HomeMy WebLinkAboutExhibit 1ATTACHMENT NO. 1
BENEFITS FOR TODD B. HANNON
TYPE OF BENEFIT
PROPOSED BENEFITS
Effective January 15, 2013
SALARY
$125,000 annual salary payable bi-weekly
(To remain in effect until changed by the City
Commission.)
Car Allowance
$300 per month
Cellular Phone Allowance
$100 per month
INSURANCE
HealthNision/Dental
Life
Accidental Death &
Dismemberment Insurance
Disability Insurance
Executive Benefit Plan
2X Annual Salary
2X Annual Salary
In the event that a disability plan is offered to other
City executives, the City Clerk shall be provided a
similar benefit.
EXECUTIVE PHYSICAL
One annual physical
LEAVE TIME
Vacation
Sick
Holidays
20 days per year, with a maximum of 15 days to be
taken consecutively.
10 days per year
11 days per year
Upon honorable separation, the City Clerk shall
receive payment of all Vacation and Sick leave
earned as of the Effective Date of this Contract
(earned Vacation and Sick leave will be paid out at
the hourly rate associated with Mr. Hannon's position
as Assistant City Clerk as of 1/14/2013).
Vacation and Sick time earned after the Effective
Date of this Contract that is not utilized during the
Term shall have no "cash value." Such Vacation and
Sick time shall be available on a use -it -or -lose -it basis
SEVERANCE
NONE
PENSION
May participate in City of Miami Pension Plan as
previously enrolled.