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Leave Creditla Lieu Of Compensation. Each employee will be paid that portion of the <br />employee's assigned salary that is permitted by law to be paid. An employee whose salary <br />and other forms of compensation exceed the amount permitted by law to be paid is entitled <br />to receive paid leave time in lieu of that portion of the salary that exceeds the amount <br />permitted by law to be paid. The amount of such paid leave credit will be calculated using <br />the employee's annual rate of pay established pursuant to the applicable compensation <br />policy and plan. The Commission and the General Manager are each authorized to <br />establish the assigned salary using the provisions of this policy and the compensation plan <br />established by the Commission. Further information about this Leave Credit is available <br />from management or Human Resources upon request. <br />For more information about the Utilities' benefit plans consult the summary plan <br />descriptions that have been distributed to each employee, additional copies of which are <br />also available upon request. <br />47. HEALTH INSURANCE COVERAGE <br />For eligible employees who regularly work 30 hours per week and enroll in a health <br />insurance plan provided by the Utilities, the Utilities will pay a majority of the premium <br />charged, and will set the employee share of the premium for each level of coverage <br />available. The Utilities current group health insurance allows the Utilities to offer a Health <br />Savings Account -related plan. Plans, plan designs, and employee share of premiums may <br />change from time to time. The amount of the monthly premium for a health insurance plan <br />that is the responsibility of the employee is currently as follows. Premiums and employee <br />shares are subject to change from time to time. <br />COVERAGE MONTHLY EMPLOYEE SHARE <br />• Employee $114 <br />• Employee + 1 $228 <br />• Family $346 <br />Employees should consult the applicable Summary Plan Description (SPD) for details <br />regarding coverage and eligibility. A copy of the SPD will be provided to employees and <br />is available upon request. <br />48. DENTAL INSURANCE <br />For eligible employees who regularly work at least 30 hours per week and who enroll in <br />the Utilities' dental insurance plan, the Utilities will pay seventy-five percent (75%) of the <br />monthly premium per employee/family for dental insurance. Any monthly premium over <br />and above 75% of the dental coverage is the responsibility of the employee. Employees <br />should consult the Summary Plan Description for details regarding coverage and eligibility. <br />A copy of this description will be provided to employees and is available upon request. <br />53 <br />July 2024 <br />2313900 <br />118 <br />