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Ord 2367
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Ord 2367
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Last modified
12/13/2011 4:07:50 PM
Creation date
9/15/2011 2:14:09 PM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Ordinance
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
9/12/2011
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VL Conaibudoa Sourw and Amounu <br /> A. DeSnition of Earoing� <br /> The definition of Earninga will apply m all RHS Coacribution Fnturea rhat mference'Eaming,c , including Direa <br /> Employer Conaibutiom (Sa�[ion VI.B.l.) and MandamryEmployee Compeosacion Comributime (Sectioa VI.B,2J. <br /> DeSni�ioa of arninga: �' �' <br /> 8. Dlmt Hmployet Cmul6udom md Mandatory Comribotims <br /> 1. Dim� Employu Convibutioaa <br /> T6e Employer ahall eonrriburc oa behalf of each Pareiapant <br /> ❑ % of Eamings <br /> ❑ S euh Plan Yru <br /> ❑ A discreuoaary amomt m be determined cach Plan Yeaz <br /> ❑ Ot6er (describe): <br /> 2. Mandamry Employee Compensatim Contnbudons <br /> The Employer will makc mandacory wntributions oFEmployee wmpwation as follows: <br /> ❑ Reduction in Sala�y - % of Eaznings or $ will be contributed for the Plan Yar. <br /> � ❑ Decreased Merit or Pay Plw Adjustmmt - All or a portion of the Employees' aonual merit <br /> or pay plan adjuatment will be contributed as follows: <br /> An Employee shall p�have the riglu to discontinue or vary the nte of Mandatory Contributious of <br /> Employee Compensuion. <br /> 3. Mandamry Employa Leave Coauibutions <br /> The Employer will make mandamry contributions of accrued kave aa fopows (provide focmula for dercrmining <br /> Mandamry Employx Leave contributiom): <br /> � Accrued Sick I.eave <br /> � Accrued Yacation Leave J.Q12,f� Q�� VAt n�,� �n / s�t un bu.� tni .j ( lfl�^ <br /> ro���� dh��,. <br /> � o� �S t �'ia�> n�,�a �� <br /> �1�.���? <br /> An Employa shall n4tkave [he rig6t m diacoatiaue or vary the rue of mandamry leave wncribudons. <br /> C. 13mIn oa Toml Contn'6udom (check one bu� <br /> The rotal mntribution by the Employa on behalf of ach Puticipant (induding Direa Emplayer aed <br /> Mandarory Fmployee Conttibuaons) for eac6 Plan Year ahall not aaed the following limi�(a) below Limits <br /> on individual coatribuuon types are defined within the appropriate sation above. <br /> ( . <br /> . : _ � <br /> � ' � <br /> 4 . � . ..� . � . � . >. . . � - ' . . . . . ._ , � - <br />
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