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CM - CAVAZOS, DAVID - CONTRACTS AND ALL AMENDMENTS
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CM - CAVAZOS, DAVID - CONTRACTS AND ALL AMENDMENTS
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Last modified
6/28/2016 12:57:07 PM
Creation date
8/25/2015 8:06:07 AM
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Contracts
Company Name
CAVAZOS, DAVID
Agency
CITY MANAGER'S OFFICE
Council Approval Date
9/2/2014
Expiration Date
10/20/2017
Destruction Year
0
Notes
A-2013-118
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Investments made pursuant to the then current Statement of investment Policy for the <br />City of Santa Ana, will be deemed to meet the requlrements of this section. This <br />program is for medical Insurance premium reduction only. <br />C. Effective November 28, 2011, the Clty adopted a resolution authorizing <br />Implementation of the "Vantage Care" Retirement Health Savings Plan (RIMS), which <br />designated ICMA•RC as the administrator of the plan. <br />1. The City agrees to amend the current contract with IOMA -RC to allow <br />unrepresented Executive Management (EM) employees to participate in the Retiree <br />Health Savings Plan upon approval of the majority of Executive Management (EM) <br />employees. <br />2. Upon establlshment of the RHS and adoption of the RHS plan by <br />Executive Management (EM) employees, and upon instructions from Executive <br />Management (EM) employees the City's annual contribution of 1.75% deposited In the <br />Medical Retirement Subsidy Plan will cease. Concurrently with said cessation, the City <br />will Increase the bass pay of each Executive Management (EM) employee by 1,25% <br />with said amount being deposited into employees' individual RHS accounts each pay <br />period. This 1.25% increase In base Is inMlleu of the Annual City Contribution of 1.75% <br />pald to the Medical Retirement Subsidy fund In October each year. <br />3. If said RHS Plan is established after the annual payment of 1.75% into the <br />existing Medical Retirement Subsidy plan has been made, the salary adjustment and <br />deposit into the RHS of the 1.25% described in paragraph S.C.2. above will be effective <br />July 1, 2015. <br />A, Upon approval to participate in the RHS, Executive Management (EM) <br />employees will determine how the existing Medical Retirement Subsidy Plan funds will <br />be distributed among its membership and, if applicable, its retired members. Executive <br />Management (EM) employees will dissolve the existing Medical Retirement Subsidy <br />plan by June 30, 2016, unless said deadline has been extended by mutual agreement <br />of Executive Management (EM) employees and the City. <br />Section 9, Auto Allowance. With the exception of the Police Chief who receives a City <br />vehicle, the City will contribute five hundred dollars ($500) per month to each Executive <br />Management (EM) employee to offset reasonable and necessary expenses for the <br />operation, maintenance and Insuring of an automobile. in Ileu of receiving five hundred <br />dollars ($500) per month, the employee may request and be provided with an optional <br />vehicle. This provision is in accordance with and as specified In Section 2 -300, Division <br />1, Article IV, Santa Ana Municipal Code, <br />Section 10 Deferred Compensation, The City has established and maintains a <br />deferred compensatlon plan pursuant to the provisions of Section 457(b) of the Internal <br />Revenue Code, Executive Management (EM) employees covered under this resolution, <br />at his or her sole discretion, may defer to have deposited Into the City's 457(b) plan a <br />portion of his or her compensatlon up to the maximum amount permitted by law. <br />
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