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the employer cost of the 2.7% at 55 enhanced retirement formula. This payment shall be <br /> implemented as cost-sharing pursuant to Government Code section 20516(f). <br /> b. Pre-Taxable Benefit. To the extent permitted by CalPERS and <br /> Internal Revenue Service regulations, this eight percent(8%) employee contribution shall <br /> be implemented through payroll deductions on a pre-tax basis. <br /> In addition, Nunez shall further contribute to the costs of his retirement benefits in such <br /> amounts, if any, hereafter approved by the City and applied to City general management <br /> employees prior to the expiration date of this Agreement. The City does not participate in <br /> Social Security for employees enrolled in CalPERS. Notwithstanding the foregoing, in the <br /> event CalPERS determines Nunez to be a classic member, Nunez and the City shall each <br /> pay the normal contribution in accordance with City policy. Nunez shall complete <br /> CaIPERS's "Reciprocal Self-Certification Form" and submit the form to the City within 10 <br /> business days after employment has commenced. <br /> C. Medical and Other Insurance. <br /> i. Medical. <br /> (a) City Contribution. The City shall provide health <br /> (medical, dental and vision) insurance benefits to Nunez. The City shall pay one hundred <br /> percent (100%) of the premium coverage for Nunez, and ninety percent (90%) of the <br /> premium coverage for all dependent care. Nunez shall be responsible for the remaining <br /> dependent care premium coverage, as well as all co-pays, charges, out-of-pocket <br /> expenses, and other costs required by the insurance provider or for any such co-pays, <br /> charges, out-of-pocket expenses, and other costs not covered by insurance. <br /> (b) In-Lieu Benefit. In lieu of selecting to use the <br /> City-provided above-referenced health benefit coverage, Nunez may elect a cash as <br /> commensurate with the standard unrepresented Executive Management Group <br /> employee health benefits. <br /> ii. Life Insurance and Long Term Disability. City shall <br /> provide Nunez with a term life insurance policy in the amount of five hundred thousand <br /> dollars ($500,000) and Nunez shall name the beneficiary of the policy. City shall further <br />