Laserfiche WebLink
20.2 The EMPLOYER shall make the following contributions to the Cafeteria plan, <br /> Year 2018 $1070 per month per employee <br /> Year 2019 $1090 per month per employee <br /> Year202O $1100 per month per employee <br /> 20.3 EMPLOYER and the UNION agree that if health insurance premiums increase <br /> 10% or more any year of this AGREEMENT, both parties will reopen the related <br /> provisions of this contract and negotiate EMPLOYER'S insurance contributions. <br /> 20.4 EMPLOYER and the UNION agree that in consideration for the wage and benefit <br /> increases in this AGREEMENT, Union members shall remain in the City' <br /> sponsored health insurance program for the duration of this AGREEMENT. <br /> 20.5 POST EMPLOYMENT HEALTH CARE SAVINGS PLAN- UNION members are <br /> eligible to participate in the Minnesota Post Employment Health Care Savings Plan <br /> established under Minnesota Statute Section 352.98 (2001) and as outlined by the <br /> Minnesota State Retirement System Trust and Plan Documents. All funds collected <br /> by the EMPLOYER on behalf of employees will be deposited into the employee's <br /> Post Employment Health Care Savings Plan account. <br /> 20.5.1 All employees with at least five years of service in the Public Employees <br /> Retirement Association shall contribute the dollar value of the amount of <br /> Paid Time Off balance at the end of each calendar year that exceeds the <br /> maximum allowed carryover of PTO hours. Hour's in excess of the <br /> maximum carryover at the end of each year, up to a maximum of sixteen <br /> hours, shall be paid into the employees Post Employment Health Care <br /> Savings Plan at the hourly rate in effect at December 31st of that year. <br /> Payments shall be made to the employee's Post Employment Health <br /> Care Savings Plan by the EMPLOYER within 30 days of the close of the <br /> calendar year. If the employee dies before the annual lump sum <br /> payment is remitted by the EMPLOYER, the payment will be made to the <br /> employee's heirs. <br /> ARTICLE XXI — HOLIDAYS <br /> 21.1 The EMPLOYER will provide eleven (11) paid holidays. The holidays will be <br /> designated as follows- <br /> New Year's Day Veteran's Day <br /> Martin Luther in Day Thanksgiving Day <br /> President's Day Day After Thanksgiving <br /> Memorial Day Christmas Day <br /> Fourth of July One (1) Floating Holiday <br /> Labor Day <br /> Floating holiday to be taken at the discretion of the employee with the <br /> EMPLOYER'S consent. <br /> 10 <br /> 31 <br />