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RESOLUTION NO. 87-95 <br />Page 8 <br /> <br /> 6.4 Disability; Insurance. The City shall continue to pay 100% of <br />the premium cost for a long-tern disability insurance plan for affected <br />employees as said plan was amended effective November 1, 1985, to provide <br />unrepresented management personnel a monthly benefit of sixty-six and <br />two-thirds percent (66 2/3%) of base monthly salary (insured payroll), less <br />offsets contained in the existing plan, to a maximum monthly benefit of $5,000. <br /> <br /> 6.5 Life Insurance. The City shall continue to pay 100% of the <br />premium cost for term life insurance coverage under the policy it maintains on <br />behalf of its officers and employees in order to provide each person <br />designated as Unrepresented Executive Management (EM) with life insurance <br />coverage in an amount equal to three times such employee's annual rate of <br />salary to a maximin of $300,000, and each person designated as Unrepresented <br />Middle-Management (MM) with life insurance coverage in an mnount equal to <br />twice such employee's annual rate of salary to a maximum of $300,000, provided <br />said affected employees can provide evidence of insurability for coverage <br />above $150,000 if so required by the terms and conditions of said tern life <br />insurance policy. <br /> <br /> In the event any such affected employee is determined to be <br />ineligible for said insurance coverage, the City will attempt to provide as <br />much coverage as may be obtained at a reasonable cost without having to <br />provide evidence of insurability. <br /> <br /> 6.6 Paid Holiday; Time Off. Affected employees are not required to <br />appear for work, except in emergencies, and will receive payment at his or her <br />current base salary rate for the followin~ twelve (12) holidays during each <br />year: January 1st, third Monday in January, third Monday in February, last <br />Monday in May, July 4th, first Monday in September, November llth, <br />Thanksc3ivin~ Day and the day immediately following (Friday), Christmas Day, <br />the last workin~ day before Christmas D~y (unless such day falls on Wednesday, <br />in which instance the day followim~ Christmas D~y will be observed), and one <br />(1) floatin~ holiday. <br /> <br /> Any holiday which falls on Sunday will be observed on the following <br />Monday and any holiday which falls on a Saturday will be observed on the <br />Friday preceding the holiday. <br /> <br /> 6.7 Vacation Time Off. Affected employees shall be granted regular <br />and longevity paid vacation leave on the same basis as provided represented <br />employees of the City, with the exception that such affected employees will be <br />granted: <br /> <br /> A. Regular vacation with pay at the annual rate of fifteen (15) <br />working days for each of his or her first and second cempleted year of service. <br /> <br /> B. An additional five (5) working days per year over the <br />regular and longevity vacation schedules applicable to represented employees <br />of the City subject to the following restrictions on the accrual of vacation <br />leave: Unrepresented Executive Management (EM) employees, no restrictions. <br />Unrepresented Middle-Management (MM) employees, twenty-five (25) days maximum <br />accrual of such additional five days per year. <br /> <br /> Affected management employees must take at least five (5) <br />consecutive days of vacation leave each year. <br /> <br /> <br />