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11 <br />SLMO 2023-2028 Memorandum of Understanding <br />Section 6.0 Management Incentive Pay <br /> <br />Full-time management employees shall receive management incentive pay at the rate of <br />80 hours per calendar year. Department Heads shall receive management incentive pay <br />at the rate of 120 hours per calendar year. Such pay is given in recognition of the unique <br />nature of their position (e.g. program direction, policy determination). Effective January 1, <br />2023, Management incentive pay will be rolled into base pay. <br /> <br />Department Heads shall be subject to an annual performance review by the City <br />Manager. The City Manager, in their sole discretion, may award additional pay based on <br />performance, pursuant to the provisions of the Personnel Rules or other granted authority. <br />Section 7.0 Deferred Compensation <br /> <br />The City shall maintain in effect the deferred compensation program as described in the <br />San Leandro Administrative Code for the term of this Agreement. The City will match an <br />employee’s contribution to the City’s Section 457 Deferred Compensation plan each pay <br />period up to a maximum of 2% of employee’s base pay. <br />Section 8.0 Employee Wellness <br /> <br />The City agrees to continue to provide to employees an Employee Assistance Program <br />as described in the City of San Leandro Personnel Manual, Administrative Procedure <br />1570. It is agreed that such program shall not be an automatic substitution for appropriate <br />disciplinary action when such action is appropriate. <br />Section 9.0 Retirement– Three-tier System <br /> <br />The City shall, for full-time and qualifying part-time management staff, contribute to the <br />California Public Employees' Retirement System (CalPERS) each pay period a portion of <br />the employees’ contribution rate as established by law, equal to that percentage of the <br />employees’ "compensation" as that term is administered by the Board of Administration <br />of CalPERS, for the purpose of computing final compensation. Such contributions shall <br />be reported to CalPERS as follows: <br /> <br />9.1 Tier One: For miscellaneous management employees hired prior to May 6, 2010, <br />the City shall maintain a contract with CalPERS for the provision of a 2.5% @ 55 <br />(highest 12 months) retirement benefit formula. <br /> <br />These plans shall contain the following options: <br /> <br /> Remarriage post-survivor allowance continuance <br /> Credit for unused sick leave option <br /> Military service credit option <br /> <br />Employees shall pay the 8% of the employee contribution. Pursuant to IRS Code <br />Section 414 (h) (2), these payments shall be made on a pre-tax basis.