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HomeMy WebLinkAboutExhibit AATTACHMENT NO. 1 BENEFITS FOR ARTHUR NORIEGA V TYPE OF BENEFIT PROPOSED BENEFITS EFFECTIVE FEBRUARY 24, 2020 Salary $310,000.00 annual salary payable biweekly — to remain in effect until changed by the City Commission - with 5% annual increases every October 1. Car Allowance No car allowance will be provided. The City will provide a City vehicle. Cellular Phone Allowance $200.00 per month. INSURANCE Health/Vision/Dental Employee plus dependents Life Accidental Death & Dismemberment Insurance Long Term/Short Term Disability Insurance City paid premium for Executive Benefit Plan to cover the Employee and Employee's Dependents. City paid premium for 2X Annual Salary. City paid premium for 2X Annual Salary. City pays 100% of premium. Executive Physical One annual physical. LEAVE TIME Vacation Sick Holidays 20 days per year with a maximum of 15 days to be taken consecutively. 12 days per year. 11 days per year. Upon separation, the City Manager shall receive 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 of compensation and forbearance in an amount equivalent to five (5) month' s salary and benefits unless otherwise limited by state statute to a lesser amount and upon a written release 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. PENSION The City Manager shall participate in the retirement plan as provided under Section 40-351(1)(d) of the City Code. The City shall contribute at the rate of 20% of the City Manager's annual salary. COLA Same as granted to the members of the classified or unclassified service, whichever is higher.