Resolution - #25-056 - 03/11/2025

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Councilmember Stewart introduced the following resolution and moved its adoption: RESOLUTION # 25-056 RESOLUTION UPDATING THE NON-UNION POST EMPLOYMENT HEALTHCARE SAVINGS PLAN WHEREAS, the City’s Personnel Policy includes non-union post-employment healthcare savings plan (PEHCSP) language for all non-union employees hired after January 1, 1984; and WHEREAS, non-union employees have voted to update the PEHCSP; and WHEREAS, employee eligibility requirements must be agreed to by the employer and included in a written personnel policy; and WHEREAS, the non-union group has two (2) tiers: PERA Coordinated members and PERA Police and Fire members and the plan shall be administered as follows; and PERA COORDINATED MEMBERS  GROSS WAGES: Employees shall contribute 2% of their gross wages after 1 year of service until reaching eligibility to draw their PERA pension (age 55), at such time increase the contribution to 4% of gross wages and continue thereafter. Eligibility to draw the PERA pension shall take precedent over the duration of employment.  VACATION SEVERANCE: Employees shall, upon separation of employment, contribute unused accrued vacation time, as follows: Years of Regular Severance Contribution of Severance Payable Employment Served Unused Vacation Directly to Employee Time to the HCSP 5 years 50% 50% 10 years 75% 25% 15 years and greater 100% 0% PERA POLICE & FIRE MEMBERS  GROSS WAGES: Employees shall contribute 2% of gross wages after 1 year of service th until reaching the 5 year before being eligible to draw their PERA pension (age 50), at such time increase the contribution to 6% of gross wages and continue thereafter. Eligibility to draw the PERA pension shall take precedent over the duration of employment.  VACATION SEVERANCE: Employees shall, upon separation of employment, contribute 100% of their unused accrued vacation time.