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Membership in CalPERS (2% at 60 or 2% at 62 with three year average salary). City of Milpitas employees do not participate in Social Security, but do contribute to Medicare.
Choice of CalPERS Medical Plans. City pays coverage up to the Kaiser rate (currently $2027.64/mo. for family). Employees who waive health coverage are eligible to receive $125 per month in lieu of medical plan coverage with proof of other coverage.
Employees are eligible upon CalPERS retirement from the City to receive up to 100% retiree medical coverage (currently based on the Kaiser health rate), based on years of service.
DENTAL & VISION
City provides full family coverage for dental and vision at no cost to the employee.
City provides $50,000 term policy. Supplemental employee-paid life insurance is available up to $500,000, based on carrier acceptance.
City provides a Short-Term Disability plan similar to State Disability Insurance (SDI) coverage. Employees do not participate in SDI. Long-Term Disability coverage of 60% of base salary up to $1,500 per month is available after a 60-day waiting period. Additional buy-up options for LTD are available.
City contributes $75 per month on the employee’s behalf.
Employees earn 16-36 days of vacation based on years of service.
Employees earn 40 hours of Management Leave per year.
Employees receive 12 paid holidays and one (1) floating holiday per year.
Employees earn 12 days annually.
Employees are eligible to receive up to $1,400 per fiscal year in tuition reimbursement.
The City also offers a flexible spending benefits plan, employee assistance program, and other voluntary insurance. Contact Human Resources (HR) at 408-586-3090 for more information on employee benefits.