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b. 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 vacation <br />and compensatory time balances to the Plan. Employees with less than twenty (20) <br />years of service and leave in good standing will receive a lump -sum taxable <br />severance compensation for all remaining vacation and compensatory time as <br />provided for in Article 21.1. <br />C. Employees shall contribute a percentage of their annual pay on a pre-tax basis to <br />the plan, as follows: <br />Employees with less than 9 completed years of service with <br />the City will contribute 1%. <br />Employees with 9 — 15 completed years of service with the <br />City will contribute 3%. <br />Employees with more than 15 completed years of service <br />with the City will contribute 1%. <br />ARTICLE 23: HOLIDAYS <br />All employees shall receive the following holidays: New Year's Day, Martin Luther King Day, <br />Presidents Day, Good Friday, Memorial Day, Juneteenth, Independence Day, Labor Day, <br />Veterans Day, Thanksgiving Day, Day after Thanksgiving and Christmas Day. (The total number <br />of paid holiday hours is equal to one hundred fifteen and one half (126) hours annually.) <br />Employees assigned to work on these holidays shall receive an extra one-half (1/2) hour of pay <br />for any hours worked. An employee who is on their regularly scheduled day off for a holiday as <br />specified in Article 23, and is called in to work or kept over to work such holiday due to staff <br />shortage(s), etc., will receive two (2) times the employee's regular pay rate for all hours actually <br />worked during the named holiday in lieu of one and one-half (1 '/2) times the employee's regular <br />pay rate. <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 <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 three <br />(3) working day waiting period shall be charged to the employee's sick leave account less Workers <br />Compensation insurance payments. Employees drawing Workers Compensation benefits will not <br />receive supplementary IOD pay or sick leave pay which provides for more after tax take-home <br />pay than the employee made while working. <br />12 <br />