Salary Savings Plan. The City agrees to offer a voluntary retirement incentive to eligible SAFO members, under the following terms:
Salary Savings Plan. The Employer shall maintain the deferred compensation plan provided in Revised Statutes of Missouri, sections 105.900 to 105.925. The Employer shall use due diligence in selecting a vendor to administer this plan, with the goal of keeping administrative costs low and providing employees with a broad selection of mutual funds and other investment options, with a range of risks and returns. The vendor for this plan must agree to provide a program of employee education to help employees make informed investment decisions, and must agree to provide employees a report of their account balance on no less than a quarterly basis.
Salary Savings Plan. In addition, the Executive shall be provided with a monthly automobile allowance of $1,000.00, which allowance shall be adjusted based on the annual Consumer Price Index on January 1, 2000 and on each third anniversary thereafter.
Salary Savings Plan. The Employer will establish/maintain an approved deferred compensation plan under Section 457 of the Internal Revenue Code. The Employer will use diligence in selecting a vendor to administer this plan, with the goal of keeping administrative costs low and providing employees with a broad selection of mutual funds and other investments.
Salary Savings Plan. The City agrees to offer a voluntary retirement incentive to eligible Local 29 members, under the following terms:
