RES 85178 - Laserfiche WebLink

14.2 Dental Effective March 1, 1985, the City shall contribute an amount not to exceed thirty eight dollars and eighty two cents ($38.82) per month per employee to provide dental care benefits under the City's present Banker's Life Nebraska Plan for the individual employer and eligible dependents. 14.3 Life, Accidental Death & Dismemberment and Long-Term Disability The City shall contribute an amount necessary to provide $20,000 life and $20,000 accidental death and dismemberment insurance coverage for the individual full time employee. Effective March 1, 1985, the City shall contribute an amount necessary to provide long-term disability insurance under the present Standard Insurance Company group policy or an acceptable alternative plan for the individual full time employee; provided, however, that in no event shall the City be obligated to contribute an amount in excess of one and fifty one-hundredth dollars ($1.50) per one hundred dollars ($100) of monthly salary of the first $2,250 of monthly salary not to exceed a total contribution of thirty-three and seventy-five one hundredth dollars ($33.75) per month per employee. 14.4 Health and Welfare Benefit Continuation Employees off work due to verifiable personal illness and having exhausted their accrued sick leave benefits set forth in Section 12 shall continue their eligibility for health and welfare payments in accordance with Section 14. Employees off work on leaves of absence without pay shall not be eligible for said health and welfare benefit payments. Section 15. Retirement The City shall amend it PERS Local Miscellaneous Member Retirement Plan for the purpose of adopting the PERS "credit for unused sick leave option." Effective March 1, 1982, the City shall pay the employee's contribution to the Public Employees' Retirement System (PERS). The amount of said City payment shall equal, but not exceed seven percent (7%) of the employee's compensation subject to retirement contributions. -21-