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<br />Section 125 Cafeteria Plan has a cost for outside administration but was offset by the <br />savings the City receives in paying FICA match on a lower salary. <br />Employee Assistance Program, EAP, annual estimated cost at $8,400 <br />Term Life Insurance and Long-Term Disability Insurance is paid through the Pension <br /> Plan at an estimated cost of $150,000 <br />Workmens’ Comp paid by the City at an estimated cost of $489,000 <br />Merit and Longevity Pay is received by the Police and Fire departments. This is <br /> included in salary reported and the cost to the City is $46,000 for Longevity pay and <br /> $14,000 for Merit pay. <br />Educational Pay – additional educational pay is available to the Police and Fire <br /> departments. A Tuition Reimbursement is offered to City non-uniform employees. <br /> It has a cap of $500 per year per employee with a total cap of $9,500 per year of all <br /> who apply. This is reported in the salary cost. Council asked to have a list of how <br /> many have participated in the Tuition Reimbursement in recent years. Council also <br /> asked for a report to show what other Cities are offering their employees in tuition <br /> reimbursement. <br />Police residency allowance – Ms. Watson stated that it has been a policy for a long <br /> time. It grants officers $120 a month for a total cost to the City for $32,000. It is <br /> included in salary cost. <br />? <br /> Employee Leave Plans <br />Vacation dependent on years of service <br />Sick leave at one day per month <br />Funeral, Jury, Voting and Wellness (honored with one or two days extra reward) <br />Family Medical Leave provided according to Federal Law <br />Holidays and Police Rec Days <br />? <br /> Retirement Benefits <br />Non-uniform Pension Plan with City currently paying 6.5% and employee paying 3% for <br /> an estimated cost of $451,000. <br />Uniform Pension Plan payment with City currently paying 6% and employee paying 5% <br /> for an estimated cost of $456,000. <br />457 Deferred Compensation Plan paid solely by employee <br />Council will have two study sessions on Pensions, the first to be more of an educational <br />session to explain the City’s pension plan, and the second will be a study session with <br />the University City’s Pension Board. <br />? <br /> Miscellaneous Benefits as housing program which provides up to $4,000 for full-time <br />employees who purchase a home in the specified area of the City. Also an Alternative <br />Transportation allowance is offered which provides a small payment to employees <br />utilizing alternative transportation. Employees are also offered a Centennial Commons <br />membership and a discounted facility rental, if requested. Uniforms are provided in <br />some departments and also an annual uniform payment to Firefighters. Public Works <br />has a contract with a uniform cleaner. <br /> <br />The Council discussed some of the pros and cons of merit based salary increases and <br />raises based on steps. Ms. Watson said that some Cities just do merit increases, others <br />do a combination of both merit and steps, while the majority of Cities do the step <br />increases. Council asked Ms. Watson to prepare a global report of benefits offered by <br />other Cities and a report on which Cities offer merit raises and step raises. <br /> <br /> <br /> <br /> <br />