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RESOLUTION 96-95 Page 9 Retirement Benefit by taking a decrease of effective July 1, 1997. 1% in their salaries 6.~ Deferred Compensation. An amount equal to one percent of the base semi-monthly pay rate being paid each affected employee is deemed to be deferred compensation and shall be contributed into the City's deferred compensation plan by the City on behalf of each affected employee. The amount contributed by the City under this provision shall be subject to the general terms and conditions of the City of Santa Aha 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 Insurance. The City shall contribute towards the health insurance coverage of all affected employees covered by this Resolution in the same manner and amount as provided for represented, non-management general service CalPERS "miscellaneous" employees. Any contribution necessary to maintain benefits under any health insurance program provided by the city for its employees and their eligible dependents in excess of the amounts of the city contribution shall be entirely borne by the employee. 6.4 Dental Insurance. The City agrees to contribute up to a maximum of thirty dollars ($30) per month per employee toward the payment of premiums for dental insurance plans provided by the city for affected employees and their eligible dependents. Any contribution necessary to maintain benefits under said dental plans in excess of the amount set forth above shall be borne entirely by the employee. 6.5 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 Administrative 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.