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11 SLMO 2023-2028 Memorandum of Understanding <br />Section 6.0 Management Incentive Pay <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 nature of their position (e.g. program direction, policy determination). Effective January 1, 2023, Management incentive pay will be rolled into base pay. <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 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 employee’s contribution to the City’s Section 457 Deferred Compensation plan each pay period up to a maximum of 2% of employee’s base pay. <br />Section 8.0 Employee Wellness <br /> The City agrees to continue to provide to employees an Employee Assistance Program as described in the City of San Leandro Personnel Manual, Administrative Procedure 1570. It is agreed that such program shall not be an automatic substitution for appropriate disciplinary action when such action is appropriate. <br />Section 9.0 Retirement– Three-tier System <br /> The City shall, for full-time and qualifying part-time management staff, contribute to the California Public Employees' Retirement System (CalPERS) each pay period a portion of 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 be reported to CalPERS as follows: 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. These plans shall contain the following options: <br /> Remarriage post-survivor allowance continuance <br /> Credit for unused sick leave option Military service credit option 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. <br />DocuSign Envelope ID: EF681A38-577E-416B-B307-EA76BB515AD5