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<br />Employer agrees to compensate employee for all accrued vacation and sick leave up to and <br />including the final date of employment. <br /> <br />B. Employee shall be entitled to military reserve leave pursuant to Federal or State law and City <br />of San Marcos policies. <br /> <br />Section 12: Disability, Health, and Life Insurance <br /> <br />A. Employer agrees to put into force and to make required premium payments for insurance <br />policies for life, accident, sickness, disability income benefits, major medical, dental, and <br />dependent's coverage group insurance covering Employee and his dependents. <br /> <br />B. Employer agrees to purchase and to pay the required premiums on supplemental life <br />insurance available through the City's current health and life insurance carrier, in an amount <br />equal to two times the annual gross salary of Employee, with the beneficiary named by <br />Employee. In the event no supplemental life program is available through the City's current <br />carrier, Employer shall provide the same for Employee through another carrier. <br /> <br />C. Employer agrees to provide hospitalization, surgical, and comprehensive medical insurance <br />for Employee and his dependents equal to that provided all other employees of the City, and to <br />pay the premiums thereon. <br /> <br />D. Employer agrees to pay for Employee, once per calendar year, a complete physical <br />examination by a qualified physician selected by the Employee. <br /> <br />Section 13: Retirement <br /> <br />Employer shall provide for Employee's participation in the retirement plan of the Texas <br />Municipal Retirement System in a manner consistent with all other employees of the City of San <br />Marcos. In addition, Employer shall agree to execute all necessary agreements provided by <br />ICMA Retirement Corporation (ICMA-RC) for Employer's continued participation in said <br />ICMA-RC retirement plan and, in addition to the base salary paid by the Employer to Employee, <br />Employer agrees to pay an amount equal to five percent of Employee's base salary to the ICMA- <br />RC on Employee's behalf, in equal proportionate amounts each pay period, and to transfer <br />ownership to succeeding employers upon Employee's resignation or termination. <br /> <br />Section 14: Dues and Subscriptions <br /> <br />Employer agrees to budget and to pay for professional dues and subscriptions of Employee <br />necessary for his continuation and full participation in national, regional, state, and local <br /> <br />5 <br />