CURRENT BENEFITS - MISCELLANEOUS MEMBERS
Retirement: California Public Employees' Retirement System (PERS) and Social Security.
- Classic Members – Retirement formula of 2% at age 60 with a 3 year final compensation period. Classic Members contribute 7% toward retirement.
- New Members – Under the new pension reform law, Public Employees' Pension Reform Act (PEPRA), effective 1/1/13 those defined as New Members of PERS are eligible for the 2% at age 62 retirement formula with a 3 year final compensation period. New Members are required to contribute towards pension. Effective 07/01/2023, the contribution rate is 7.75%.
Deferred Comp: City contribution of 1.6% gross monthly earnings into a 457 deferred compensation retirement plan (ICMA).
Vacation: Fifteen days vacation for the first four years of service. Maximum 25 days annually after 20 years of service.
Holidays: Fourteen and one-half days per year and seven days of floating holiday time.
Sick Leave: Accrued indefinitely at the rate of eight (8) hours per month. PERS service credit for unused sick upon service retirement.
Longevity Pay: 2% at fifteen (15) years of service.
Bilingual Pay: $100 per month for one or more languages.
Health Insurance: The City contracts with the Public Employees' Retirement System for health benefits for this group. Effective 1/1/26, the City contributes $1,051.98 for employee, $2,103.96 for employee +1, and $2,735.14 for family coverage with the employee contributing a portion of the monthly premium. MCP available online at
www.cityofmartinez.org.
Dental Insurance: The City pays 100% of the premium for dental coverage for the employee and dependents. Dental plan includes orthodontic coverage.
Vision Insurance: The City pays 100% of the premium for vision coverage for the employee and dependents.
Life/Disability: The City pays the premium for life up to $200,000 and disability insurance for the employee only. Voluntary, supplemental plan available for additional life insurance.
Health Club Reimbursement: The City pays up to $50 a month for health club membership.
Training/Education Reimbursement: The City pays up to $1000 per fiscal year. See MCP for details.
http://www.cityofmartinez.org/civicax/filebank/blobdload.aspx?BlobID=8740