SIDE LETTER AGREEMENT
BETWEEN
THE CITY OF SANTA CLARA
AND
THE UNCLASSIFIED POLICE MANAGEMENT ASSOCIATION
(UNIT 9A)
DEFERRED COMPENSATION (401A)
The City and the Santa Clara Unclassified Police Management Association (hereafter, "Unit 9A") agree to this Side Letter Agreement (hereafter, "Agreement") regarding the City's deferred compensation The 2024-2025 MOU between the City and Unit 9A provides for a City contribution of $150 per month to the City's deferred compensation plan on behalf of each represented employee enrolled in the City's 457(b) deferred compensation plan ("Employer Contribution"). An employee must be in paid status and be enrolled in the City's deferred compensation plan at the time of the contribution to be eligible to receive the Employer The City and Unit 9A agree that beginning the first full pay period after the implementation of the 401(a) deferred compensation plan, the Employer Contribution shall be made to the 401(a) plan and not the 457(b ›lan. This change will enable employees to maximize the employee pre-tax contribution to their 457(b account and receive the Employer Contribution in the 401(a) plan.
This Agreement shall not establish precedent for future agreements and shall not be construed or implied to obligate the parties to enter into any similar agreements in the future.
This Agreement is effective after it is signed by all parties below and adopted by City Council.
FOR THE CITY: FOR UNIT 9A:
1/2/25 Luis Martin 6/25/2025
Date Luis Martin Date
City Manager Unit 9A
sauky Азенело 07/02/2025 6/25/2025
R. Fitting
Aracely Azevedo Date Richard Fitting Date
Director of Human Resources Unit 9A