Adoption of a Resolution Approving an Executive Compensation Plan. City of Culver City California Agenda Item Report Meeting Date: 06/13/2011 CITY COUNCIL AGENDA ITEM: Adoption of a Resolution Approving an Executive Compensation Plan Contact Person/Dept.: Serena Wright Phone Number: 310 253 5640 Item Number: A 2 Fiscal Impact: Yes X No General Fund: Yes X No Public Hearing: Action Item: X Attachments: X Commission Action Required: Yes No X Dates: Public Notification: (E Mail) Agenda and Meetings City Council (06/08/11); Culver City Management Group (05/19/11) Department Approval: Serena Wright (05/19/11) Chief Financial Officer Approval: Jeff Muir (05/19/11) City Attorney Approval: Carol Schwab (by H. Baker) (05/19/11) City Manager Approval: John M. Nachbar (05/19/11) RECOMMENDATION: Staff recommends that the City Council adopt a Resolution approving an Executive Compensation Plan. BACKGROUND: Traditionally Culver City Executive Management was represented by the Culver City Management Group (CCMG) for matters concerning wages hours terms and conditions of employment. In July 2010 CCMG was notified that the City desired to carve out Executive Management from the group. CCMG subsequently agreed with this proposal. From a labor and employee relations standpoint staff believes that it is more appropriate that Executive Management is not represented by an organized bargaining unit. DISCUSSION: The compensation plan being presented to the City Council for consideration and adoption outlines the current salary and benefits received by Executive Management. In addition it also contains provisions that were recently negotiated with CCMG. Some key elements include: Implementing a second retirement tier for new hires (including new hires receiving the PEMHCA minimum retiree medical benefit if applicable) Eliminating the City s pick up of the CalPERS employee contribution rate Converting to a Cafeteria Plan for active employee health benefits Modifying retiree medical for activ...
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