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Section 3Q. Lite Insurance <br />The City shall maintain in effect employer paid Term Life <br />Insurance with an AD&D benefit in the amount of twenty thousand <br />dollars ($20,000.00). The City shall make available for <br />employees, the ability to purchase additional life insurance, at <br />no cost to the City, subject to the requirements and rules of <br />the insurance carrier. Such premium payments made by the <br />employee purchasing any voluntary life insurance shall be made <br />on an after tax basis. <br />Section 31. Lonq Term Disability Insurance <br />The City shall maintain in effect an employer paid long term <br />disability insurance program with a benefit percentage of forty <br />percent (400) of base monthly earnings with a maximum gross <br />monthly benefit of five thousand dollars ($5,000.00). The plan <br />shall provide a six (6) month elimination period, benefits <br />payable to age sixty-five (65) with two years "own" occupation <br />and partial disability benefits. The City shall make available <br />for employees, the ability to purchase additional long term <br />disability insurance, at no cost to the City, subject to the <br />rules, regulations, enrollment requirements and exclusions set <br />forth by the insurance carrier. <br />Section 32. Short Term Disability Insurance <br />No later than July, 2002, the City and Union shall arrange for <br />an election to be conducted by the State Mediation and <br />Conciliation Service to determine if Unit employees wish to be <br />covered by the State Disability Insurance Program, at the <br />employees' expense. If implemented, the insurance shall be <br />integrated with any accrued leaves in a manner to insure that <br />there is no change in employees` net pay. <br />Section 33. Retirement Plan <br />33.1 The City's contract with the Public Employees Retirement <br />System provides retirement benefits for the 2% @ 55 <br />retirement formula. Such plan contains an after <br />remarriage post survivor allowance continuance. <br />33.2 The City shall continue to contract with the Public <br />Employees' Retirement Systems (PERS) to provide the <br />credit for unused sick leave benefit (Section 20862.8). <br />33.3 The City shall continue to contract with the Public <br />Employees' Retirement System to provide the Military <br />Service Credit as Public Service (Section 21024) benefit <br />option. <br />36 <br />