The City of Kalamazoo Deferred Compensation
Plan ("the Plan") is hereby established.
[Amended 6-24-1996 by Ord. No. 1620]
As used in this article, the following terms
shall have the meanings indicated:
COMPENSATION
All payments made by the City of Kalamazoo to a member as
remuneration for services rendered.
KMEA MEMBER
A person employed by the City and represented by the Kalamazoo
Municipal Employees Association who is properly enrolled in the Plan.
MEMBER
Both a nonunion member and a KMEA member.
NONUNION MEMBER
A person employed by the City who is not a member of a bargaining
unit (commonly called an "exempt" employee) and who is properly enrolled
in the Plan.
[Amended 5-1-2000 by Ord. No. 1700]
A. Commencing July 1, 1995, each person exempt member
shall become a member of the plan.
B. Commencing January 1, 1996, each person employed by
the City who is represented by the KMEA, AFSCME or ATU shall become
a member of the plan.
[Amended 3-6-2006 by Ord. No. 1798]
C. Commencing January 1, 1998, each nonsworn member of
the Kalamazoo Police Officers Association shall become a member of
the plan.
[Amended 6-24-1996 by Ord. No. 1620; 2-15-1999 by Ord. No.
1667; 5-1-2000 by Ord. No. 1700; 1-8-2001 by Ord. No. 1713]
A. Commencing July 1, 1995, each exempt member of the
plan, and the City on behalf of each such member, shall contribute
to the plan. Effective March 1, 1999, the amount of each contribution
shall be 1 1/2% of the compensation paid to said member by the
City. Said member's contribution shall be paid via payroll deduction.
B. Commencing January 1, 1996, each KMEA member of the
plan shall contribute to the plan. The amount of the contribution
shall be no less than 0.5% of the compensation paid to the KMEA member
by the City. The City shall also contribute to the plan on behalf
of those KMEA members who choose to contribute more than the required
0.5%. The City's contribution will be 0.5 of the sum contributed by
KMEA members in excess of said 0.5%. The City's contributions shall
not, however, exceed 1% of the KMEA member's compensation. On and
after January 1, 2001, the amount of the contribution from each KMEA
member shall be no less than 1% of the compensation paid to each such
member by the City. The City's contribution will be 0.5 of the sum
contributed by each KMEA member not to exceed, however, 1% of the
KMEA member's compensation.
C. Commencing January 1, 1998, each nonsworn member of
the Kalamazoo Police Officers Association and the City on behalf of
each such member shall contribute to the plan. The amount of each
contribution shall be 1% of the compensation paid to said member.
Said member's contribution shall be paid via payroll deduction.
D. The contributions required above shall not preclude
the members from voluntarily contributing more, so long as that greater
sum is not in excess of that permitted by law.