1987 RES R-67-87 - Laserfiche WebLink

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TERM LIFE INSURANCE The City shall provide all employees Term Life Insurance coverage in the amount of $50,000, with the exception of the City Manager who shall receive $100,000. RETIREES' HEALTH INSURANCE PARTICIPATION Individuals who shall thereafter retire (service or disability) from the City employ, may, at the retiree's discretion, enroll in the City -provided health insurance plan of the employee's choice. All premiums required by the retiree's participation in such health insurance plan shall be paid by the retiree. Participation in any health insurance plan is contingent upon the health insurance carrier approving the enrollment of a retired employee. Persons serving in Executive positions as of January 1, 1987, shall be eligible for retirement health insurance pursuant to Resolution 4598. Future Executives (those obtaining the position after January 1, 1987) shall not be eligible for retirement health insurance pursuant to Resolution 4598 (see Resolution No.R-37-lattached and incorporated herein by reference as AmerAment 1). IANC TERM DISABILITY The City shall provide to each represented employee, with the exception of Police Chief, a long term disability program with a minimum waiting period of 30 days or upon the expiration of sick leave, whichever is the greater period Of time. The City shall provide dental insurance for each Executive employee and eligible dependents in accordance with existing City dental plans. DEFERRED COMPENSATION The City shall contribute 2.147% of base salary plus $15.00 per month toward a deferred compensation plan for each employee, with the exception of the Police Chief and the Fire Chief. SICK LEAVE/FAMILY AWOMANCE Employees shall have the option of using sick leave for attendance on family members, or the employee may elect to take leave without pay for attendance on family members. Family members is defined in the City's personnel rules as employee's father, father-in-law, mother, mother-in-law, brother, brother- in-law, sister, sister-in-law, wife, husband, child, grandparent or grandchild. ACCIMILATED SICK LEAVE AT TERMINATION OF II4PLOYE'E Except as otherwise herein stated, accumulated sick leave is lost when the employee is terminated. In no event shall employees who have not worked for the City as regular salaried employees for more than five years be entitled 3