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HomeMy WebLinkAboutES08-107 - Other - Kent Police Officers Association - Police Captains and Lieutenants - MOU Regarding Deferred Compensation and Retirement Health Savings Account Contributions - 12/03/2010 Records Ma 7m"" e �n g KENT Document WASHINGTON .r CONTRACT COVER SHEET This is to be completed by the Contract Manager prior to submission to City Clerks Office. All portions are to be completed. If you have questions, please contact City Clerk's Office. Vendor Name: KPC)►I9 -- Uko-euyis and Lita-A'Au'%✓tts Vendor Number: ]D Edwards Number Contract Number: (Z5 oi" tb %1 This is assigned by City Clerk's Office Project Name: Mop CM2�llCX�i.�1lllm C>F U►'1dS �-rcnri� `��� � �—f De--Pe.rrer� GDrnpen SO,tecn plan anA/De JlZeJhrewv ot- I+EU41 StIvmq Description: ❑ Interlocal Agreement ❑ Change Order ❑ Amendment ❑ Contract � + ❑ Other: i Contract Effective Date: 2 ?J 1201 0 Termination Date: Id,- 3( - Zo tj Contract Renewal Notice (Days): Number of days required notice for termination or renewal or amendment Contract Manager: Department: Detail: (i.e. address, location, parcel number, tax id, etc.): S•Public\RecordsManagement\Forms\ContractCover\adcc7832 1 11/08 MEMORANDUM OF UNDERSTANDING By and Between the CITY OF KENT and the KENT POLICE OFFICERS ASSOCIATION Representing the POLICE CAPTAINS AND LIEUTENANTS Regarding DEFERRED COMPENSATION and RETIREMENT HEALTH SAVINGS ACCOUNT CONTRIBUTIONS This Memorandum of Understanding ("MOU") is entered by and between the City of Kent ("City") and the Kent Police Officers Association representing the Police Captains and Lieutenants bargaining unit ("KPOA") to memorialize an agreement reached between the City and the KPOA regarding the City's contribution into each bargaining unit member's 457 Deferred Compensation plan and/or Retirement Health Savings ("RHS") account. This MOU amends the current Captains and Lieutenants May 1, 2008 to December 31, 2011 collective bargaining agreement ("CBA") and the Memorandums of Understanding (MOU) regarding 457 Deferred Compensation and/or RHS account contributions signed on March 16, 2009 and October 29, 2010. Where this MOU conflicts with current CBA, policies, procedures and practices, this MOU shall control during the effective period of this MOU, and except as amended by this MOU, the CBA and all City or department policies, procedures and practices shall remain in full force and effect. Section 1. Purpose A. Under the terms of the current CBA, Section 17.9. Deferred Compensation, the City of Kent contributes three percent (3%) of the Police Lieutenant's base pay into each bargaining unit member's 457 Deferred Compensation program each pay period. B. Additionally, under Section 19.7. Retirement Health Savings Account (RHS) of the CBA, members of the bargaining unit, in lieu of having the City contribute into the members' Deferred Compensation program, could elect to have their City contribution deferred into their RHS account. Subsequently, effective December 16, 2010, the bargaining unit elected the following deferment options into members' RHS accounts: 1) Under Age 50 - 3% base pay per check (equals City contribution of 3% at the Lieutenant's base pay rate in lieu of Deferred Compensation contribution); 0% of yearly sick leave buy back; and 0% of leave cash outs upon retirement/termination (sick &vacation) 2) Age 50 to 52 - 6% base pay per check (equals City contribution of 3% at the Lieutenant's base pay rate In lieu of Deferred Compensation contribution and remainder to be deducted from employee's base pay); 100% of yearly sick leave buy back; and 100% of leave cash outs upon retirement/termination (sick & vacation) P\PUBLIC\LCC(Labor,Class&Comp)\Labor\UNION\PCaptLt\MOU\Templates\2010 Deferred Comp-RHS MOU doc City of Kent and KPOA MOU re: 2009 Deferred Compensation & RHS Page 2 of 2 3) Age 53 to 55 - 0% employee contribution per check; city contribution of 3% base pay to deferred compensation (equals City contribution of 3% at Lieutenant's base pay rate); 011/o of yearly sick leave buy back; and 0% of leave cash outs upon retirement/termination (sick &vacation) 4) Age 56 to 60 - 6% base pay per check (equals City contribution of 3% at the Lieutenant's base pay rate in lieu of Deferred Compensation contribution and remainder to be deducted from employee's base pay); 100% of yearly sick leave buy back; and 100% of leave cash outs upon retirement/termination (sick &vacation) 5) Over age 60 - No contributions 6) Military Employees - Employee's eligible for Military retiree health care benefits shall be excluded from the City's Retirement Health Savings (RHS) Account. 0% Contribution 0% of yearly sick leave buy back; and 0% of leave cash outs upon retirement/termination (sick &vacation) Section 2. Signatures By signature below, the parties agree that the above represents the parties' full and entire agreement with regard to Deferred Compensation and Retirement Health Savings account contributions by the City of Kent on behalf of bargaining unit members. The parties also agree that this MOU does not set a precedence, will not be binding on either party's future actions, nor does it waive either party's right to bargain over wages, hours and working conditions as provided by statute. AGREED AND SIGNED this day of December 2010. FOR THE CITY: FOR THE KPOA: c l�� Sue Qiseth Jeff Cob Employee Services Director KPOA President Cx� Patrice Gillum Ra dy B u ne Labor Relations Analyst KPOA Re sentative P\PUBLIC\LCC(Labor,Class&Comp)\Labor\UNION\PCaptLt\MOU\Templates\2010 Deferred Comp-RHS MOU doc