9620-05 Salaries fixing the annual pay and monetary fringe benefits of Firefighters of SBFD for years 2006, 2007, and 2008

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2006, 2007, 2008 South Bend Fire Department Salary Ordinance Page 8 (h). Deferred Compensation: The City of South Bend, agrees to continue to maintain the Deferred Compensation Program which became effective on January 1, 1997 for the South Bend Fire Department. This program provides that for the first one hundred dollars ($100.00) deferred by a sworn member of the South Bend Fire Department each calendar year, the City of South Bend will match said amount $0.50 on the dollar, and for the next three hundred dollars ($300.00) deferred by a sworn member of the South Bend Fire Department each calendar year, the City of South Bend will match said amount, dollar for dollar. (i). Life Insurance: The City of South Bend shall continue to provide life insurance coverage on all members of the South Bend Fire Department in an amount of not less than twenty thousand dollars ($20,000). (j). Health Insurance: Each sworn member of the South Bend Fire Department who has met the eligibility requirements shall have the opportunity to participate in the City's comprehensive major medical insurance program. The contribution of such individuals shall be no greater than the contribution of other City employees receiving the same benefits, and the level of benefits shall be no less than the level for other City employees. The monthly contribution for health insurance coverage for active sworn members of the South Bend Fire Department for calendar year 2006 shall be as follows: Single: $ 48.00 Family: $ 130.00 The monthly contribution for fire pensioners who are members of the South Bend Firefighters Association Local # 362, who retire after January 1, 1997, and who desire coverage from the City's self-funded insurance program for calendar year 2006 shall be as follows: Single: $ 115.00 Family: $355.00 Fire pensioners who are not members of South Bend Firefighters Association Local # 362 shall pay an additional fifty dollars ($50.00) per month over and above the above listed amounts, subject to the obligations of Local #362 as set forth in the 2005-2008 Collective Bargaining Agreement currently in effect between the City of South Bend and Local # 362 to not unreasonably withhold membership. Benefits for qualifying fire pensioners shall not begin until such pensioner or the dependent spouse of such pensioner is fifty-two (52) years of age and shall cease when such pensioner or the dependent spouse of such pensioner reaches sixty-five (65) years of age.