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The following amendments below in blue are proposed to be added into Section 9 – <br />Compensation: <br />SECTION 9 - COMPENSATION <br />All employees of the City shall be compensated for their work according to the wages or salaries <br />established annually by the Council, provided, however, that the Council may change or modify <br />the wages or salary of any employee at any time that it deems necessary in the interest of good <br />administration as recommended by the City Administrator. <br />Any wage or salary so established shall represent the total remuneration for full-time <br />employment, but shall not be considered as reimbursement for official travel or other expenses <br />which may be allowed for the conduct of official business. Wage, salary and benefit plans will <br />be established by Council resolution, and updated periodically. <br />Pay Period <br />All employees in the City service shall be paid on a bi-weekly basis on Friday for the pay period <br />ending on the preceding Tuesday. In the event that payday falls on a holiday, the payday will be <br />on the preceding workday. <br />Preparation of Payrolls <br />A. Time sheets or cards shall be furnished to designated personnel, and all time records for <br />each workday shall be accurately maintained by designated hourly personnel for the work <br />period to be reported. <br />B.Time sheets shall show the name, daily hours worked, and any other pertinent <br />information that may be required. It must be properly signed by authorized personnel. <br />C. Time sheets shall be submitted to the Payroll Department at the end of each two-week <br />period. <br />D. Pay envelopes will be available to employees before 2 P.M. on designated paydays. <br />Public Employees Retirement Association (PERA) and Social Security <br />All regular full-time and regular part-time employees are automatically enrolled in the <br />coordinated PERA and Social Security Plan. Social Security and PERA are deducted from <br />paychecks at the going rate. The City of Little Canada matches the Social Security payment <br />made by the employee. PERA payments are made by the City and the employee in the amounts <br />mandated by the PERA. No taxes are presently paid on monies going to PERA until money is <br />taken out or used. <br />MissionSquare Retirement (formerly ICMA-RC) <br />The City of Little Canada provides a tax shelter through MissionSquare Retirement. This <br />retirement savings program is optional. Employees may have both PERA and a MissionSquare