234-25 Agreement Michael Keigher.doc (redlined).pdf

DEPUTY CHIEF OF POLICE KEIGHER TERM SHEET FOR EMPLOYMENT CONTRACT TERM The term of this agreement shall be from January 1, 2026 through December 31, 2028. Deleted: 30 RETENTION OF BENEFITS Except as otherwise provided herein, all rights, privileges, economic and non-economic benefits including but not limited to the provision of Health Benefits, Prescription Plan, Dental Insurance, Paid Time Off (PTO), PFRS Pension and Accumulated Sick Time Payout at retirement which the Deputy Chief of Police Keigher has heretofore enjoyed and is presently enjoying, shall be maintained and continued by the Township during the term of this Agreement at not less than the highest standards in effect at the commencement of these negotiations resulting in this Agreement. The provisions of all municipal ordinances and resolutions, except as specifically modified herein, shall remain in full force and effect during the term of this Agreement and shall be incorporated in said Agreement as if set forth herein at length. MONETARY COMPENSATION a. Base Salary for the Deputy Chief of Police Keigher shall be the same base salary earned by a Police Captain plus an additional 24%. b. Longevity for the Deputy Chief of Police Keigher shall be paid consistent with the Township's Policy and Procedure Manual in effect as of the signing of this agreement. c. Holiday Pay percentage for the Deputy Chief of Police Keigher shall be the same Holiday Pay percentage earned by a Police Captain. d. Police Officer Annual Stipend, Clothing Allowance, and College Credits for the Deputy Chief of Police Keigher shall be the same as earned by a Police Captain. RETIREMENT HEALTH BENEFITS Upon retirement with 25 or more years of creditable PFRS pension service, the Deputy Chief of Police Keigher shall be provided with full health and prescription benefits at no premium cost to him or his spouse & eligible dependents from the date of his retirement until his death or until his current or future spouse's death, whichever occurs last. Additionally, the Township will reimburse the Deputy Chief of Police Keigher any Medicare premiums for Medicare Part A, Part B or Part D, including any Income Related Monthly Adjustment Amount (IRMAA) assessment made by the Social Security Administration or its successor. 7