MODIFICATION OF EMPLOYEE CONTRIBUTION AND LEAVE AMOUNTS. The City and the Association agree that the Association has the right, subject to approval of its members according to the Association's internal rules, to modify the amount of the mandatory employee monthly contribution addressed in Section C in any increment of $25, or the percentage of the mandatory employee leave contribution addressed in Section D during the course of this Agreement, so long as the modification is mandatory for all Safety Employees.
MODIFICATION OF EMPLOYEE CONTRIBUTION AND LEAVE AMOUNTS. The City and the Union agree that the Union has the right, subject to approval of its members according to the Union’s internal rules, to prospectively modify the amount of the mandatory employee monthly contribution (Part C), provided the amount of the total recurring contribution meets the plan minimum set forth by the Trust [currently seventy-five dollars ($75) per month] or the percent of the mandatory employee leave contribution (Parts D, E) during the course of this Agreement, so long as the modification is mandatory for all employees. The City shall make every effort to implement any such changes in deduction amounts within two (2) pay-periods following receipt of written notice from the Union of the change.
MODIFICATION OF EMPLOYEE CONTRIBUTION AND LEAVE AMOUNTS. The City and the Association agree that the Association has the right, subject to approval of its members according to the Association’s internal rules, to prospectively modify the amount of the mandatory employee monthly contribution in any increment of $25, or the percent of the mandatory employee leave contribution during the course of this Agreement, so long as the modification is mandatory for all employees of the Defined Classes covered by this Agreement. DocuSign Envelope ID: 56CA2711-AEBA-4789-A02D-3BF089533402 The City and Association acknowledge that IRS regulations for Highly Compensated Individuals prohibit Unit 10 (Management) FIRE employees from contributing a greater recurring MONTHLY EMPLOYEE CONTRIBUTION AMOUNTS than Unit 7 employees. The City's obligation to provide pre-tax deposits would remain subject to Internal Revenue Service rules as they may be revised in the future. Should the Internal Revenue Service later determine that these contributions are no longer permissible on a pre-tax basis, the parties shall meet and confer in good faith to pursue alternative approaches for providing comparable benefits. The Association agrees, to the fullest extent permitted by applicable law, to indemnify and hold harmless the City and each of its agents, officers, and employees against all costs, expenses, liability, and damages resulting from any misrepresentation, negligent action or inaction, or breach of, the Trust, or any rules, policies, or procedures established by the Trust’s Board of Trustees. The City provides no guarantee to Association employees regarding the ultimate length of retiree medical benefit payout. Employees who participate in the Trust assume the entire risk from any investment gains or losses associated with these funds or other decline in value. Nothing contained in this SLA shall constitute a guarantee by the City that assets of the Trust will be sufficient to pay any benefit to any person or to make any other payment during an employee's life expectancy after retirement. All payments, in the form of employee contributions, to the Trust are defined contributions only. Payments to be paid from the Trust are limited to the remaining assets in the Trust and governed by the Board of Trustees and the current Plan. The parties understand that the above provisions shall in no way obligate the City to incur any additional costs or obligations beyond those already set forth in this SLA. PETALUMA PUBLIC SAFETY MID-MANAGEMENT ASSOCI...
MODIFICATION OF EMPLOYEE CONTRIBUTION AND LEAVE AMOUNTS. The City and the Oceanside Firefighters Association agree that the Oceanside Firefighters Association has the right, subject to approval of its members according to the Oceanside Firefighters Association’s internal rules, to prospectively modify the amount of the mandatory employee bi-weekly contribution in any increment of $25, or the percent of the mandatory employee leave contribution during the course of this Agreement, so long as the modification is mandatory for all employees covered by this Agreement. Oceanside Firefighters Association must notify the City in writing sixty (60) days in advance of the effective date of any change to the above bi-weekly employee contribution amount and/or percentage of leave contributions. The City's obligation to provide pre-tax deposits would remain subject to Internal Revenue Service rules as they may be revised in the future. Should the Internal Revenue Service later determine that these contributions are no longer permissible on a pre-tax basis, the parties shall meet and confer in good faith to pursue alternative approaches for providing comparable benefits.
