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  2. Board Of Aldermen - Agenda - 12/8/2020 - P146

Board Of Aldermen - Agenda - 12/8/2020 - P146

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
146
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__120820…

Article 31
Deferred Compensation

The City will continue to offer a deferred compensation plan to all employees covered under
this contract during the term hereof so long as it is authorized to do so in the present manner
under the Internal Revenue Code. Deferred compensation allows the employee to defer
income and the associated taxes from their paycheck, until they receive the money sometime
after retirement. Compliance with the Internal Revenue Code and any and all liability for
taxation are the sole responsibility of the employ ee.

Article 32
Mileage Reimbursement

Use of City owned vehicles

If you are assigned a City -owned vehicle and are allowed to take the vehicle home at night and
on weekends, the Internal Revenue Service has ruled that the personal use of the city owned
vehicle,

that is commuting back and forth to work and any other non-work use, is subject to
federal withholding and social security tax, where applicable. This rule does not apply to
emergency vehicles specifically police and fire vehicles.

The deductions therefore will be made weekly, based on an annual evaluation of the value of
the personal use of the vehicle. The personal use value shall be as required by the Internal
Revenue Code and Regulations.

The multiplier used to determine the employees deduction shall be the current Internal
Revenue Service mileage reimbursement rate.

Mileage reimbursement

If by nature of your job description you are required to use your privately owned vehicle
you shall be reimbursed at the current city mileage reimbursement rate or the current Internal
Revenue Service mileage reimbursement rate, whichever is higher. Requests for reimbursements
must be submitted within 30 days of the date the mileage was incurred. The City will provide
AFR10 mileage log books or a mutually agreeable substitute log book for recording mileage.

For the FY- through FY: contract cy cle, the City will add $.10 per hour to the hourly wage
rate of the building and utility inspectors, code enforcement officers, and engineering inspectors

to support the purchase of a business use
rating on their personal automobile insurance.

All employees who, at the date of the signing of this collective bargaining agreement,

currently use their privately owned vehicle, shall be allowed to continue to do so through the
remainder of this collective bargaining agreement.

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Board Of Aldermen - Agenda - 12/8/2020 - P146

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