Laserfiche WebLink
<br /> <br /> <br /> Agreement with the Police Officers' Association (POA) <br /> December 19, 2011 <br /> Page 2 of 2 <br /> <br /> Compensation for Overtime. From December 1, 2011 to June 30, 2013, members who work <br /> overtime hours shall have those hours accrue as compensatory time off, not overtime pay. <br /> Further, no members will be <br /> permitted to cash out any compensatory time except upon separation from City service. <br /> <br /> Holidays, Cash Option. From December 1, 2011 to June 30, 2013, members will defer the <br /> ability to cash out annual holiday leave benefits. <br /> <br /> Longevity Vacation, Cash Option. From December 1, 2011 to June 30, 2013, members will <br /> defer the ability to cash out longevity vacation time. <br /> <br /> 3°(cD- 50 Service Retirement Benefit. Effective December 1, 2011, the employee contribution <br /> shall be increased by 2% to a total of 4.42% (Safety) and 8.3% (non-Safety). Effective July 1, <br /> 2012, the employee contribution shall be increased an additional 3.5% for a total of 7.92% <br /> (Safety) and 11.8% (non-Safety). <br /> <br /> Layoffs. During fiscal year 2012-13, the City will meet and confer with POA over not only the <br /> impact, but also the decision to lay off members. <br /> <br /> FISCAL IMPACT <br /> <br /> This agreement will result in a cost savings to the City of $3,640,000 during fiscal year 2011-12 <br /> and $8,600,000 during fiscal year 2012-13 for a total net savings of $12,240,000 during the term <br /> of the agreement. <br /> <br /> <br /> <br /> <br /> Edward S. Raya <br /> Executive Director <br /> Personnel Services Agency <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> 251-2 <br />