8K Consent 2010 0201 - Laserfiche WebLink

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Section 9.0 Employee Wellness For the period of this Memorandum of Understanding, the concept of employee wellness will continue to be addressed by the City through, but not limited to, executive medical examinations, workshops stressing weight control, nutrition, exercise, etc. The City agrees to continue to provide to employees an Employee Assistance Program. It is agreed that such program shall not be an automatic substitution for appropriate disciplinary action when such action is appropriate. Section 10.0 Retirement The City shall, for management staff, contribute to the Public Employees' Retirement System (PERS) each pay period a portion of the employees' contribution rate as established by law, equal to eight percent (8%) of the employees' "compensation" as that term is administered by the Board of Administration of PERS, for the purpose of computing final compensation. Such contributions shall be reported to PERS as special compensation. The City shall maintain its contribution of the employees' contribution rate for public safety management staff to nine percent (9%). The City shall continue to contract with the PERS Employees' Retirement System that provides a 2.5% @ 55 retirement benefit formula for miscellaneous management employees. The City shall also maintain a contract with the PERS Employees' Retirement System to provide a 3% @ 50 retirement benefit formula for management Safety employees. These plans shall contain the following options: remarriage post survivor allowance continuance credit for unused sick leave option military service credit option Two-tier system: The Ca1PERS Retirement Plan will be amended to provide the 2% (a,55 (highest 3b months) retirement formula to new miscellaneous employees hired following City Council approval of the CaIPERS contract amendment and pursuant to Ca1PERS requirements. Such plan will also contain the three optional benefits listed above. The City shall contribute to the Public Employees' Retirement System (PERS) each pay period a portion of a new employee's contribution rate as established by law according to the following schedule: year 1 - 2%; year 2 - 4%; year 3 - 6%. Thereafter, the Employer Paid Member Contribution (EPMC) shall be equal to eight percent (8%) of the employee's "compensation" for miscellaneous employees or equal to nine percent (9%) of the employee's "compensation" for safety employees as that term is administered by the Board of Administration of PERS. Prior CaIPERS service time will be credited to new employees to reduce the contribution rates specified above. Section 11.0 Compensation From January 1, 201028a3 through December 31, 201028~g, salaries shall remain at the 20092898 level except as provided herein. 7 SLMO draft to council