Res 2005-127 - Laserfiche WebLink

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5.2 Employee Benefits for the Designated Employee The Authority shall provide to the Designated Employee at the Commencement Date employee benefits in accordance with those benefits set forth below. Thereafter, the Authority shall provide the Designated Employee the same benefits provided to other employees of the Authority, and nothing in the Service Agreement or this Appendix shall preclude the Authority from changing its employee benefits at any time and from time to time. Benefits Description Eligibility Medica] Self-Insured through Benesight, Inc. First of the month following 2 months $500 deductible, individual $20 co-pay, 90% in network; of employment $] ,000 deductible, family 70% out-of-network Prescription Drugs ($] 0, $25, $40) Medco Health Solutions (Emp]oyee Only - $9.23 bi-week]y) ..- Denta] Se]f-Insured through Benesight, Inc. First ofthe month following 2 months $50 deductible, individual (Emp]oyee Only - $0.46 bi-week]y) of employment $] 50 deductible, family Vision Self-Insured through Benesight, Inc. First ofthe month following 2 months $50 eye exam (Cost combined with dental) of employment Frames/lenses/contacts up to $]50 per calendar year F]exib]e Benefits Plan Medical/Dependent care Completion of one month of Pre-taxed dollars employment Life Insurance Jefferson Pilot Financia] First ofthe month following 2 months 2 Y2 X annual salary, AD&D of emp] oym ent No cost to emD]oyee Long Term Disabi]ity Jefferson Pilot Financia] First of the month following 2 months No cost to employee of employment Defined Benefit Retirement Plan Wells Fargo, Trustee January] or Ju]y ] enrollment after Ru]e of 85 (Age & Accrual Service completion of ] ,000 hours of service equal to 85 or more years and age 60 or more years) 100% Vested after 5 years 457 Retirement Savings Plan ICMA -- GBRA matches $0.50 per Upon hire dollar up to 3% Emp]oyer matching contributions-after Emp]oyee vesting: 100% the completion of 12 consecutive GBRA Vesting: 5 years months Loan Provisions Annua] Leave Accrue 7 hours per month up to 2 A vailable upon completion of I month years; chan2:es with years of service Sick leave Accrue 7 hours per month (or pro- Available upon completion of I month rated proportionate to number of hours worked) Sick Leave Pool Unavailability of paid sick or annual Eligibi]ity requirements leave of emDlovee Holidavs 9 days Upon hire Employee Assistance Program Seguin Family Institute Upon Hire 4 free visits Employee V o]unteer Program Emp]oyee Recognition Program Upon Hire Annual "Our Day to Shine" Awards Banquet Safety Program Group Incentives if 1 year accident Upon Hire free Group Voluntary Products (Colonial Cancer, Short Term Disability & First of the month following 2 months Supplemental Insurance & Jefferson Pilot Supplemental Life-employee's cost of employment Financia]) 14