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The City shall contribute an amount necessary to provide $50,000 life and $50,000 accidental death and dismemberment insurance coverage for the individual full-time employee. Employees may purchase, at the employees' own expense and within the limits set by the insurance carrier, additional amounts of life insurance under the existing policy. 163 Vision Care A vision care plan will be provided as an option for employees and the cost of such coverage shall be included in the 125 Plan (see Section 16.6). 16.6 Cafeteria Plan An IRC Section 125 Cafeteria Plan is provided to each full-time employee who is eligible to enroll in one of the medical insurance plans offered by the City of Pleasanton as outlined in the Plan Document. The 125 Cafeteria Plan provides employees with a one-tier credit formula which provides employees the opportunity to obtain plan credits for the purpose of: (1) purchasing supplemental benefits; (2) redirecting credits to a flexible spending account pursuant to IRC 125; or (3) cashing out credits at a rate of$0.35 on the dollar. The one-tier credit formula is based on the combined sum of Kaiser and VSP "employee only" premium, adjusted by the City, dollar-for-dollar for annual rate increases. Proof of other coverage from another carrier is required to waive the medical benefit. In the event that an individual employee loses his/her primary coverage, the City will allow the employee to re-roll in the City's health plans within thirty (30) days of receiving notice that primary coverage has been lost, thereby enabling the continuation of benefits to the employee. The balance of the cost incurred to provide medical, dental and vision care benefits for the employee and eligible dependents above the city's contribution will be paid by the employee on a pre-tax basis. Vision coverage may also be waived in order to receive credits in lieu of benefits and does not require coverage by the spouse or partner. In the event the amounts are insufficient to pay 100%, the Employer shall make a payroll deduction from the employee's pay to cover the difference in cost. For the purpose of this Section, a dependent is defined as a person who satisfies the definition of dependent in the medical insurance plan in which the employee is enrolled. Such dependents must also be enrolled in and covered by the plan. The maximum contribution limits of medical reimbursement for the Section 125 Cafeteria program is $2,500 per year. The City will take into account the employees' interests in supplemental insurance products, to the extent that these benefits can be offered within an IRC 125 Plan on a pre-tax basis. 16.7 Long-Term Disability The City shall pay to the Union the sum of nineteen dollars and fifty cents ($19.50), up to a maximum of twenty-three dollars ($23.00) as the monthly premium of each employee enrolled in the Union's long- term disability plan. Said payments shall be made in arrears monthly. Should the monthly premium of the Union's long-term disability plan drop below fifteen dollars per month, the dollar difference shall be added one time to the rate of pay set forth in Section 5.1 of this agreement. 16.8 Extended Benefits 28