RES 87460 - Laserfiche WebLink

worked. Utilization of compensatory time off shall be by mutual agreement between the department head and the employee. Upon termination, the employee shall be paid for his/her unused compensatory time. Once a year, confidential employees may be paid for all accrued compensatory time. Said payments shall be made on the first pay day in December. Written requests for payment must be made by the employee fifteen (15) days in advance of the first pay day in December. 4.2 Performance Bonus. Management employees may be eligible for a performance bonus up to a maximum amount not to exceed five percent (5%) of their base annual salary. Said bonus shall be paid in one lump sum. 4.3 Holiday Pay. Middle Management (except Fire Battalion Chiefs) and Confidential employees required by their department director to work on a holiday shall be eligible for overtime compensation equal to twice that compensation established for regular time. Fire Battalion Chiefs in lieu of observing holidays shall receive an amount equal to seven and one half (7-1/2) percent of their annual salary exclusive of any overtime. Upon termination battalion chiefs shall receive pro rated holiday pay. Section 5. Health and Welfare 5.1 Medical Insurance Management and confidential employees and their eligible dependents shall be offered enrollment in any one of the following three health plans: Blue Cross, Kaiser S-1 or Foundation Health Plan. The total monthly premium of the health plan selected shall be paid by the city. For the purpose of providing health coverage for management and confidential employees who retire for service (not disability) with a minimum of ten years of city service, the city shall contribute the sum of one hundred fifty dollars ($150.00) monthly. Said contribution shall cease upon the employee's sixty fifth (65th) birthday. - 5 -