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I 1. Class 0-29 will contribute 4% of salary 2. Class 30-33 will contribute 3% of salary 3. Class 34-34 will contribute 5% of salary 4. Class 35-47 will contribute 3% of salary 5. Class 48-53 will contribute 5% of salary 6. Class 54-62 will contribute 2% of salary 7. Class 63-77 will contribute 5% of salary 8. Class 78+will contribute 1% of salary. Class is determined by the following formula: Employee age plus completed years of service with the City. Employees shall remain in the same class for the duration of this Agreement. New Employees will be assigned, and remain in, the class that equals their age at the time of appointment, plus the zero years of service, for the remainder of the duration of this Agreement. ARTICLE 24 - HOLIDAYS 24.1 Beginning January 1, 2009, all employees shall receive the following holidays: New Year's Day, Martin Luther King Day, President's Day, Good Friday, Memorial Day, Independence Day, Labor Day, Veteran's Day, Thanksgiving Day, Day after Thanksgiving, Christmas Eve, Christmas Day and New Years Eve. Employees assigned to work on these holidays shall receive an extra one-half hour of pay for any hours worked. 24.2 For employees who work Monday through Friday schedules, if a holiday falls on a Saturday, the preceding Friday shall be considered the holiday. If a holiday falls on a Sunday, the following Monday shall be considered the holiday. 24.3 Beginning January 1, 2009, holiday hours shall be calculated based on an eight (8) hour day. ARTICLE 25 - CAFETERIA PLAN 1 The EMPLOYER will evaluate, and if feasible within federal and state laws and Internal Revenue Service regulations, implement a Cafeteria Plan benefit program. t ARTICLE 26 - INJURY ON DUTY Employees injured during the performance of their duties for the EMPLOYER and thereby rendered unable to work for the EMPLOYER will be paid the difference between the employee's regular pay and Worker's Compensation insurance payments for a 13