HomeMy WebLinkAbout1995-018 Management Group Tax • ORDINANCE NO. 95- 18
AN ORDINANCE relating to personnel, changing the management group tax
deferred compensation plan from an optional program to a
mandatory program, and amending Section 2 20 130 of the City of
Yakima Municipal Code.
BE IT ORDAINED BY THE CITY OF YAKIMA.
Section 1 Section 2 20 130 of the City of Yakima Municipal Code is hereby
amended to read as follows:
"2 20.130 Management group tax deferred compensation
plan.
Commencing February 1, 1993 May 1. 1 995, each member of
the management employee group, as defined below, wh-e s hall
participates in any 1 tax deferred compensation plan adopted or
approved by the city and shall be paid, in addition to that
employee's monthly salary as established by the compensation plan, as
part of that member's regular salary, an amount each month equal to
0 the monthly salary of any such participating employee deferred earned .
compensation each month in an amount equal to three percent of said .
monthly salary.
The management employee group, as that term is used in this
section, is composed of any nontemporary employee in the following
positions
(1) Executive series, as listed in Section 2 20 100(B),
(2) Management series, as listed in Section 2.20.100(B),
(3) Executive support series as listed in Section 2.20 100(B),
(4) Public safety management series, as listed in Section
2.20 100(E),
(5) Union exempt management support group, as listed in
Section 2 20 100(D),
(6) Union exempt supervisory group, as listed in Section
2 20 110(H),
(7) Union exempt fire civil service, as listed in Section
2.20 100(K)
B. The section 125 spcnding plan shall bc on file in the office
of human resources and may bc further amended by the city manager
planT"
Section 2 This ordinance shall be in full force and effect 30 days after its
passage, approval, and publication as provided by law and by the City Charter
s
Page 1
I1.)ord /dmf comp pa
1
PASSED BY THE CITY COUNCIL, signed and approved this 28th day of March
1995
(; Vfe%, a lb
ATTEST Mayor
GiOL2,,.— e vi, c _
City Clerk
Publication Date: 3/31/95
Effective Date: 4/30/95
0
I
Page 2
(1s)ord /dsf comp pet