RES 84263 - Laserfiche WebLink

14.2 Dental Effective March 1, 1984, the City shall contribute an amount not to exceed thirty f~ve dollars and fifteen ($35.15) 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 $10,000 life and $10,000 accidental death and dismember- ment insurance coverage for the individual full time employee. Effective July 1, 1980, the City shall improve the aforesaid coverage to $20,000 life and $20,000 acci- dental death and dismemberment coverage. Effective March 1, 1984, the city shall contribute an amount necessary to provide long term disability insurance under the present Standard Insurance Company group policy 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 Seven one-hundredths Dollars ($1.07) per one hundred dollars ($100) of monthly salary of the first $2,250 of monthly salary not to exceed a total con- tribution of Twenty-four and Eight One-hundredths Dollars ($24.08) per month per employee. Effective June 2, 1984 said maximum monthly City contribution shall increase to one and twenty five one hundredth dollars ($1.25) per one hundred dollars ($100) of the first $2,250.00 of monthly salary. Should the present monthly premium for said long-term disability insurance of one and seventy nine one hundredth dollars ($1.79) increase, however, the City shall increase its maximum monthly contribution rate by one half (1/2) of said increase up to a maximum additional increase of twenty five cents per one hundred dollars ($100) of the first $2,250 of monthly salary. In no event during the term of this agreement shall the City be obligated to con- tribute 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. Section 15. Retirement The City shall amend its PEAS Local Miscellaneous Member Retirement Plan for the purpose of adopting the PIERS "credit for unused sic}: leave option." Effective March 1, 1982, the city shall pay the employee's contribution to the Public Employees' -21-