1993 R 62 - Laserfiche WebLink

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2. One year final compensation 3. Military buyback Other benefits provided for safety members include: 1. 2% at age 50 formula 2. One year final compensation 3. Military buyback 4. Post -Retirement Survivor Allowance P.E.R.S. Final year conversion - Employees may choose to have the 7% employee contribution (9% for safety employees) paid to the employee as salary in the last year before retirement with the employee then being responsible for paying their share of P.E.R.S. Employees may likewise choose to have their sick leave and/or vacation time accrued during their final year of employment converted to salary. Both such actions shall be on a prospective basis only in the form of a written request to the Finance Department. The effective date may be delayed if lengthy P.E.R.S. contract amendment procedures are necessary. This provision is based on the City obtaining written confirmation from P.E.R.S. that these options are still available to P.E.R.S. employees. Section 3: A. Overtime Overtime The following classifications are designated as exempt: SUB -STATION SUPERINTENDENT TRANSMISSION/DISTRIBUTION SUPERINTENDENT The above classifications shall earn overtime pursuant to the same overtime provisions set forth in the Electric Unit MOU. Those provisions are hereby incorporated by reference. There shall be no pyramiding of overtime. Hours worked by an employee in any workday, workweek or work period on which premium rates have once been allowed shall not be used again in any other overtime calculation other than computing total actual hours worked. B. City Vehicle Use Employees who are provided with a City vehicle to travel to and from their regular work site shall not be compensated in any manner whatsoever for such travel time in the City vehicle. No employee will be allowed to take a City vehicle home if the distance is greater than 15 miles one way. MIC M01 - 1993 GR7:KD 070893 -5-