Res92 11855 - Laserfiche WebLink

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service in PERS. For the Public Safety Personnel , the City shall provide the 2% at 50 formula retirement plan with the retirement allowance based on the employee's highest single year. The City shall contribute on behalf of members of the Executive Service seven percent (7%) towards the employee's contribution to the Public Employees Retirement System. The City shall provide employees who are within three (3) years of retirement, at each such employee' s option and upon the employee' s commitment to retire, either a seven percent (7%) increase on the base salary or a seven percent (7%) payment toward the employee' s retirement contribution. If the employee elects the seven percent (7%) salary increase, the increase shall not be reported in the salary schedule, but shall be subject to retirement deductions. Please refer to the appropriate Public Employees' Retirement booklet for details of the 2% at 60 or 2% at 50 formula retirement plan benefits. Educational Expense Reimbursement - Executive Service employees shall be eligible for reimbursement of costs of tuition, registration fees, books and supplies, and other educational expenses incurred in connection with enrollment in and successful completion of courses of instruction related to the employee's position with the City or a higher position with the City. Effective October 1, 1991, an employee shall be eligible to receive reimbursement not to exceed six hundred-fifty dollars ($650.00) per fiscal year, provided that the courses of instruction require attendance at an accredited community college or university, are part of a curriculum leading to a degree or given by an accredited institution of learning, are approved in advance of enrollment by the Personnel Director and the employee's department head, and the employee successfully completes such course submitted for reimbursement with a grade of "C" or better. The Educational Expense Reimbursement Program may be used for professional development workshops or seminars. Senior Executives shall receive an additional $750.00 per calendar year which may be applied toward flexible benefit plans established by the City. The Personnel Officer may establish standards and criteria and enact such rules, regulations, procedures and policies as are necessary or appropriate to implement the provisions of this section. Use of Personal Vehicle and Mileage Payment Mileage Payment - The City shall reimburse employees for those miles employees are required to drive their personal vehicles in the performance of assigned job duties as follows: 16 •