1993 - Laserfiche WebLink

Employees may purchase, at the employees' own expense and within the limits set by the insurance carrier, additional amounts of life insurance under the existing policy. 14.5 Loam Teri Disability Insurance Effective May 1, 1992, the City shall contribute an amount necessary to provide long -term disability insurance under the present Canada Life group policy or an acceptable alternative that in no event shall the City be obligated to contribute an amount in excess of two dollars and sixteen cents ($2.16) per one - hundred dollars ($100) of monthly salary of the first $2,500 of monthly salary not to exceed a total contribution of fifty -four dollars ($54.00) per month per employee. 14.6 Rsalth and Welfare Benefit Continuation Employees off work due to verifiable personal illness and having exhausted their accrued sick leave benefits set forth in Section 13 shall continue their eligibility for health and welfare payments in accordance with Section 14. Employees off work on leaves of absence without pay shall not be eligible for said health and welfare benefit payments. faction 15 Retirement During the term of this contract, the city shall continue to provide the PERS "Credit for unused sick leave option" and to local miscellaneous members Section 21382.2 1959 survivor benefits. Effective February 1, 1993 the City shall amend its PERS contract for the purposes providing the "One Year Final Compensation Option" (Section 21382.2). Effective April 1, 1996 the City shall amend its contract with PERS for the purpose of providing the 2% • 55 retirement option. Effective March 1, 1982, the City shall pay the employee's contribution to the Public Employee's Retirement System (PERS). The amount of said City payment shall equal, but not exceed seven percent (7t) of the employee's compensation subject to retirement contributions. For the one police clerk currently enrolled in the Public Employees' Retirement System's "public safety retirement program," the City shall pay the contribution to PERS. The amount of said City payment shall equal, but not exceed nine percent (9f) of the employee's compensation subject to retirement contribution. In recognition of this higher contribution by the City, the base monthly salaries paid this employee, effective May 2, 1992 shall be adjusted to provide the following: Police Clerk (1) $3208 20 -