108-26 Resolution Authorizing Agreement with Matthew Feula (3.30.26).pdf

108-26 EXHIBIT A CHIEF OF POLICE MATTHEW FEULA TERM SHEET FOR EMPLOYMENT CONTRACT TERM The term of this agreement shall be from December 1, 2025 through December 31, 2028. 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 Chief of Police Feula 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 Chief of Police Feula shall be the same as the salary established by the salary ordinance. Employee’s 2026 annual salary as Chief of Police is $248,517.00 (Tier L), payable in weekly or bi-weekly increments as determined by the Township in its sole discretion and subject to annual increases in the approved salary ordinance guide ("Salary"). b. Longevity of 10 percent for the Chief of Police Feula shall be paid consistent with the Township's Policy in effect as of the signing of this agreement. c. Holiday Pay percentage of 7 percent for the Chief of Police Feula shall be the same Holiday Pay percentage earned by a Deputy Chief of Police. d. Police Officer Annual Stipend, Clothing Allowance, and College Credits for the Chief of Police Feula shall be the same as earned by a Deputy Chief of Police RETIREMENT HEALTH BENEFITS Upon retirement with 25 or more years of creditable PFRS pension service, the Chief of Police Feula 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.