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  2. Board Of Aldermen - Agenda - 12/8/2020 - P144

Board Of Aldermen - Agenda - 12/8/2020 - P144

By dnadmin on Sun, 11/06/2022 - 22:50
Document Date
Fri, 12/04/2020 - 15:40
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 12/08/2020 - 00:00
Page Number
144
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__120820…

Article 24
Dental Insurance

The City shall pay one hundred (100%) percent of the premium of a two person plan
dental insurance program such as Delta Dental, currently in effect on the date of execution
hereof. The

City reserves the right to change insurance carriers or plans, or to self insure the same. Such
new

plans shall offer benefits commercially available in the market and shall have overall
comparability of coverage to the above referenced plans to the extent said coverages are
commercially available.

Effective July_1, 2021, employees may elect to enroll in a “High Option” dental plan offered by
the City. The employee shall be responsible for pay ing the full additional premium cost for the
High Option Plan.

Regular part time employees working a minimum of 20 hours per week are covered by the
provisions of this article 24 on a pro rata basis. The proration is based on the ratio the
employ ee’s regular weekly work hours are to 40 hours. The proration applies to the City’s
premium contribution.

Article 25
Life Insurance

The City agrees to pay one hundred percent (100%) of the premium cost of a Basic Life
Insurance and AD&D for full time employees and part time employees working twenty (20) or
more hours per week only, in an amount equal to one and one half (1.5) the employee's annual
straight time wages, rounded to the nearest thousand dollars. Employees may purchase at their
expense optional life insurance in denominations of up to three times their basic amount to a
maximum of three hundred

thousand ($300,000) total, basic and optional combined, subject to any eligibility or other
tules prescribed by the insurer. The City reserves the right to change life insurance providers.

Article 26
Flexible Spending Accounts (FSA) & Dependent Care Assistance Spending Plans

The City shall make Flexible Spending Accounts (FSA) and Dependent Care Assistance
Spending Plans available to employees. Employees may opt to enroll and make pay roll deducted
contributions to the plans. Employ ee contribution limits and plan rules shall be governed by IRS
regulations.

Article 27
Pay Period

The pay period will run from Sunday through Saturday, and all employees covered under
this agreement shall be paid on a weekly basis, Thursday of each week, unless a holiday falls on
such day, in which case pay day will be the day prior.

23

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Board Of Aldermen - Agenda - 12/8/2020 - P144

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