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HomeMy WebLinkAboutReso 116-05 BenefitPlanAmendmt RESOLUTION NO. 116 - 05 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN * * * * * * . . * AMENDING THE BENEFIT PLAN WHEREAS, the Personnel System Rules requires the City Council to adopt a Benefit Plan; and WHEREAS, the Benefit Plan prescribes the current benefits provided to employees by the City. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin hereby amends Resolution 109-91 and subsequent amendments to include the fol1owing: Section 1. Elil!ible Employees: All benefits shall apply to full-time employees of the City of Dublin, unless otherwise stated. The benefits outlined in this plan shall not be provided to temporary, provisional or contract employees, or to individuals who provide services to the City pursuant to contract unless the contract explicitly provides for such benefits. Section 2. Medical Insurance: All City employees who are members of the Public Employees Retirement System (PERS) shall be eligible to select ITOm plans administered by the Publìc Employees Medical and Hospital Care Act. Beginning with the July 1, 2005 premium, the City of Dublin will contribute a maximum of up to $922.19 per month premium, exclusive of administrative charges, towards medical insurance. If the cost of coverage exceeds the amount of the City contribution, the additional cost will be paid by the employee through payroll deductions or at the employee's option to the extent allowed by Section 4 of the Benefit Plan. Section 7. Retirement: The City will provide the California Public Employees Retirement System 2.7% at age 55 (Section 21354.5 of the California Public Employees' Retirement System Plan), effective August 20, 2005 and One Year Final Compensation (Section 20042 of the California Public Employees' Retirement System plan) to all eligible employees__ The City Council shall have the authority to amend the plan to include benefit options offered by the Public Employees Retirement System. The City shall contribute to the Public Employees' Retirement System (PERS) on behalf of all covered employees, seven percent (7%) of the employees' statutory contribution required by PERS. Contributions made pursuant to this section shall be reported as "paying and reporting employee contributions by the contracting agency." Said contributions shan not be provided to temporary, provisional, or contract employees or to individuals providing services to the City pursuant to contract unless the contract explicitly states that the City is to pay the employee's contribution rate required by PERS. City employees shall pay 1% of the employees' contribution rate effective August 20, 2005. The City shall apply the provisions of Internal Revenue Code (IRC) 414 (h) (2) to the eligible payroll deductions for employee PERS contributions so long as such provision remains available to the City. Section 9. Deferred Comoensation Plan: Participation in a variety of deferred compensation plans is offered. These shall be a voluntary programs and the City will not contribute any funds on behalf of an employee. Participation is currently offered in programs administered by the International City Management Association. Section II. Education Reimbursement: Full-time and regular part-time employees shall be eligible to participate in an education reimbursement program. The City shall only reimburse the employee for courses undertaken which are job related, or are part of a job related course of study and/or degree program. The employee must obtain prior authorization ITom the City Manager and reimbursement will only be provided upon submittal of proof of satisfactory completion of the courses undertaken with a passing grade when applicable. The City will reimburse an amount equal to 75% of the employee's tuition and/or fees, (including books). For full·time employees, the amount reimbursed shall not exceed $1,400 per Fiscal Year; for employees scheduled to work between 20-39 hours per week, the amount shall be pro- rated based on regularly scheduled hours. The payment of any reimbursements shall be contingent upon the fulfillment of reporting requirements established by the City Manager PASSED, APPROVED AND ADOPTED this 21" day ofJune, 2005. AYES: Councilmembers Hildenbrand, McCormick, Oravetz, Zika and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None if K2/G/6-21--o5/reso 116-05 Amend Benefit Plan (Item 4.13)