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SECTION 9 - COMPENSATION <br />All employees of the City shall be compensated for their work <br />according to the wages or salaries established annually by the <br />Council, provided, however, that the Council may change or modify <br />the wages or salary of any employee at any time that it deems <br />necessary in the interest of good administration as recommended <br />by the City Administrator. <br />Any wage or salary so established shall represent the total <br />remuneration for full -time employment, but shall not be <br />considered as reimbursement for official travel or other expenses <br />which may be allowed for the conduct of official business. Wage, <br />salary and benefit plans will be established by Council <br />resolution, and updated periodically. <br />Pay Period <br />All employees in the City service shall be paid on a bi- weekly <br />basis on Thursday for the pay period ending on the preceding <br />Tuesday. In the event that pay day falls on a holiday, the pay <br />day will be on the preceding work day. <br />Preparation of Payrolls <br />A. Time sheets or cards shall be furnished to designated <br />personnel and all time records for each work day shall be <br />accurately maintained by designated hourly personnel for the <br />work period to be reported. <br />B. Time sheets shall show the name, daily hours worked, and any <br />other pertinent information which may be required. It must <br />be properly signed by authorized personnel. <br />C. Time sheets shall be submitted to the Payroll Department at <br />the end of each two -week period. <br />D. Pay envelopes will be available to employees before 2 P.M. <br />on designated pay days. <br />PERA and Social Security <br />All full -time and permanent part -time employees are automatically <br />enrolled in the coordinated PERA and Social Security Plan. <br />Social Security and PERA are deducted from paychecks at the going <br />rate. The City of Little Canada matches the Social Security <br />payment made by the employee. The City pays 4.48% on PERA and <br />the employee pays 4.23 %. No taxes are presently paid on monies <br />going to PERA until money is taken out or used. <br />11 <br />Page 43 <br />