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21 <br />agreement and as applicable under Sections 14.2 G.1, 14.2 G.2, 14.2 H.1 and 14.2 H.2 <br />above. <br /> <br />14.3 Dental <br /> <br /> The City shall contribute an amount necessary to provide dental care benefits for the individual <br />employee and eligible dependents. The annual maximum will be $2000 per person per <br />calendar year. Maximum orthodontia coverage shall be $2,000 lifetime allowance. <br /> <br />14.4 Vision <br /> <br /> During the term of this Memorandum of Understanding, the City shall contribute the premium <br />necessary for the VSP Vision Plan family coverage for health insurance participants who are <br />not covered by Kaiser. <br /> <br />14.5 Long Term Disability <br /> <br /> The City's maximum monthly long-term disability insurance premium contribution shall be <br />twenty-three dollars ($23.00). The City shall not be obligated to contribute an amount in <br />excess of twenty-three dollars ($23.00) throughout the term of this agreement. <br /> <br />14.6 Life, Accidental Death and Dismemberment Insurance <br /> <br /> The City shall contribute an amount necessary to provide $50,000 life and $50,000 accidental <br />death and dismemberment insurance coverage for Association members. The monthly <br />premium for such insurance coverage shall be paid by the City during the term of this <br />agreement. <br /> <br />Section 15. Retirement <br /> <br />15.1 Payment of Employee Contribution to PERS <br /> <br />Employees classified as “Classic Employees” (i.e., those eligible for the 3% @ 50 or 3% @ 55 <br />retirement benefit) shall contribute ten and one-half percent (10.5%) to the Public Employees’ <br />Retirement System (PERS). Such contributions shall be made pre-tax in accordance with <br />applicable law. Effective June 2, 2018, employees classified as “Classic Employees” will pay <br />an additional one and one-half percent (1.5%) toward the employer’s pension contribution rate <br />for a total PERS contribution of 12%. The parties mutually recognize and acknowledge that <br />the cost-sharing provisions provided herein will be counted towards cost-sharing terms set forth <br />in Government Code section 20516.5. <br /> <br />For employees defined as “new members” by CalPERS pursuant to the Public Employees’ <br />Pension Reform Act (“PEPRA”), will pay a member contribution equal to fifty percent of the <br />normal cost of their retirement benefit as determined by CalPERS. <br /> <br />15.2 PERS Plan Options <br /> <br /> The City’s contract with PERS provides for the following options: Credit for Unused Sick <br />Leave; 3% @50 Retirement Formula; Single Highest Year Option; and the PERS Military <br />Buyback Provision.