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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />MARCH 5, 2012 <br />TITLE: <br />RESOLUTION PERTAINING TO <br />EXECUTIVE MANAGEMENT EMPLOYEES <br />J 1M <br />CITY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />? As Recommended <br />? As Amended <br />? Ordinance on 1s` Reading <br />? Ordinance on 2"d Reading <br />? Implementing Resolution <br />? Set Public Hearing For_ <br />CONTINUED TO <br />FILE NUMBER <br />Adopt a Resolution regarding certain terms and conditions of employment pertaining to Executive <br />Management employees. <br />DISCUSSION <br />It is the City's desire that unrepresented Executive Management (EM) employees be subject to <br />the following adjustments in wages and benefits: <br />1) CalPERS Retirement: <br />Effective January 1, 2012, CaIPERS miscellaneous unrepresented Executive <br />Management employees will make additional contributions to CalPERS for the cost of the <br />2.7% @ 55 retirement benefit, for a total contribution of 8%. <br />Effective January 1, 2012, CaIPERS safety unrepresented Executive Management <br />employees (e.g., Police Chief and Fire Chief) will make additional contributions to <br />CaIPERS for the cost of the 3% @ 50 retirement benefit, for a total contribution of 9%. <br />2) Vacation Cash Out: Executive Management employees will defer the cash-out of <br />longevity vacation leave time for the remainder of fiscal year 2011-12. <br />55A-1