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B. Employees who had accumulated 960 or more hours of sick leave as of January 1, <br /> 2005 are not subject to the computation table in Appendix B. Rather, any such <br /> employee shall direct sixty-five percent (65%) of their remaining sick leave <br /> compensation to the Plan. <br /> C. Upon separation from employment with the City, employees with twenty (20) or <br /> more years of service and leave in good standing shall direct 100% of any <br /> vacation and compensatory time balances to the Plan. Employees with less than <br /> twenty (20) years of service and leave in good standing will receive a lump-sum <br /> taxable severance compensation for all remaining vacation and compensatory <br /> time as provided for in Article 21.1. <br /> D. Employees shall contribute a percentage of their annual pay on a pre-tax basis to <br /> the plan, as follows: Sergeants will contribute 2%of salary. <br /> ARTICLE 23: HOLIDAYS <br /> All employees shall receive the following holidays: New Years Day, Martin Luther King Day, <br /> Presidents Day, Good Friday, Memorial Day, Independence Day, Labor Day, Veterans Day, <br /> Thanksgiving Day, Day after Thanksgiving and Christmas Day. (The total number of paid <br /> holiday hours is equal to one hundred fifteen and one half(115.5) hours annually.) Employees <br /> assigned to work on these holidays shall receive an extra one-half hour of pay for any hours <br /> worked. <br /> ARTICLE 24: INJURY ON DUTY <br /> Employees injured during the performance of their duties for the EMPLOYER and thereby <br /> rendered unable to work for the EMPLOYER will be paid the difference between the employee's <br /> regular pay and Worker's Compensation insurance payments for a period not to exceed ninety <br /> (90) working days per injury, not charged to the employee's vacation, sick leave or other <br /> accumulated paid benefits, after a three (3) working day initial waiting period per injury. The <br /> three (3) working day waiting period shall be charged to the employee's sick leave account less <br /> Workers Compensation insurance payments. Employees drawing Workers Compensation <br /> benefits will not receive supplementary IOD pay or sick leave pay which provides for more after <br /> tax take-home pay than the employee made while working. <br /> ARTICLE 25: WAIVER <br /> 25.1 The parties mutually acknowledge that during the negotiations, which resulted in this <br /> AGREEMENT, each had the unlimited right and opportunity to make demands and <br /> proposals with respect to any term or condition of employment not removed by law from <br /> bargaining. All agreements and understandings arrived at by the parties are set forth in <br /> writing in this AGREEMENT for the stipulated duration of this AGREEMENT. The <br /> EMPLOYER and the UNION each voluntarily and unqualifiedly waives the right to meet <br /> and negotiate regarding any and all terms and conditions of this employment referred to <br /> 12 <br />