Laserfiche WebLink
course. Maximum tuition reimbursement will be paid in the highest amount as available <br />to other represented employees. <br />Section 8. Retirement Health Savings (RHS) Plan. <br />A. Employees participate in the "Vantage Care" Retirement Health Savings Plan <br />(RHS), which designated ICMA-RC as the administrator of the plan. The City shall make <br />contributions into the individual accounts of Executive Management (EM) employees as <br />provided to the highest represented non -sworn employees' unit. <br />1. Executive Management (EM) employees will contribute one and one - <br />quarter percent (1.25%) of base pay into his/her individual RHS account each pay <br />period. <br />2. Executive Management (EM) employees shall have the option to amend <br />the current Executive Management plan design by mutual agreement of the majority <br />within in the City's agreement with ICMA-RC. <br />Section 9. Auto Allowance. With the exception of the Police Chief who receives a City <br />vehicle, the City will contribute five hundred dollars ($500) per month to each Executive <br />Management (EM) employee to offset reasonable and necessary expenses for the <br />operation, maintenance and insuring of an automobile. In lieu of receiving five hundred <br />dollars ($500) per month, the employee may request and be provided with an optional <br />vehicle. <br />Section 10, Deferred Compensation. The City has established and maintains a <br />deferred compensation plan pursuant to the provisions of Section 457(b) of the Internal <br />Revenue Code. Executive Management (EM) employees covered under this resolution, <br />at his or her sole discretion, may defer to have deposited into the City's 457(b) plan a <br />portion of his or her compensation up to the maximum amount permitted by law. <br />As permissible by law if the City is desirous of establishing a 401(a) deferred <br />compensation plan at a future date, Executive Management (EM) employees covered <br />under this resolution, at his or her sole discretion, may elect to participate into said <br />401(a) plan upon its establishment, and defer a portion of his or her compensation up to <br />the maximum amount permitted by law. <br />All contributions into the 457(b) and 401(a) plan are voluntary employee contributions <br />and will meet the requirements of the Internal Revenue Code. <br />Section 11. Executive Management (EM) Compensation Determination and <br />Performance -Based Evaluation System. The provisions of the unrepresented Executive <br />Management (EM) compensation determination and performance -based evaluation <br />system are as follows: <br />