Loading...
HomeMy WebLinkAboutReso 133-1993 RESOLUTION NO. 133-93 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION AMENDING THE COMPENSATION PROGRAM FOR EXECUTIVE MANAGEMENT PERSONNEL BE IT RESOLVED by the city Council of the City of South San Francisco that the Executive Management Compensation Program adopted by Resolution 14-89 is hereby amended as set forth 5n Exhibit "A". The remaining provisions of the Program and suDsequent amendments not in conflict with the amendments contained in Exhibit "A" shall remain in full force and effect through June 30, 1994. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a regular meeting held on the 10th day of November , 1993 by the following vote: AYES: Councilmembers Joseph A. Fernekes, John R. ?enna, and Mayor Roberta Cerri Teglia NOES: None ABSTAIN: Councilmembers Jack Drago and Robert .Yee ABSENT: None EXHIBIT A TO RESOLUTION NO. 133-93 CITY OF SOUTH SAN FRANCISCO EXECUTIVE MANAGEMENT COMPENSATION PROGRAM JULY 1, 1993 THROUGH JUNE 30, 1994 The following revisions when incorporated into the existing EXECUTIVE MANAGEMENT COMPENSATION PROGRAM sets forth those salaries, benefits, terms and conditions of employment which shall be in effect for the period July 1, 1993 through June 30, 1994 and continuing thereafter, unless modified by the City Council. II. SALARIES Effective with the pay period including October 1, 1993, the salary schedule for all Executive Management employees shall be increased by one and one-half percent (1.5%). In addition to the salary provision stated above, the City has agreed in principle to the following and will make a good faith effort on behalf of the Executive Management employees to secure the new benefit noted: III. RETIREMENT BENEFITS Co Conversion of City Payment of Employee PERS Contributions to Base Salary This section is expanded to include a new sub-section 4. as follows: 4. IRS TAX EXEMPTION The City will request a letter ruling from the Internal Revenue Service granting a deferral from federal withholding taxes of the employees' contributions to PERS. In order to obtain this deferral the parties agree that the City will pick-up the employee's contribution to PERS for those members of the Executive Management group who elect on a one-time irrevocable basis to participate in the pick-up program. EXHIBIT "A" Page I of 2 pages V. INSURANCE BENEFITS C. VISION INSURANCE This section is expanded to include a new sub-section 1. which will apply to all Executive Management personnel: Vision Insurance for Retirees Effective July 1, 1993 retirees will be allowed to purchase vision insurance coverage for the retiree and spouse at the city's premium rate. Do DENTAL INSURANCE This section is expanded to include a new sub-section 1. which will apply to all Executive Management personnel: Effective July 1, 1993 retirees will be allowed to purchase dental insurance coverage for the retiree and spouse at the City's premium rate. EXHIBIT "A" Page 2 of 2 pages