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6.13. - Page 19 of 366 <br />TENTATIVE AGREEMENT BETWEEN REDWOOD CITY AND <br />REDWOOD CITY MANAGEMENT EMPLOYEES ASSOCIATION <br />RE: 2028 SUCCESSOR MOU <br />All such employee contributions toward employer cost of retirement will be made on a pre-tax basis to the <br />extent permitted under the Internal Revenue Service IRS regulations. ' Effective Au uc�st <br />28, 2016, the City adopted a resolution addressinq Section 414(h)(2) of the Internal Revenue Code as <br />permitted by law. <br />MOVED ABOVE <br />15.4 Reopener <br />If any court of competent jurisdiction or legislative change requires additional member contributions above those <br />provided for in the MOU, the parties shall reopen the agreement for purposes of meeting and conferring about <br />applying the amount of member payment of the employer contribution to CaIPERS (cost sharing) to member <br />contributions, <br />ARTICLE 16 <br />PAY <br />16.1 Pay Period <br />Management unit employees shall be paid bi-weekly on Fridays, <br />All RCMEA members are required to participate in a mandatory direct deposit program. <br />16.2 Salary Increases <br />16.2,1 <br />00059814-1 <br />(3,14) GeM ef living <br />0 <br />nla8S'finati9.i8 Fepresented by RQMEA <br />Effective the first full pay period on or after October 1 2018 contingent on Association <br />ratification by October 10 2018 there will be a three percent 3% cost of living salary increase <br />for all classifications re resented by RCMEA, <br />Effective the first full pay period on or after October 1 2019 there will be a three percent (3%) <br />cost of living salary _increase for all classifications represented by RCMEA <br />Effective the first full pay period on or after October 1, 2020, there will be a two and one half <br />percent 2,5% cost of living salary increase for all classifications represented by RCMEA <br />In addition, effective the first full pay period on or after October 1 2020 if the City's Sales Tax <br />revenue for fiscal year 2019-20 meets or exceeds $24.5 million (currently projected by the City to <br />be $24.6 million), there will be an additional one percent (1.00%) cost of living salary_increase for <br />14 <br />38 <br />