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SR-603-001 (5) ,03 b-F ~tJ :3 --00/ -- ~~ ~, NUV 2 6 19Ff CM:PE:GRJ Council MeetIng: November 26, 1985 Santa MonIca, CalIfornIa To: Mayor and CIty CounCIl From: CIty Staff SubJect: Amendment to ExecutIve Pay Plan IntroductIon ThI s report requests adoptIon of an amendment to the ExecutI ve Pay Plan (ResolutIon No. 7058 CCS) prOVIdIng for a reductIon In the elimInatIon perIod for Long Term DIsabIlIty Insurance. DISCUSSIon At the CIty Manager's request, staff revIewed the prOVISIons of Long Term DIsabIlIty Insurance (LTD) for members of the Executl,-1 Pay Plan. The LTD plan prOVIdes salary contInuance when the employee has exhausted SIck leave. The elImInatIon period, durIng WhICh no LTD benefIts are payable and the employee must use other accrued leaves, IS currently 180 days. When thIS plan was establIshed, the ExecutIve group was composed of employees wIth large SIck leave banks, most suff lClent to cover the 180' calendar day perIod before LTD started. The members of the ExecutIve group have changed and thIS IS no longer true. Therefore, staff was Instructed to determIne the cost of amendIng the plan to reduce the elImInatIon perIod to 60' days. .-p ~~OIJ 2 8 ,3~~ - 1 - ThIS reduced elImInatIon perIod IS conSistent WIth the LTD programs In the MTA (60 days) and Attorney (30 days) bargainIng unIts. FInanCIal Impact The net cost of reducIng the LTD elImInation perIod IS $3,100. The total premium cost WIll now be $9,500. Funds to cover thIS proposed Increased cost are available In the non-departmental employee benefIt account. Recommendation It IS recommended that CounCIl adopt the attached resolutIon amendIng the ExecutIve Pay Plan to prOVIde for a long term dIsabIlIty elIminatIon perIod of 60 days. - 2 - ., BEFORE DISTRIBUTION CHECK CONTENT OF DISTRIBUTION OF RESOLUTION # /?;I/JI Council Meeting Da te /~b /OS- Agenda Item # b~- F Was it amended? JY'o ALL FOR CITY C~ERK'S ACTION ORDINANCE # Introduced: ..... :> .J Adopted; AllVAYS PUBLISH AOOPl1ill ORDINANCES*' *Cross out Attorney's approval ,.. i) ~ VOTE: Affirmative: Negative: Abstain: Absent: ~ ~ PROOF 'VOTE~ WITH ANOTHER PERSON BEFORE AJ\TYTHING DISTKlouTI0~; 0KIGI~AL ~o be signed, sealed and filed In Vault. ~ /- 0 ..... " -l , ~ } NEWSPAPER PUBLICATION (Date: ) ) Department originating staff report ( ~anagement Serv.~~e? Lynne Barrette -urdinances only Agency mentioned in document or staff report ~ (certified?) .... J Subject fIle (agenda packet) 1 Counter file I SEND FOUR COPIES OF ALL ORDINANCES TO: CODED SYSTEMS, Atln Peter MaclearLe 12_0' T\lain r'tr~et Avry~. ~ew Jersey_07?17 . I. r I SEND FOUR COPIES OF ALl. ORDTNANrRC: TO: - PRESIDING JUDGE SANTA MONICA MUNICIPAL COURT ; 725 ~1AIN STREET SANTA MONICA, CA 90401 *Check COde Sections l::efore sending. 3 TOTAL COPIES .. RESOLUTION NUMBER 7118 (CCS) (CITY COUNCIL SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA AMENDING THE EXECUTIVE PAY PLAN WHEREAS, the ExecutIve Pay Plan adopted by ResolutIon Number 6753 (CCS) and amended by Resolution Number 7058 provIdes for Long Term DIsabIlity Insurance In SectIon 2 (J) thereof; and WHEREAS, the elimInatIon perIod specIfIed therein does not conform to the needs or character IstlCS of the members of the ExecutIve Pay Plan; and WHEREAS, the CI ty Counc II desl res to amend SectIon 2 (J} to provIde a reduced elImination perIod; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1: The CI ty Counc i 1 does here~end Section to provide as follows: 2 (J} of ResolutIon Number 7058 (CCS) J. Long Term DIsabIlIty Insurance. Part1clpants 10 the ExecutIve Pay Plan shall receive long term dlsablllty Insurance coverage at CI ty expense. Sub) ect to the usua 1 prov 151 ons and exclUSIons of such Insurance plans, the coverage shall be for 60% of salary after a 60 day elImInatIon perIod. - 3 - SECTION 2: The CIty Clerk shall certify to the adoption of this Resolution and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: ("I...Jt;~ '--. ~ ROBERT M. MYERS CIty Attorney - 4 - ~. ~-""'.. Adopted and approved this 26th day of November, 1985. f/l~~ ,U~~ / Mayor I I hereby certIfy that the foregoing ResolutIon No. 7118(CCS) was duly adopted by the CIty Council of the City of Santa Monica at a meeting thereof held on November 26, 1985 by the following CouncIl vote: Ayes: Councllmembers: Conn, Epstein, Jennings, A. Katz, H. Katz, Zane and Mayor Reed Noes: Councilmembers: None Abstaln: Councilmembers: None Absent: Councilmembers: None ATTEST: L71~'~ CIty Clerk