| Retirement |
PERS 2.7% @ 55 Plan. City pays employer contribution (16.914%). Employee pays 2% of the 8% employee contribution.
New Hires effective October 1, 2010 or after – PERS 2% @ 60 Plan. City pays employer contribution (16.914%). Employee pays 7% employee contribution. |
| Post Retirement |
Health Benefits |
| Health Plan |
City pays up to $1,226.63 monthly for premiums under the PERS Medical Program or $610.44 monthly cash in lieu of health insurance with proof of other coverage. |
| Dental |
City pays premium for full family coverage. |
| Vision Care |
City pays premium for full family coverage. |
| Life Insurance & AD&D Ins. |
One and one-half times annual salary to $150,000 maximum. (Premium 20.5 per $1,000 of insurance) |
| Long Term Disability |
Two-thirds of salary with a current maximum benefit of $10,000, after a 29-day waiting period. (Premium - .65 per $100 covered) |
| Vacation Leave |
1-5 years |
128 hours |
| 5-10 years |
168 hours |
| 10+ years |
208 hours |
| Vacation Buyback |
May receive cash for up to 80 hours of accrued vacation in March and October of each year. |
| Administrative Leave |
Up to 80 hours may be granted per fiscal year. |
| Sick Leave |
Eight hours accrued per month. |
| Bereavement Leave |
Up to 3 days, except if household member or out of state up to 5 days. |
| Holidays |
Fourteen per year. (12 set holidays, 2 floating) |
| Longevity Incentive Plan |
At 5, 10, 15 years, etc., employee receives a bonus week of vacation time, that year only. |
| Deferred Compensation |
The City administers deferred compensation plans through ICMA, VALIC and CalPERS. A matching employer contribution up to $110 per month is available. Employees may invest income on a pre-tax basis up to an annual maximum of $17,000, including the employer match. |
| Flexible Benefits Plan |
A voluntary plan that allows employees to set aside earnings to pay for certain eligible dependent care and health care expenses on a pre-tax basis. |
| Spanish Bilingual Pay |
$600 per fiscal year. |
| PERS |
Is not configured into base salary. |
| Medicare |
City pays 1.45% and Employee pays 1.45%. |
| FICA |
The City contracts with CalPERS for retirement benefits, therefore the City does not contribute to FICA. |