55A - RESO - AMEND COMP - Laserfiche WebLink

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J, Y- a ing. In special circumstances the City Manager may approve compensating an employee in excess of the salary range of the classification to which he or she is assigned by "freezing" the employee's salary at the current rate. In such cases, Incumbents will not receive step increases or current and future general "across - the- board" salary adjustments scheduled for other classes until the salary level is equal to or greater than the "frozen" salary for the assigned classification. K, Z- Rating. A ZwRate is a special salary rate established by the City Manager which allows an employee who has been reclassified to a classification at a lower salary rate range to be paid at a rate of pay higher than that assigned to his or her reclassified position title for a specified transition time period, Section 4. _ealntl an fa Berle its. The following optional insurance benefits available to Executive Management (EM) employees are provided through a cafeteria plan adopted in accordance with the provisions of internal Revenue Code § 125, The City will contribute to the cafeteria plan in the highest amount as available to represented management employees. Since the City contracts with CaIPERS for medical insurance, the amount described above will include the VIPERS statutory minimum paid by the City, A. iv edical insurance. Eligible Executive Management (EM) employees may select any of the medloal Insurance plan options offered by CaiPERS. B. Dental insurance. Eligible Exe0LItIVe Management (EM) employees will have the ability to select either an HMO or PPO dental insurance plan, C. Vision Insurance, Eligible Executive Management (EM) employees will have the ability to select vision insurance coverage through the City's insurance provider, D. Cash -in -Lieu of Benefits. Executive Management (EM) employees will be eligible to receive cash (subject to taxation as wages) through the cafeteria plan if they either opt -out of receiving one of the optional benefits provided through the plan or if they choose optional benefits that do not cost as much as the maximum dollar amount they receive through the plan. E. Emr)lovee Contrib�, i�,�on fnr Benefits. If an Executive Management (EM) ernployee chooses optional benefits whose aggregate premium cost exceeds the maximum City Contributions to the Cafeteria flan, the City will automatically deduct the excess premium amount on a pre -tax basis from the employee's regular paycheck, F. Disability Insura e. The City will pay one hundred percent (100 %) of the premium cost for a long -term disability insurance plan under the policy it maintains on behalf of its employees In order to provide Executive Management (EM) employees a monthly benefit of sixty -six and two- thirds percent (Gtr 213) of base monthly salary (Insured payroll), less offsets conlalned in the existing plan, to a maximum monthly benefit of $5,000. 55A -21