D e f e r r e d C o m p ( 4 5 7 b )

Employee Only - Employer Paid Family Coverage - $449* * cost divided into 2 paychecks Deductible: $500 Per Person/$1000 Per Family Coinsurance: 80% Plan Pays /20% Employee Pays Out-of-Pocket Maximum: $2500 Per Person/$5000 Per Family

The City pays 100% of the cost for a definedBenefits plan with Missouri LAGERS.

This defined contribution plan allowsemployees to defer wages directly from

their paycheck, pre-tax, into a retirementsavings account. The City will match up to

$10 per pay period.

Perk

Voluntary - Employee Paid - Package Basic Advanced - Employee Only : $20.08 $41.08 - Employee +1 : $39.23 $77.00 - Employee 2+ : $73.49 $124.29

Voluntary - Employee PaidOptions for coverage from $20,000 and up,with premium based on age.

R E T I R E M E N T

M i s s o u r i L A G E R S P e n s i o n

Retirement Benefit Calculation:2% x Final Average Salary x Years

of Service = Monthly Retirement Benefit.

P A I D L E A V E

I N S U R A N C E

Employees begin earning vacation time

upon hire, which increases based on

years of service.

The City observes 9 paid holidays per year!

Years of Service

1-7 years

8-15 years

16+ years

Vacation

80 Hrs.

120 Hrs.

160 Hrs.

In addition to vacation and

holidays, employees earn 4 Floating

Holidays per year to be used at the

employee's discretion.

Floating Holidays

Sick LeaveEmployees receive 12 days annually. Accrued

sick days may be used for the employee and

the employee's immediate family.

Vacation

New Years, Martin Luther King Day, Presidents'

Day, Memorial Day, Independence Day, Labor Day,

Veteran Day, Thanksgiving, and Christmas!

Holidays

www.molagers.org

Health Insurance

Dental Insurance

Term Life Insurance

(Includes a VSP Vision Discount Plan)

Perk :The City offers a cafeteria plan (IRS Section

125) which allows payment of qualifiedmedical, dependent care, and insurancepremium expenses on a pre-tax basis.

Perk : Perk :EAP - Employees and dependents are

eligible for free confidential counseling andservices for personal support through

Alternatives Employee Assistance Program.

Tuition Reimbursement - Eligible employeesreceive reimbursement for tuition cost up to

$2500 per fiscal year.

Employee Wellness - The City offers help inmaintaining a healthy mind and body

through inBalance programs, including asignificant discount for our Parks programs.

www.icmarc.org