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B. That Section 2. Schedule of Salaries, as amended, is hereby further amended to read as follows: "Section 2. Schedule of Salaries. A. The following salary schedule showing salary rate ranges for classifications of employment designated as Executive Management (EM) is attached hereto in matrix format and is made a part hereof as though set forth in full herein. The schedule is listed as follows: Salary Schedule Unrepresented Category of Employment No. Effective Date Executive Management (EM) EM-11 7/1 /11 * * Effective July 1, 2011, the salary matrices showing monthly pay ranges and steps in effect on June 30, 2011, assigned to classifications of employment designated as unrepresented Executive Management (EM), will be increased by three percent (3%) C. The unrepresented Executive Management (EM) salary schedule contains numerous salary rate ranges, each range comprised of fifteen (15) separate rates of pay shown in monthly amounts. The respective rate ranges are identified by a two-digit number preceded by the capital letters "EM" for Executive Management and the separate rates of pay or steps within each salary rate range are identified by the numbers "1" through "15" inclusive, with Step "1" being the lowest or minimum rate of the range, Step "8" is the middle or midpoint rate of the range, and Step "15" being the highest or maximum rate." C. That Section 6.21 Medical Retirement Subsidy Plan, as amended, is hereby further amended to read as follows: "6.21 Medical Retirement Subsidy Plan. A. Based on the first payroll period in October 2001 and no later than October 31 each year thereafter, the City shall contribute to a fund for employees covered by this Resolution for the purpose of providing a retiree health insurance subsidy plan. Eligibility for and the specific payments made to affected employees shall be designated by the City Manager. The plan shall be administered by the City, at no cost to the affected employees. The funds contributed by the City will be maintained in such a manner as to insure that they are invested in a reasonably secure plan that bears a reasonable rate of interest/growth given current financial markets, such as investments made pursuant to the then current Statement of Investment Policy for the City of Santa Ana. This program is for medical insurance premium reduction only and will be implemented by February 1, 2002, for an employee retiring after July 1, 2001. If an employee retires between July 1, 2001 and February 1, 2002, he or she will be eligible to participate in said plan; however, in no event, will he or she be eligible to Resolution No. 2011-001 Page 3 of 5