Agenda - Council - 03/13/2018 - Laserfiche WebLink

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All non -union employees hired after January 1, 1984 will participate in the post -employment healthcare savings plan, as follows: PERA COORDINATED MEMBERS • WAGES: Contribute 2% after 5 years of service (starting with the 6th year of service) and greater to the PEHCSP • MAXED OUT SICK LEAVE: Contribute unused sick leave hours that would normally convert to vacation time (all hours greater than 960 at a conversion rate of 2 to 1) to the PEHCSP. • VACATION: Upon separation of employment/contribute unused accrued vacation time, as follows: 50% after 5 years of service through 10 years of service and then 75% with 11 years of service through 15 years of service and then 100% after 16 years of service and greater shall be contributed to the PEHCSP • SICK LEAVE: Upon separation of employment/contribute unused eligible accrued sick time, as follows: 100% of eligible unused accrued sick leave after 5 years of service and greater PERA POLICE & FIRE MEMBERS • WAGES: Contribute 1% for all employees until 5 years prior to normal retirement age (55), at which time ongoing contributions will be 4% of salary. • MAXED OUT SICK LEAVE: Contribute all unused sick leave hours that would normally convert to vacation time (all hours greater than 960 at a conversion rate of 2 to 1) to the PEHCSP. • VACATION Upon separation of employment/contribute unused accrued vacation time, as follows: 100% -- Regardless of years of service • SICK LEAVE: Upon separation of employment/contribute unused eligible sick leave, as follows: 100% of eligible unused accrued sick leave -- regardless of years of service. Eligible sick leave severance shall be defined as a lump sum payment upon termination of employment, contributed to the PEHCSP, based on thirty-three (33) percent of employee's unused, accumulated sick leave after five (5) years of continuous employment. After fifteen (15) years of continuous employment, the employee will instead receive thirty-five (35) percent of said employee's unused, accumulated sick leave. After twenty (20) years of continuous employment, the employee will instead receive thirty-seven (37) percent of unused accumulated sick leave. After twenty-five (25) years of continuous employment, the employee will instead receive forty (40) percent of said employee's unused, accumulated sick leave. In order to obtain eligible sick leave severance pay, an employee must leave City employment in "good standing," as provided in Policy 3.13. 4.9 Employee Assistance Program The City offers an employee assistance program (EAP) at no cost to assist employees and their families with a variety of services from mental health and substance abuse counseling to child care resources. The EAP will provide confidential counseling services by highly trained clinicians or suggest other professional resources that may be useful to employees and their families. 19IPage