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CITY OF MODESTO SUMMARY OF BENEFITS UNREPRESENTED MANAGEMENT, EXECUTIVES and CHARTER OFFICERS (Non-Sworn) Retirement benefits are provided by contract with the Public Employees’ Retirement System (CalPERS). Formula is determined by hire date and member status with CalPERS. The City does not participate in Social Security except for the required 1.45% Medicare contribution by both the City and the employee (applies to employees hired after 4-1-86). Holidays observed are10 paid holidays per year plus 8 hours of holiday credit. Holiday credit may be accrued up to a maximum of 40 hours. Accrual in excess of 40 hours shall be cashed out on a quarterly basis. Vacation accrual begins at a rate of two weeks per year, with incremental increases to five weeks at 21 years of service. Employees may accumulate up to two times their annual accrual. Sick leave with pay is accumulated at 8 hours per month, 96 hours per year. Employees may accumulate up to 2,200 hours. Health, dental and vision coverage is provided. The City’s contribution to health, dental and vision benefits are based on a three-tier system as follows: • $1,214 Employee + Family (2 or more dependents) • $ 858 Employee + 1 Dependent • $ 621 Employee Only • $ 450 Opt Out of Medical The employee pays the balance. An employee who opts out of health coverage receives the opt out amount above minus dental and vision premium as an in-lieu contribution into deferred compensation account. Life Insurance in the amount of $120,000 is provided by the City. Supplemental coverage is available at employee cost. Long term disability insurance coverage is provided by the City at City cost. This benefit pays 66 2/3% of the first $12,000 per month in salary. An annual physical exam is provided at City expense. Deferred Compensation (457 Plan) is a voluntary program by the City. The City will contribute 1.5% of salary, (increasing to 2.5% following completion of 9 years of service) with a matching contribution by the employee. For Unrepresented Management employees, the City also contributes 2% to a mandatory 401(a) Money Purchase Plan requiring a 2% employee contribution; for Executives, the City contributes 3% to a mandatory 401(a) Money Purchase Plan with a mandatory 3% employee contribution; for Charter Officers, the City contributes 5% to a mandatory 401(a) Money Purchase Plan with a mandatory 5% employee contribution. Management Leave is provided annually for employees in exempt regular positions. The City shall advanced 80 hours of Management Leave January of each year. Section 125 Plan providing for pre-tax deductions for employee-paid health premiums, unreimbursed medical expenses and for dependent care costs. Employee Assistance Program is available to employees and dependents. Plan provides up to three counseling visits per incident at City expense. Educational Incentive Pay in the amount of 1.5% of salary is available to employees with one year of service who possess a Master’s Degree or Juris Doctor from an accredited institution. City car or vehicle allowance of $400 per month is provided for Executives (up to $500 per month for Charter Officers). Employee Benefits are subject to change and are not guaranteed. For a detailed explanation of benefits currently in effect please see Human Resources.