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  2. Board Of Aldermen - Agenda - 12/8/2020 - P195

Board Of Aldermen - Agenda - 12/8/2020 - P195

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
195
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__120820…

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 paying 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
employee’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
rules 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 payroll deducted
contributions to the plans. Employee 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.

Article 28
Retirement System

Employees covered under this agreement shall jom the New Hampshire Retirement System, if
and when eligible to do so, in accordance with the rules of that system, unless they are employees
of the Division of Public Works. Division of Public Works employees shall join the Division of
Public Works retirement system, if and when eligible to do so, in accordance with the rules of
that system. The City and the employees agree to comply with all rules and regulations of the
pertinent system, including contribution rates, as established from time to time. If entry
requirements for the DPW system are lawfully modified this article will be modified to reflect such
a lawful change.

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Page Image
Board Of Aldermen - Agenda - 12/8/2020 - P195

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