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RESOLUTION NO. 89-087 '- 439 Page 7 of 15 For the purpose of reporting an employee's compensation to PERS, the City shall include these payments as if they were a part of the employee's base salary. 6.2 Deferred Comoensation. Each affected employee shall continue to receive as deferred compensation an amount equal to one percent (1.0%) of his or her monthly salary rate. 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 termination 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. 6.3 Health and Dental Insurance. The City will continue to contribute the following amounts toward the payment of premiums for affected employees and their eligible dependents under the existing health and dental insurance programs (or new programs providing substantially similar coverage and benefits}. A. With respect to employees who do not have dependents included under the programs, an amount equal to the highest amount of City contribution applicable to the "employee-only" health and dental coverages for employees as specified in any current operative Memorandum of Understanding between the City and a recognized employee organization. B. With respect to employees who have dependents included under the programs, an amount equal to the highest amount of City contribution applicable to the "family-plan" health and dental coverages for employees and their dependents as specified in any current operative Memorandum of Understanding between the City and a recognized employee organization. 6.4 Disability Insurance. The City shall continue to pay 100% of the premium cost for a long-term disability insurance plan for affected employees as said plan was amended effective November 1, 1985, to provide unrepresented management personnel a monthly benefit of sixty-six and two-thirds percent (66 2/3%) of base monthly salary (insured payroll), less offsets contained in the existing plan, to a maximum monthly benefit of $5,000. 6.5 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 Unrepresented Executive Management (EM) with life insurance coverage in an amount equal to three times such employee's annual rate of salary to a maximum of $300,000, and each person designated as Unrepresented Middle-Management (MM) with life insurance coverage in an amount equal to twice such employee's annual rate of salary to a maximum of $300,000, provided said affected employees can provide evidence of insurability for coverage above $150,000 if so required by the terms and conditions of said term life insurance policy.