Employee Benefits

City of Cortez

Fringe Benefits

Holidays:The following are recognized as official holidays;

• New Year’s Day, January 1
• President’s Day
• Memorial Day
• Independence Day, July 4
• Labor Day, First Monday in September
• Veterans Day, November 11
• Thanksgiving Day, Fourth Thursday in November
• Day after Thanksgiving Day
• Last half day prior to Christmas
• Christmas Day, December 25
• Last half day prior to New Year’s Day

Health insurance: The City pays for employee coverage. For dependent coverage, the City pays 90% of the premium and the employee pays 10%.

Dental Insurance: The City pays for employee and dependent coverage.

Life Insurance: The City pays for coverage up to 50% of employee’s annual salary or $10,000, whichever is greater.

Employee Assistance Program: The City provides a counseling program for full-time employees and their qualified dependents.

Vacation: Annual leave is granted at the following rate;

• One through five years * 160 hours/year 80 hours/year
• Six through ten years * 176 hours/year 96 hours/year
• Eleven through fifteen years * 200 hours/year 120 hours/year
• Sixteen years plus * 240 hours/year 160 hours/year
  * Patrol Officers, Sergeants, Communication Technicians

Sick Leave: Accumulated at the rate of eight (8) hours per month.

Retirement: The City pays 5% and the employee pays 5% of the employee’s salary into a supplemental retirement plan.

Deferred Compensation: Voluntary contributions may be made to a retirement plan prior to taxes being withheld.

Funeral Leave: Twenty-four hours per year is granted in the event of a death in the family. No accumulation.

For Police:

• Pension Plan: The City pays 5% and the employee pays 5% of the employee’s salary into a supplemental retirement plan.
• Police Retirement: In lieu of Social Security, the employee contributes 8% of their wages to the ICMA Retirement Corporation and the City matches the 8%.
• Other benefits are clothing allowance and payment for training.