City of Kalamazoo
Wednesday, May 22, 2013
 
KPSA (Kalamazoo Police Supervisor's Association) Benefits

MEDICAL INSURANCE:  Effective first of the month after 30 days of service. Custom Community BLUE PPO Plan.

DENTAL INSURANCE: Effective first of the month, after 30 days of service. Traditional plan.

LIFE INSURANCE: $20,000 term life.

DEFERRED COMPENSATION: Voluntary Supplemental Retirement Savings Program. May contribute 25% of salary, up to $17,000.

HOLIDAYS: 12 days per year.

LONGEVITY:

Years of Service
Bonus
6-10 years
$800
11-14 years
$1,600
15+
$2,400

RETIREMENT: Defined Benefit Plan. Vesting: Ten years; employees contribute 4.5% of pay (tax deferred). Exempt from Social Security (FICA portion). Pension Benefit Eligibility: 25 years of service with no age requirement or age 50 with ten years of service.

SICK LEAVE: Accumulate eight hours for each month of continuous service.

VACATION:

Years of Service
Vacation
1-4
80 hours
5-10
120 hours
11
128 hours
12
136 hours
13
144 hours
14
152 hours
15
160 hours


SECTION 125 BENEFITS: Offers six voluntary benefit options including long-term disability, life insurance, cancer insurance, accident insurance and two reimbursement accounts: child care and non-reimbursed medical claims.