Retirement
Benefits
Provided
through the California Public Employees' Retirement System
(CalPERS). The District pays the full employee
contribution and reports this contribution to CalPERS as
reportable income. The District's contract with CalPERS
includes:
-
3% @ 60, 2.5% @ 55, and 2% @ 50
Formula
-
1 Year Final Compensation
-
Sick Leave Credit
-
Military Credit
Social
Security
The District
participates in Social Security.
Insurance
Insurance will commence after completing two full calendar months of employment. The scope of coverage and the payment of premiums are subject to periodic review and revision by the Board of Directors.
Medical
The District currently pays 100% of the monthly premium for the employee and 75% of all eligible dependents, with 25% dependent coverage paid by the employee. The District participates in the Association of California Water Agencies Benefits Program through Blue Cross (Health Maintenance Organization) or Prudent Buyer Plan Classic (Preferred Provider Organization).
Dental &
Vision
Provided by the District through the Association California Water Agencies
(ACWA) for employees and their eligible dependents. The District currently pays 100% of the monthly premium for the employees and all eligible dependents.
Life
The District currently provides an employee life insurance policy in an amount equal to twice the employee's annual salary. Additional life insurance programs are available for both employees and their dependents through AIG VALIC and New York Life insurance.
Deferred Compensation
Voluntary employee participation - no District contribution. Two 457 plans are available - AIG VALIC and New York Life Insurance.
Vacation
Accrues as follows:
| Years |
Per
Month |
Per
Pay Period |
| 0 - 1 |
4 |
1.85 |
| 2 - 3 |
8 |
3.7 |
| 4 - 14 |
12 |
5.54 |
| 15 + |
16 |
7.39 |
Sick
Accrue 8 hours per month (3.70 hours per pay period).
Holidays
10 full day holidays and 2 half day holidays per year.
