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FULL PACKET_2009-06-29
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FULL PACKET_2009-06-29
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1/3/2012 4:18:23 PM
Creation date
6/26/2009 10:46:47 AM
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City Clerk
Doc Type
Agenda Packet
Date
6/29/2009
Destruction Year
2014
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11.7 Medical Retirement Subsidy Plan. <br />A. Effective Fiscal Year 2004-05, the City's annual contribution to the Medical Retirement <br />Subsidy Plan for full time SAMA employees shall be increased by an additional one-half <br />percent (0.5%) of the bargaining unit's salary base, under the same Medical Retirement <br />Subsidy Plan it maintains for Executive Officers and Management employees of the City. <br />With this additional contribution amount, the City's contribution toward the Medical <br />Retirement Subsidy Plan for SAMA employees shall equal one percent (1.0%) of the <br />bargaining unit's salary base. <br />B. Effective Fiscal Year 2008-09, the City's annual contribution to the Medical Retirement <br />Subsidy Plan for full time SAMA employees shall be increased by an additional four <br />tenths of one percent (0.40%) of the bargaining unit's salary base. With this additional <br />amount, the City's contribution toward the Medical Retirement Subsidy Plan for SAMA <br />employees shall equal one and four tenths' percent (1.40%) of the bargaining unit's salary <br />base. <br />C. Effective Fiscal Year 2009-10, the City's annual contribution to the Medical Retirement <br />Subsidy Plan for full time SAMA employees shall be increased by an additional point <br />three five tenths of one percent (0.35%) of the bargaining unit's salary base. With this <br />additional amount, the City's contribution toward the Medical Retirement Subsidy Plan <br />for SAMA employees shall equal one and three quarters' percent (1.75%) of the <br />bargaining unit's salary base. <br />The City makes its annual contribution to the Medical Retirement Subsidy plan for <br />employees covered by this Agreement in October of each year. The Parties to this <br />Agreement hereby agree as follows: <br />1. The October 2009 payment of 1.759'0 of base salary to the Medical <br />Retirement Subsidy plan covering the members of this bargaining unit will be <br />suspended entirely; <br />2. The October 2010 payment of i .759a of base salary to the Medical <br />Retirement Subsidy plan covering the members of this bargaining unit will be <br />reduced by 0.759'0. Therefore, the October 2010 payment by the City to <br />the Medical Retirement Subsidy plan covering the members of this bargaining <br />unit shall be 1.09'0 of the bargaining unit's salary base; <br />3. Effective fiscal year 2011-12, the City's annual contribution to the Medico) <br />Retirement Subsidy Plan for full time SAMA employees shall revert back to <br />one and three quarters' percent (1.759:0) of the bargaining unit's salary base. <br />AMENDED ARTICLE XVIII (new language in bold; deleted provisions lined out) <br />18.0 WAIVER OF BARGAINING DURING THE TERM OF THIS AGREEMENT <br />25B-6 <br />
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