HomeMy WebLinkAboutExhibit 1 SUBATTACHMENT NO. 1
BENEFITS FOR JOHNNY MARTINEZ, P.E.
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TYPE OF BENEFIT
PROPOSED BENEFITS
Effective June 23, 2011
SALARY
$195,000 annual salary payable bi-weekly
(To remain in effect until changed by the City Commission.)
Car Allowance
$800 per month
Cellular Phone Allowance
$200 per month
INSURANCE
HealthNision/Dental
Life
Accidental Death &
Dismemberment Insurance
Disability Insurance
City paid premium for Executive Benefit Plan
City paid premium for 2X Annual Salary
City paid premium for 2X Annual Salary
In the event that a disability plan is offered to other City
executives, the City Manager shall be provided a similar benefit.
EXECUTIVE PHYSICAL
One annual physical
LEAVE TIME
Vacation
Sick
Holidays
20 days per year, with a maxium of 15 days to be
taken consecutively
12 days per year
11 days per year
Upon honorable separation, City Manager shall receive no
payment of any unused Vacation and Sick leave.
SEVERANCE
The City Manager may be removed pursuant to the process set
forth in the City Charter. If the City Manager is removed without
cause, he shall receive a fixed sum for compensation and
forbearance in an amount equivalent to one months' salary and
benefits upon a written full release of in favor of the City. The City
Manager shall not receive any severance if he is terminated for
cause, including, but not limited to, misconduct, neglect of duty,
misfeasance, or malfeasance or if he voluntarily resigns.
DEFERRED COMPENSATION**
PENSION/ RETIREMENT
City Manager to choose either option
COLA
Same as granted to the members of the classified or unclassified
service, whichever is higher.
ATTACHMENT NO. 1
BENEFITS FOR JOHNNY MARTINEZ, P.E.
TYPE OF BENEFIT
PROPOSED BENEFI �`,
Effective June 23, 11
SALARY
$195,000 annual salary payable bi-weel ly
(To remain in effect until changed by t City Commission.)
Car Allowance
$800 per month
Cellular Phone Allowance
$200 per month
INSURANCE
HealthNision/Dental
Life
Accidental Death &
Dismemberment Insurance
Disability Insurance
•
City paid pre um for Executive Benefit Plan
City paid premium for 2X Annual Salary
•
Cit ' paid premium for 2X Annual Salary
In the event that a disability plan is offered to other City
executives, the City Manager shall be provided a similar benefit.
EXECUTIVE PHYSICAL
One annual physical
LEAVE TIME
Vacation '
Sick
Earned Personal Leav
Holidays
27 days per year'
12 days per year
2 days per year
11 days per year
Upon honorable separation, City Manager shall receive
payment of all unused Vacation and Sick leave.
SEVERANC
The City Manager may be removed pursuant to the process set
forth in the City Charter. If the City Manager is removed without
cause, he shall receive a fixed sum for compensation and
forbearance in an amount equivalent to four months' salary and
benefits. The City Manager shall not receive any severance if he
is terminated for cause, including, but not limited to, neglect of
duty, misfeasance, or malfeasance or if he voluntarily resigns.
DEFERRED COMPENSATION
City will contribute maximum allowed by law, However, if deferred
compensation for comparable executives is reduced or
eliminated, the amount of deferred compensation for the City
Manager will be reduced or eliminated concomitantly.
COLA
Same as granted to the members of the classified or unclassified
service, whichever is higher.
PENSION/RETIREMENT
The City Manager elects to participate in a retirement plan as
provided under Sec. 40-351 (1)(d) of the Code. The City shall
contribute at the rate of 20% of the City Manager's annual salary.