of salary. Plan pays 60% of monthly salary up to
  Long Term Disability:
                             $6,000 after 60 day waiting period.
    CA State Disability:     City Employees do not contribute to California State Disability.
                             Medical: 87.5% City paid. 2012 = $1534.75/mo &
                                                          2013 = $1,563.63
     Health Insurance –      Dental: 100% City paid. 2012/2013 = $190.00/mo
           Family Level      Vision: 100% City paid. 2012 = $25.20/mo)
        (Highest Plan):                                  2013 = $25.96
                             EAP: 100% City paid - $2.75/mo per EE.
                                   ~ All contributions are prorated for part time employees~
          Administrative
                             20 to 80 hours annually; based on department recommendation.
                 Leave:
                             Up to completion of 4th year:     80 hours
                             5th to completion of 11th year: 120 hours
                Vacation:
                             12th to completion of 24th year: 160 hours
                             25 years or more:                200 hours

    Vacation Sell Back:      Employee may “sell back” up to eighty (80) hours of vacation.

                Holidays:    Regular -12 days (8 hours each) Floating – 2 days (16 hours).
                             12 days (96 hours) per year – At retirement a portion of sick leave can be cashed out
             Sick Leave:
                             and/or converted to retirement credit.
                Furlough     22.5 hours of mandatory furlough for FY 2012/2013



D:\Docstoc\Working\pdf\0da99156-5a7a-4441-9d46-8f5c3a425f35.doc     updated 08/16/2012

								
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