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25G - AGMT - CASA MOU
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25G - AGMT - CASA MOU
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Last modified
8/3/2015 9:12:06 AM
Creation date
7/30/2015 5:02:20 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Personnel Services
Item #
25G
Date
8/4/2015
Destruction Year
2020
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B. Effective October 1, 2014, employees covered under this MOU began <br />participating in the "Vantage Care" Retirement Health Savings Plan <br />(RHS), as earlier implemented by the City, which designated ICMA -RC <br />as the administrator of the plan. At that time, employees covered <br />under this MOU received a one -time increase of 1.25% in their base <br />pay, which amount was deposited into their individual RHS accounts <br />each pay period going forward. <br />C. Employees covered under this MOU shall continue to contribute 1,25% <br />of their base pay each pay period to the RHS plan, which amount shall <br />be deposited into the employee's individual RHS account, <br />CONFIDENTIAL ASSOCIATION OF SANTA ANA(CASA� MOU: 2015 -2017 <br />25G -56 <br />Page 54 <br />
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