5.7. ERMUSR 04-14-2009 - Laserfiche WebLink

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Benefit Comparison-Feb 2009 ~--~~ S, ~ City of Elk River Elk R v `1 I I~Ic~ ~~~'~~-S I er Municipal Ulllilies Health and Dental Insurance Health and Dental Insurance Single Single +1 $25 copay plan Family Slnyle Single +1 Family City cost/month 438 640 860 ERMU cosUmonlh 424.65 890 63 1336 65 Employee cost/mo. 96.48 488.68 826.92 . . Employee cosUrno. 106.16 222.66 334 16 Cost to City per hour 2.53 3.69 4.96 . Cosl to ERMU/Dour 2.45 5.14 7.71 $500 Deductible plan City cost/monlh 438 640 860 Employee cosU-no. 36.83 358.12 629.75 $2300 HDHP Plan City cost/month 407.46 640 860 Employee cosUrno. 0 200.83 392.2 Sick Pay Benefit 8 hours/rno. At severance, employees with more than 8 hours/rno. Maximum accumulation of 960 hours. two years of service yet 50% of blance to a max imum Hours unused over 960 In a given year are contributed of 480 Fours. .~~I ~ Inl..~~ll i11P~P at 50% to Flealllr Savings Account. Life Insurance $25,000 coverage. Employee pays $4.50/rrro. Insured for 2.5 times salary. ERMU pays $18.70/mo./ employee ($.11/hour) Disability Insurance , None Long lerrn disability.ERMU cost is $1290.52 per month (about $37 per employee). Contribution to.Pension Plan .._... Other than PERA, none ERMU matches employee contributions up to 3% of base salary, capped at $2000. 11 Paid Holidays- ~11 Paid Holidays-One paid personal day. Vacation Schedule 0-5 years 11 days 16-17 yrs 19 days 0-3 years 10 days 11 years 17 days 6-7 years 14 days 18 years 20 days 4 years 12 days 12 years 18 days 8-9 years 15 days 19 years 21 days 5 years 13 days 13 years 19 days 10-11 yrs 16 days 20 years 22 days 6-9 years 15 days 14-18 yrs 20 days 12-13 yrs 17 days 21 years 23 days 10 years 16 days 19+ years 25 days 14-15 yrs 18 days 22+ years 24 days