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payment per month thereafter. <br /> (4) Life Insurance. The City shall provide term life insurance <br /> coverage in an amount 1 x annual salary rounded up to the nearest $1,000 <br /> for each benefit eligible employee except for sworn firefighters, sworn <br /> police officers, and members of the Teamsters, which are as provided in <br /> their collective bargaining agreements. <br /> (5) Benefit Waiting Period. The City notes that life insurance <br /> and comprehensive major Medical Insurance programs require a minimum <br /> eligibility period of thirty (30) days and that the long-term disability <br /> program requires a minimum ninety(90) day eligibility period which must <br /> be met. <br /> (I) Hiring Bonus. The City Clerk, may, at his/her discretion, offer a Hiring Bonus to <br /> a new employee as an incentive for the employee to accept the position offered. <br /> This Bonus will be paid to the employee in addition to the salary set forth in the <br /> Salary Ordinance. The range of these monetary bonuses will be from one hundred <br /> ($100)to four thousand dollars ($4,000). <br /> (g) City Residency Incentive. Full-time employees who establish and <br /> maintain legal residence within the City of South Bend city limits, reside on a <br /> continuous,permanent basis within the South Bend city limits,and comply with all <br /> regulations and requirements described in the Employee Handbook on this topic <br /> shall be entitled to an annual monetary bonus of two thousand dollars ($2,000). <br /> This incentive will be paid out to qualifying employees once per year in December. <br /> Employees must be actively employed with the City of South Bend at the time of <br /> payment to qualify for the residency incentive. <br /> (i) Allowances. <br /> (1) Auto Allowances. At the City Clerk's discretion an auto <br /> allowance may be offered to city employees in lieu of a City issued car. The <br /> allowance may range from one ($1) to five hundred dollars ($500) dollars <br /> per month. <br /> (2) Cell Phone Allowance. At the City Clerk's discretion an <br /> allowance for the business portion of an employee's cell phone may be <br /> provided to those employees whose position and job responsibilities require <br /> the ability to communicate outside of city premises or after normal city <br /> working hours. The allowance shall not exceed one hundred dollars ($100) <br /> per month. <br /> (j) Early Retirement Incentives. The City Clerk shall have discretion to offer <br /> an early retirement incentive program that may take the form of a bonus upon <br />