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that the C, D, and E Steps of the previously assigned salary rate range will become the A, B, and b Steps, respectively, of the newly assigned salary rate range. Subsequent to the-initial conversion, the provision of Section 11 shall then apply to the management pay plan hereinabove set forth. B. ,Employee Benefits. Each officer and employee who is employed in a position in a class of employment designated in Section 3 of this Resolution as Executive Management (EM) or Middle-Management (MM), shall receive as additional compensation, the following employee benefits: (I) Retirement. The terms of the existing contract between the City and the California Public Employees' Retirement System (PERS) governing the retirement benefits for affected employees, as said contract was amended to provide a different schedule of benefits for employees hired after October 1, 1981, are incorporated by reference herein. The city shall continue to make contributions to PERS in accordance with its contract with PERS for affected employees covered by said contract as amended. (2) Deferred Compensation. Each affected employee shall continue to receive as deferred compensation an amount equal to one percent (1.0%) of his or her monthly salary. The amounts contributed by the City under this provision shall be subject to the general terms and conditions of the City of Santa Ana Deferred Compensation Plan, and subject further to the conditions that the employee shall have no vested rights in the amounts contributed by the City until termina- tion of employment with the City and that the City will pay the total amount of contributions plus any earnings to the employee upon termination, resignation, retirement, dismissal or death. (3) Health Insurance. The City will continue to contribute the following amounts toward the payment of premiums for affected employees and their dependents under the existing health insurance program (or a new program providing substantially similar coverage and benefits): i. with respect to employees who do not have dependents included under the program, 100% of the premium; ii. with respect to employees who have dependents included under the program, an amount equal to 90% of the total premiums applicable to the Ufamily planu covering said employees and their dependents. (4) Dental Insurance. The City shall continue to pay 100% of the premium cost for affected employees who do not have dependents included under the dental insurance program available to represented employees of the City and $15.32 per month of affected employees who have eligible dependents included under such program. (5) Disability Insurance. The City shall continue to pay 100% of the premium cost for a long-term disability insurance plan for all Executive and Middle-Management officers and employees. (6) Life Insurance. The City shall continue to pay 100% of the premium cost for term life insurance coverage under the policy it maintains on behalf of its officers and employees in order to provide each person designated as Executive Management (EM) with life insurance coverage in an amount equal to -~D-