CC RESOLUTION 4743RESOLUTION NO. 4743
A RESOLUTION PROVIDING FOR SALARY AND BENEFIT CHANGES
TO CHAPTER IA2 (MANAGEMENT- CONFIDENTIAL SERIES) OF THE
EL SEGUNDO ADMINISTRATIVE CODE.
The City Council of the City of El Segundo does resolve as follows:
Section l: Section 1A2.120, Deferred Compensation Plan, is amended as follows:
A Deferred Compensation Plan has been established as a benefit to Management -
Confidential employees. Each Management- Confidential employee is eligible to participate in the
Plan.
Effective immediately, the City's annual matching contribution to the employees'
deferred compensation shall be reduced from 5.0% to 4.0% of the employee's total pay, for all
Management Confidential employees participating in City- approved deferred compensation plans.
Employees who have reached the age of forty -seven or older can cash out one -third
of all accrued leave at their regular rate of pay, up to the deferred compensation maximum "catch
up" permitted by law, during the employees' last three years of employment. In no event can an
employee cash -out a cumulative total greater than that permitted herein, and in no event shall the
post- distribution leave balance be less than one hundred twenty hours.
Section 2: Section IA2.146, Vacation Time Accrual — Payment in Lieu Of, is amended as
follows:
Effective immediately, Management /Confidential non - safety employees who have
completed one year of service may receive cash payment in lieu of accrued vacation time up to a
maximum of sixty five percent (65 %) of the annual accrual to which they are eligible for due to
their length of service. Effective immediately, Management /Confidential fire safety employees
(Battalion Chiefs) who have completed one year of service may receive cash payment in lieu of
accrued vacation time up to a maximum of ten percent (10 %) of the annual accrual to which they
are eligible for due to their length of service.
Section 3: Section 1 A2.153, entitled "PERS Member Contribution" is added to the El
Segundo Administrative Code as follows:
Effective October 22, 2011, Management/Confidential employees shall pay three
percent (3 %) of the PERS Member Contribution. Effective October 22, 2011,
Management/Confidential fire safety employees (Battalion Chiefs) shall pay four percent (4 %) of
the PERS Member Contribution.
Section 4: The City Clerk is directed to certify the adoption of this Resolution; record this
Resolution in the book of the City's original resolutions, and make a minute of this adoption of the
Resolution in the City Council's records and the minutes of this meeting.
Section 5: This Resolution will become effective immediately upon adoption and
PASSED AND ADOPTED this 18th day of October , 2011.
ATTEST:
Cindy %r esen, City
of the City of El Segundo,
California
(SEAL)
Eric K. Busch,
Mayor
APPROVED AS TO FORM:
Mark D. Hensley, City Attorney
- 2 -
r Karl 14. Berger
Assistant City Attorney