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File #: CONS 18-361   
Section: Consent Status: Agenda Ready
Meeting Body: City Council
Agenda Date: 6/26/2018 Final action:
Subject: 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
Attachments: 1. Attachment I Staff Report, 2. Attachment II Resolution

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            

                                                

End
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.    

End

 

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