AgdaPkt 2011-06-27 - Laserfiche WebLink

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TENTATIVE AGREEMENT BETWEEN CITY OF REDWOOD CITY 6.1.13. - Page 9 AND REDWOOD CITY POLICE OFFICERS' ASSOCIATION (RCPOA) 10.2.2 City Contribution: For each active, full -time employee enrolled in a City- provided medical plan, the City will provide, on a monthly basis, a Cafeteria Plan Allowance equal to the cost of premium for the employee's selected plan and level of coverage, up to the cost of the Kaiser Bay Area/Sacramento Region three (3) party premium per month per employee minus any costs incurred by the City to maintain said Cafeteria Plan in compliance with IRS Code Section 125, and minus any costs incurred by the City to maintain the Group Health Benefits Plans in compliance with Government code Section 22750, et. seq. Such costs include, but are not limited to, surcharges and/or administrative fees Effective January 1, 2012, if an employee elects no health coverage and shows evidence of other coverage, $100 per month will be credited to the employee's flexible spending accounts. 10.2.3 For permanent part -time employees working (20) or more hours per week covered by the MOU this amount shall be prorated. 10.5 Life Insurance Effective September 1, 2011, the City shall provide employees Basic Life Insurance coverage of $50,000, and Accidental Death and Dismemberment (ADD) coverage of $50,000. 14.1 Retirement Plan Retirement benefits for employees shall be those established CalPERS for Local Safety Members Two Percent (2 %) at Age Fifty (50) Formula. Effective the first full pay period that includes July 1, 2004, retirement benefits for employees hired before the date of the City's amendment of its contract with CalPERS shall be those established by CalPERS for Local Safety Members Three Percent (3 %) at Age Fifty (50) Formula. Retirement benefits for employees hired on or after the date of the City's amendment of its contract with CalPERS will be those established by June 9 2011 6