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<br />Agreement with the Police Management Association <br />February 7, 2005 <br />Page 3 <br /> <br />14. Retirement Health Savings Program: Effective July 1, 2006 = The City <br />shall establish a voluntary program for employees to contribute unused <br />sick leave, vacation, or other employee benefits on a pre-tax basis in <br />conj unction with implementation of a flexible benefit plan or other <br />tax exempt program. <br /> <br />FISCAL IMPACT <br /> <br />Funds are available in the following affected departmental accounts: <br />Salary and Career Development Incentives accounts (Object Code 6111) and <br />Benefits accounts (Object Code 6171) Estimated total cost for the first <br />year of this Agreement is $1,246. <br /> <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br />&t/~ )aQ~- <br /> <br />Enrlq~ J. /Alv'!t' <br />Execu i ve ,bix:.e!'ctor <br />Pers~el ~'e'~vices Department <br /> <br />':\~ ~ <br /> <br />Francisco Gutierrez <br />Executive Director r~ <br />Finance & Management Services Agency <br /> <br />25J-3 <br />