DATE: June 26, 2018
TO: Mayor and City Council
FROM: Director of Human Resources
SUBJECT
Title
Adoption of a Resolution Approving Two Side Letter Agreements between the City of Hayward and the Hayward Firefighters, Local 1909 and the Hayward Fire Officers Association, in which the City will make Annual Contributions to the Accounts of Employees Participating in the Voluntary Employee Beneficiary Association (VEBA) Plan
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RECOMMENDATION
Recommendation
That the City Council adopts a Resolution authorizing side letter agreements between the City of Hayward and the Hayward Firefighters, Local 1909 (“Local 1909) and the Hayward Fire Officers Association (“HFOA”) to add an employer contribution to the accounts of employees currently contributing to the Voluntary Employee Beneficiary Association (“VEBA”) Plan.
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SUMMARY
This Resolution authorizes a side letter agreement between the City of Hayward, the Hayward Firefighters, Local 1909 (“Local 1909), and the Hayward Fire Officers Association (“HFOA”) to add an employer contribution to the accounts of employees currently contributing to the Voluntary Employee Beneficiary Association (“VEBA”) Plan. The agreement incorporates the recently negotiated employer contributions to employee VEBA accounts.
ATTACHMENTS
Attachment I Staff Report
Attachment II Resolution