85-145 - Laserfiche WebLink

Home Browse Search

current operative Memorandum of Understanding between the City and a recognized employee organization. 6.4 Disability Insurance. The City shall continue to pay 100% of the premium cost for a long-term disability insurance plan for affected employe~s as said plan was amended effective November 1, 1985, to provide unrepresented management personnel a monthly benefit of sixty-six and two-thirds percent (66 2/3%) of base monthly salary (insured payroll), less offsets contained in the existing plan, to a maximum monthly benefit of $5,000. 6.5 Life Insurance. The City shall continue to pay 100% of the premium cost for term life insurance coverage under the policy it maintains on behalf of its officers and employees in order to provide each person designated as Unrepresented Executive Management (EM) with life insurance coverage in an amount equal to three times such employee's annual rate of salary to a maximum of $300,000, and each. person designated as Unrepresented Middle-Management (MM) with life insurance coverage in an amount equal to twice such employee's annual rate of salary to a maximum of $300,000, provided said affected employees can provide evidence of insurability for coverage above $150,000 if so required by the terms and conditions of said term life insurance policy. In the event any such affected employee is determined to be ineligible for said insurance coverage, the City will attempt to provide as much coverage as may be obtained at a reasonable cost without having to provide evidence of insurability. 6.6 Paid Holiday Time Off. Affected employees are not required to appear for work, except in emergencies, and will receive payment at his Or her current base salary rate for the following eleven (11) holida~ys during each year: January 1st, third Monday in February, last Monday in May, July 4th, first Monday in September, November llth, Thanksgiving Day and the day immediately following (Friday), Christmas Day, the last working day before Christmas Day (unless such day falls on Wednesday, in which instance the day following Christmas Day will be observed), and one (1) floating holiday. Any holiday which falls on Sunday will be observed on the following Monday and any holiday which falls on a Saturday will be observed on the Friday preceding the holiday. 6.7 Vacation Time Off. Affected employees shall be granted regular and longevity paid vacation leave on the same basis as provided represented employees of the City, with the exception that such affected employees will be granted: A. Regular vacation with pay at the annual rate of fifteen (15) working days for each of his or her first and second completed year of service.