HomeMy WebLinkAboutAgreement_General_09/24/2012 MEMORANDUM OF AGREEMENT
Between
Village of Tequesta
and
Palm Beach County Police Benevolent Association
Regarding Article 15 (Insurance)
Pursuant to the reopener provision of Article 15, Section 1.4 of the 2010 -2013 Collective Bargaining
Agreement between the Village of Tequesta ( "Village ") and the Palm Beach County Police Benevolent
Association ( "PBA "), the Village and the PBA have negotiated a modification of the language in Article 15
(Insurance). The Village and the PBA agree to the following:
1. The PBA understands that the Village's health insurance plan that is offered to Village employees,
including PBA bargaining unit employees, during fiscal year beginning October 1, 2012 is a Health
Savings Account plan.
2. During the fiscal year 2012 -2013, the Village will make a one -time contribution to each participating
employee's health savings account, as follows:
a. For employees participating in the Village health insurance plan with individual coverage, the
Village will contribute $1,000 to that employee's health savings account.
b. For employees participating in the Village health insurance plan with family coverage, the
Village will contribute $1,700 to that employee's health savings account.
C. The contributions provided for in this section will be deposited in the employee's health
savings account within thirty (30) days of the date that the account is established.
3. During the fiscal year 2012 -2013, employees will have an opportunity to contribute their own funds to
their health savings accounts in addition to the amount that will be contributed by the Village. In order
to do that, the Village will allow PBA bargaining unit employees to make a one- time transfer of their
accrued vacation, sick, and/or compensatory leave to top off their health savings accounts, as follows:
a. For employees participating in the Village health insurance plan with individual coverage, the
employee may "sell back" up to $2,100 worth of accrued leave for transfer to the employee's
health savings account. (Employees who take full advantage of this sell -back provision will
then have $3,100 in their health savings account.)
b. For employees participating in the Village health insurance plan with family coverage, the
employee may "sell back" up to $4,550 worth of accrued leave for transfer to the employee's
health savings account. (Employees who take full advantage of this sell -back provision will
then have $6,250 in their health savings account.)
C. Employees wishing to sell back leave for transfer and deposit in their health savings account
under this provision must notify the Village within thirty days of the date that their health
savings account is established. The employee is required to notify the Village of the amount of
accrued leave that the employee is going to sell back, and the type of leave(s) that he /she is
going to sell back. The transfer amount will be calculated at 100% of the employee's hourly
rate of pay on October 1, 2012 for the hours that are to be sold back for transfer to the health
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savings account. The Village will deposit the amount specified within thirty days after the
employee provides notice to the Village.
4. All other provisions of Article 15 (Insurance) remain in effect as stated in the 2010 -2013 collective
bargaining agreement.
5. This Memorandum of Agreement will remain in effect from the date of execution by all parties until
September 30, 2013.
VILLAGE PBA
By: r By:
Michael Couzzo, Village Manager Ka anjia , BA President
Date: �' ! y Date:
Rev 09/11/12
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