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C. Participant Eligibility Requirements <br />t. Minimum service: The minimum period of service required for participation is -bW (write N/A if no minimum <br />service is required). <br />2. Minimum age: The minimum age required for eligibility to participate is 1W (write N/A if no minimum age is <br />required). <br />VI. Contribution Sources and Amounts <br />A. Definition of Earnings <br />The definition of Earnings will apply to all RHS Contribution Features that reference "Earnings", including Direct <br />Employer Contributions (Section VLBA.) and Mandatory Employee Compensation Contributions (Section VI.B.2.). <br />Definition ofeaminas:As defined by City Manager Empl® <br />B. Direct Employer Contributions and Mandatory Contributions <br />1. Direct Employer Contributions <br />The Employer shall contribute on behalf ofeach Participant <br />❑ %ofEamings* <br />❑ $ each Plan Year <br />❑ A discretionary amount to be determined each Plan Year <br />❑ Other (describe): <br />2. Mandatory Employee Compensation Contributions <br />The Employer will make mandatory contributions of Employee compensation as follows: <br />® Reduction in Salary - 5.Q0 % of Earnings or $ will he contributed for the Plan Year. <br />❑ Decreased Merit or Pay Plan Adjustment -All or a portion of the Employees annual merit <br />or pay plan adjustment will be contributed as follows: <br />An Employee shall not have the right to discontinue or vary the rate of Mandatory Contributions of Employee <br />Compensation. <br />3. Mandatory Employee Leave Contributions <br />The Employer will make mandatory contributions of accrued leave as follows (provide formula for determining <br />Mandatory Employee Leave contributions): <br />® Accrued Sick Leave 100% of sick leave cash op_ <br />p Accrued Vacation Leave <br />100% of Vacation and Management Van <br />m Other (specify type of leave) Accrued— Leave <br />55% of all othercashout payments <br />made at separation from emplovme�r tt <br />An Employee shall not have the right to discontinue or vary the rate of mandatory leave contributions. <br />*Nan -collectively bargained plans that reimburse medical expenses other than insurance premiums should consult their bencfrts counsel <br />regarding welfare plan nondiscrimination rules ifthe employer elects to make contributions based on a percentage ofearnings. <br />s <br />e' <br />11:14 <br />