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HomeMy WebLinkAbout12.D.7. Amendment to Sergeant's Contract Post Retirement Health Plan " ~' 'f;;.~ ("L D 7 ~D-(:)~ To: Mayor and Council From: Mark McNeill, City Administrator Subject: Amendment to Sergeant's Contract-Post Retirement Health Plan Date: January 3, 2006 COMMENT: Introduction: The Council is asked to approve a change in the employee contribution rate towards a Post Retirement Health Care ( PRHC) savings plan. Background: This involves a contract change for the 8 member Police Sergeant's union. They agreed amongst themselves to certain wage deferrals as their contributions to a Post Employment Health Plan set to begin 1/1/06. (Each employee group may decide for themselves as to how much to contribute). The amounts that they originally agreed to were: 0-9 Years of Employment 3% deferral annually 10-13 4% 14-plus 2% As it was a contract issue, those provisions needed to be approved by Council, and were agreed to at your first meeting of December. Since then, staff attempted to set this up with the Plan's administrator, the State of Minnesota. We have very recently been informed that those percentages did not meet their guidelines, in terms of the number of employees in each designated area, plus problems with the continuity of contribution rates In gp~atina with the un~9n ~t~w~~dr thel have agreed to change the deferrals to: 0-9 Years of Employment 3~ deferral annually 10-plus years 4% . ~ Budget Impact: There is no additional budget impact on the City; if anything, the higher rate of contributions will slightly reduce the City's Medicare contributions for the participants. Visioning Relationship: This is a housekeeping item with no direct relationship to the City's overall Visioning Plan. Recommendation: Because we need to start deferrals for this program with the first pay period of the new year, this cannot wait until the second meeting of January. I recommend approval. Action Required: If the City Council concurs, it should, by motion, approve the amendment to Article XXVI of the Agreement with the Police Supervisors union, regarding employee contributions to their PRHP. 1U~~ Mark McNeill City Administrator " .- ADDENDUM POLICE SERGEANTS LABOR AGREEMENT ARTICLE XXVI POST RETIREMENT HEALTH CARE SAVINGS PLAN (HCSP) CONTRIBUTION SCHEDULE FOR POLICE SERGEANT GROUP Years of Service with Hire - Beginning 10th Beginning 14th Beginning of City of Shakopee 9 years year -13 years vear-25 years 26th year + % of per payroll contribution 3% 4% 4% 4% City Contribution $25/mo $25/mo $25/mo $25/mo Severance contribution of 100%* 100% 100%** 100%** unused sick leave balance 45% ofmax of960 hours Contribution of 50% 50% 50% 100% Accrued Vacation Accelerated Sick Leave N/A N/A 100% of 100% of Severance Payout Step-up Step-up Formula *** Formula*** *Upon eligibility after year 5 **For employees who are ineligible for Accelerated Sick Leave Payout *** Upon eligibility after year 15 Accelerated Sick Leave Severance Payout The City of Shakopee appreciates employees, who through long-term service and dedication, contribute to making the city a successful and positive service provider. In recognition thereof, the City acknowledges such long-term service by providing an accelerated sick leave payout formula listed below ifthe employee meets all the following conditions: . Full-time or part-time benefit-eligible employee employed by the City of Shakopee Police Department for 15 continuous years or more. . Employee must reach the age and service requirements to be qualified for retirement under PERA. . Employee is separating employment in good standing. . The percentage of the severance pay-out shall be based on a maximum of 960 hours of accumulated sick leave calculated on the basis ofthe employee's current annual base pay. . The accelerated severance payment will be deposited in the employee's HCSP account not later than the first regularly scheduled payday following the employee's final day of employment. " . Completion of Continuous Service With the City of Shakopee Step-up Payout formula 15 years 55% 16 years 57% .17 years 59% 18 years 61% 19 years 63% 20 years 65% 21 years 67% 22 years 69% 23 years 71% 24 years 73% 25 years 75% Anniversary date of full-time employment or part-time benefit-eligible date is used to compute years. of service with Shakopee. This addendum shall be effective as ofthe first (1st) day ofJanuary, 2006 and shall remain in full effect until the thirty-frrst (31st) day of December, 2006. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on this day of ,2006. FOR THE CITY OF SHAKOPEE FOR LELS Mayor Union Steward City Administrator Local Representative City Clerk