EMPLOYMENT HEALTH PLAN. The City shall provide a Post Employment Health Plan which allows for the accumulation of funds for the future payment of medical expenses and premiums. The amount of dollars paid into the employee’s PEHP universal account by the City on behalf of the employee shall be $30.00 per pay period. Upon retirement, death, or a reduction in force, the employee’s sick leave payout shall be added (paid) into the employee’s PEHP premium account.
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