2020-082 - Amend Resolution No. 2015-026

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C. Vision insurance. Eligible Executive Management (EM) employees will have the ability to voluntarily select vision insurance coverage through the City's insurance provider. D. Cash -in -Lieu of Benefits. Executive Management (EM) employees will be eligible to receive cash (subject to taxation as wages) through the City's cafeteria plan if they either waive/opt-out of receiving group health and/or dental benefits after providing proof of other group medical and/or dental coverage under a spouse or registered domestic partner's non -City sponsored plan, or if the premium of the City medical and dental plans they elect do not cost as much as the maximum allowance they receive toward such benefits, E. Employee Contributions for Benefits. If an Executive Management (EM) employee chooses group or voluntary benefits whose aggregate premium cost exceeds the maximum City contributions to the cafeteria plan, the City will automatically deduct the excess premium amount on a pre-tax basis (through the City's Section 125 plan) from the employee's regular paycheck. F. Disability Insurance. The City will pay one hundred percent (100%) of the premium cost for a long-term disability insurance plan under the policy it maintains on behalf of its employees in order to provide Executive Management (EM) employees a monthly benefit plan as provided to the highest amount as available to any represented employees' unit covered by the City's plan. G. Life Insurance and Accidental Death & Personal Loss (AD&PL). The City will pay one hundred percent (100%) of the premium cost for term life and AD&PL insurance coverage under the policy it maintains on behalf of its employees in order to provide Executive Management (EM) employees with life and AD&PL insurance coverage in an amount equal to three times the employee's annual rate of salary to a maximum of $300,000, or the highest maximum amount as available to any represented employee unit, provided that Executive Management (EM) employees can provide evidence of insurability for coverage above the guaranteed amount, if so required by the terms and conditions of said term life and AD&PL insurance policy. In the event an Executive Management (EM) employee is determined to be ineligible for the full benefit of said insurance coverage, the amount of life insurance will be equal the amount for which the employee is eligible for without having to provide evidence of insurability. Section 5. Leave Accruals and Cash -Out Provisions. Unless otherwise provided, the highest leave accrual, maximum accrual, and cash -out provisions provided to any represented employee's unit, will also be offered to the classifications listed in this resolution exhibit including but not limited to; paid holidays, floating holidays, holiday closures, vacation, "must -use" vacation, and management vacation.