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HomeMy WebLinkAboutManagement Staff Benefits Policy Cape Breton Regional Municipality Management Staff Benefits Policy Policy No. LEGISLATIVE AUTHORITY This policy derives its authority from Section 65(r) of the Municipal Government Act of the Province of Nova Scotia. BENEFITS Each managerial employee is eligible for inclusion in a registered pension plan and the benefit plans offered by CBRM. Management staff enrolled in a CBRM registered pension plan will make a contribution of 5.25% of regular earnings. CBRM will make a matching contribution to the plan. The Benefits Program is available to all management staff. Premiums to the plan will be paid on a 60/40 basis, with CBRM contributing 60% and the employee contributing 40%, being the same sharing rate of CBRM employees. y:lbylaws-policieslpolicies\rngmt staff benefits policy june, 2001.doc