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HomeMy WebLinkAbout6539 -~..... - ~ - 'or RESOLUTION NO. 6539 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, AMENDING RESOLUTION No. 5608 RELATED TO LONGEVITY PAY AND RETIRED HEALTH INSURANCE WHEREAS, City Council Resolution No. 5608 sets forth various fringe benefits and related compensation for officials, officers and management of the City; and WHEREAS, Section 36 of that Resolution provides for amendment and modification of Resolution No. 5608 (the Fringe Benefits Resolution) by City Council approved resolutions that direct inclusion of any changes as part of said Resolution. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS: SECTION 1. Section 6 of Resolution No. 5608 is hereby amended to read as follows: SECTION 6. STABILITY PAYILONGEVITY PAY. "a) Stabilitv Pav This feature of the Pay Plan was intended to encourage stability of employment by recognizing years of service with compensation. The plan pays 1 $25 per year for each year of consecutive service up to a maximum of twenty (20) years of service. Management Employees that were hired before July 1, 1982, and have five (5) years of consecutive service are eligible for Stability Pay. All Management Employees hired on or after July I, 1982 are not eligible for stability pay. The following schedule is used to calculate Stability Pay: Completed Years of Service Amount Completed Years of Service Amount 5 $125 13 $325 6 $150 14 $350 7 $175 15 $375 8 $200 16 $400 9 $225 17 $425 10 $250 18 $450 11 $275 19 $475 12 $300 20 $500 Cash stability payments are made once a year between December I and December 10 only to employees on the payroll as of December 1. Stability payments will be paid on a pro-rata basis to those employees that retired or are laid off prior to December I, provided they meet all eligibility requirements. 2 6539 b) LONGEVITY PAY Effective December 1, 2006, a Longevity Pay benefit will be implemented based on the following formula: . Completed Years of Service 5-9 Years 10 - 14 Years 15 Years and beyond Amount $1,000 $1,500 $2,000 Cash longevity payments are made once a year between December 1 and December 10 only to employees on the payroll as. of December 1. There is no pro- ration of this benefit. The foregoing amounts shall be subject to applicable payroll deductions." SECTION 2. Section 14, sub-section (a) of Resolution No. 5608 is hereby amended to read as follows: "a) An Executive Management employee would be eligible for retiree medical who retires on a service, disability, or industrial disability retirement under the following fomlUla; credit for half of prior years of public service up to a maximum of ten (10) years and five (5) continuous years of service with the City of Arcadia. A Management or General City employee is eligible for retired health benefits if he or she retires on a service, disability, or industrial disability retirement and has 125 days of accumulated days of sick leave at the date of 3 6539 retirement. Payment will cease for the eligible retiree once the employee is eligible for Medicare coverage. For employees retiring from the City on or after the adoption of Resolution No. 6539, the City agrees to pay the health insurance monthly premium cost for the spouse of an eligible City retiree. Payment will cease for the spouse upon eligibility for Medicare coverage or after 15 years, which ever occurs first. In order to be eligible for retiree health coverage, the employee, and if applicable, the employee's spouse, must be enrolled in a City- sponsored health plan as of the retiree's last day of work and maintain eligibility to continue in the CalPERS Health Program as stipulated by the Health Program." SECTION 3. Section 14, sub-section (b) of Resolution No. 5608 is hereby amended to read as follows: "b) In the event an eligible retiree or spouse is unable to secure coverage under the City's health insurance plan, the City agrees to reimburse the retiree for the cost of alternative coverage up to the cost of the employee-only, or if applicable, employee plus spouse health insurance monthly premium for CalPERS PersCare. To obtain reimbursement from the City, the retiree must submit sufficient proof to the City that he or she has obtained alternative coverage and has made the necessary premium payments. The retiree shall also notify the City immediately if such alternative coverage is cancelled or otherwise ceases. The 4 6539 retiree shall solely be responsible for obtaining and maintaining such alternative coverage." SECTION 4. The Administrative Services Director shall include all revisions to the Fringe Benefit Resolution No. 5608 that are made by this Resolution No. 6539 and shall provide for the original to be kept in the Office of the City Clerk with copies to all departments. SECTION 5. The City Clerk shall certify to the adoption of this Resolution. Passed, approved and adopted this 7th of November.: ,2006. ATTEST: ity Clerk of the City of Arcadia APPROVED AS TO FORM: . ~r~ City Attorney 5 6539 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS: CITY OF ARCADIA ) I, JAMES H. BARROWS, City Clerk of the City of Arcadia, hereby certifies that the foregoing Resolution No. 6539 was passed and adopted by the City Council of the City of Arcadia, signed by the Mayor and attested to by the City Clerk at a regular meeting of said Council held on the 7th day of November, 2006 and that said Resolution was adopted by the following vote, to wit: A YES: Council Member Harbicht, Segal, Wuo and Chandler NOES: Council Member Amundson ABSENT: None . Clerk of the City of Arcadia 6 6539