2010-2011 Benefits

2010-2011 Employee Benefits Summary

 

• Retirement benefits with Texas Municipal Retirement System. Contributions by payroll deductions, employee contributes 7% and the City matches 2-1. Mandatory participation.
• Life Insurance-$20,000,fully paid by City of Murphy. Supplemental coverage is available for purchase.
• Health/Dental/Vision insurance. City pays the full premium for employees, substantial contribution for qualified dependents. PPO plan with Blue Cross Blue Shield, dental plan with Ameritas and vision plan with VSP. Benefits are pre-tax, see table below for rates.
• Flexible Spending Health and Dependent accounts available to all full-time employees.
• Long-term disability insurance, paid by City of Murphy. Employee Assistance Program, free to employees and family members.
• Vacation-Two weeks through the first five years. Accrued each pay period.
• 10 paid holidays year.
• Sick time-10 days each year, accrued each pay period. Can be rolled over each year to a maximum of 720 hours.
• City pays every two weeks (26 pay periods per year)
• The City of Murphy also offers AFLAC/PrePaid Legal policies, information packets are separate, paid for by the employee.
• Deferred Compensation plan (457) offered by ICMA-RC. Optional, paid for by the employee.

Rates for Medical/Dental/Vision insurance:

Semi-Monthly* Premiums

Coverage Level	Medical Insurance	Dental Insurance	Vision Insurance
Employee Only	No Cost	No Cost	No Cost
Employee + Spouse	$106.50	$5.50	$1.80
Employee + Child(ren)	$79.50	$8.50	$1.80
Employee + Family	$162.00	$13.50	$3.60

*We are paid bi-weekly (26 times per year), but insurance premiums are taken out of paychecks only 24 times a year.