4.5. SR 03-05-2018 - Laserfiche WebLink

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The parties agree that the agreed upon amount that would otherwise be paid in salary or wages will be contributed instead to the CPF as pre-tax employer contributions. Contributions from the city will not be funded from any other source other than this wage reduction. Effective October 2, 2016, the contribution rate equals $0.25 per straight time hour paid (including sick, vacation, and compensatory time). The employer shall pay the contribution directly to the IUOE Central Pension Fund, 4115 Chesapeake Street NW, Washington, DC 20016. Authorization to change the contribution rate shall be subject to approval of a majority vote of all employees and cannot be changed more than once per calendar year. Maximum annual contribution limit set forth under Minnesota Statute § 356.24, subd. 1(10), as amended, is $5,000.00. The union agrees to indemnify and hold the employer, its officers, agents, and employees harmless against any claims, suits, orders, or judgments, brought against the employer as a result of any action taken or not taken by the employer on the specific provisions of this article. This “hold harmless” clause does not hold the employer harmless for failing to transfer the agreed contributions to the IUOE Central Pension Fund. It is agreed that for purposes of determining future wage rates, the employer shall first restore the amount of the wage reduction, which is currently the CPF contribution rate of $0.25 per hour, (effective October 2, 2016) then apply the applicable wage multiplier, then reduce the revised wage by the CPF contribution rate. For purposes of calculating overtime compensation the employer shall first restore the amount of the wage reduction ($0.25/hr.) then apply the applicable wage multiplier required under the Fair Labor Standards Act and the collective bargaining agreement, then pay the resulting amount for overtime worked. The CPF Plan of Benefits and the Agreement and Declaration of Trust will serve as the governing documents. ARTICLE 31 – WAIVER Any and all prior agreements, resolutions, policies, rules, and regulations regarding terms and conditions of employment to the extent inconsistent with the provisions of this agreement are hereby superseded. The parties mutually acknowledge that during the negotiations that resulted in this agreement, each had the unlimited right and opportunity to make demands and proposals with respect to any term or condition of employment not removed by law from bargaining. All agreements and understandings arrived at by the parties are set forth in writing in this agreement for the stipulated duration of this agreement. The employer and the union each voluntarily and unqualifiedly waives the right, and agrees that the other shall not be obligated to meet and negotiate regarding any and all terms and conditions of employment referred to or covered or not specifically referred to or covered in this agreement even though such terms and/or conditions may or may not have been within the knowledge or contemplation of either or both parties at the time this contract was negotiated or executed. 18