RES 90084 - Laserfiche WebLink

12.4 Life, Accidental Death and Dismemberment Insurance As soon as practical but no later than June 1, 1990 the city shall increase the present employee $10,000 life and $10,000 accidental death and dismemberment insurance coverage to $25,000 life and $25,000 accidental death and dismemberment insurance coverage. The monthly premium for life insurance coverage shall be paid by the city. Section 13. Retirement 13.1 Payment of Employee Contribution to PERS Effective January 1, 1988, the City shall pay the employee's contribution to the Public Employees' Retirement System (PERS), to incl:~de the "Single Highest Year" option. The amount of said City payment shall equal but not exceed nine percent (9%) of the employee's compensation subject to retirement cont~?~butions. The city shall allow an employee one time to convert from city payment of the employee's nine percent (9%) PERS contribution to employee payment of the nine percent (9%) PERS contribution. The employee's base monthly salary shall be increased nine percent (9%). Section 14. Uniforms The City shall provide all necessary safety and protection clothing, as defined by the City Manager. The City shall provide fifty percent (50%) of the initial purchase price of uniforms for those employees required to wear a prescribed uniform. 14.1 Uniform Allowance Effective April 1, 1990 the annual uniform allowance shall be increased to Five Hundred and Twenty Dollars ($520.00). Section 15. Credit Association The City shall offer a voluntary payroll deduction option for those employees who wish to join the City and County Employees Credit Union for the purposes cf transacting business with such credit union. Memorandum of Understanding Page 15