Common use of DISABILITY AND RETIREMENT BENEFITS Clause in Contracts

DISABILITY AND RETIREMENT BENEFITS. The Manager shall be covered and governed by the same retirement system as are all other employees. Retirement contributions shall be paid as required by the retirement system’s plan documents. The City agrees to provide a stipend to the Manager equivalent to the Manager’s contribution required by TMRS. Such stipend shall include the salary and other benefits treated as compensation for TMRS purposes. The Manager shall be eligible for the same disability plan as all other employees of the City. In the event of a disability, the Manager shall be entitled to the use of accrued leave benefits pursuant to City policy in the same manner as other employees of the City. If Manager is permanently disabled or is otherwise unable to perform his duties because of sickness, accident, injury, mental incapacity or health for a period of four (4) successive weeks beyond any leave available under the Family Medical Leave Act, if any, City shall have the option to terminate this Agreement, without being subject to the severance pay requirements of Section XIV.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement

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DISABILITY AND RETIREMENT BENEFITS. The Manager Secretary shall be covered and governed by the same retirement system as are all other employees. Retirement contributions shall be paid as required by the retirement system’s plan documents. The City agrees to provide a stipend to the Manager Secretary equivalent to the ManagerSecretary’s contribution required by TMRS. Such stipend shall include the salary and other benefits treated as compensation for TMRS purposes. The Manager Secretary shall be eligible for the same disability plan as all other employees of the City. In the event of a disability, the Manager Secretary shall be entitled to the use of accrued leave benefits pursuant to City policy in the same manner as other employees of the City. If Manager Secretary is permanently disabled or is otherwise unable to perform his Secretary’s duties because of sickness, accident, injury, mental incapacity or health for a period of four (4) successive weeks beyond any leave available under the Family Medical Leave Act, if any, City shall have the option to terminate this Agreement, without being subject to the severance pay requirements of Section XIVXIII.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement

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DISABILITY AND RETIREMENT BENEFITS. The Manager Secretary shall be covered and governed by the same retirement system as are all other employees. Retirement contributions shall be paid as required by the retirement system’s plan documents. The City agrees to provide a stipend to the Manager Secretary equivalent to the ManagerSecretary’s contribution required by TMRS. Such stipend shall include the salary and other benefits treated as compensation for TMRS purposes. The Manager Secretary shall be eligible for the same disability plan as all other employees of the City. In the event of a disability, the Manager Secretary shall be entitled to the use of accrued leave benefits pursuant to City policy in the same manner as other employees of the City. If Manager Secretary is permanently disabled or is otherwise unable to perform his Secretary’s duties because of sickness, accident, injury, mental incapacity or health for a period of four (4) successive weeks beyond any leave available under the Family Medical Leave Act, if any, City shall have the option to terminate this Agreement, without being subject to the severance pay requirements of Section XIVXII.

Appears in 1 contract

Samples: Employment Agreement

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