Benefits
Retirement Plan
TMPA has a Contribution Employee’s Pension Plan. The Agency deposits an amount equivalent
to 10% of each employee’s gross salary each pay period to be invested (at the discretion
of the employee) into a selection of Mutual Funds provided. Employees become 20%
vested at the successful completion of one year of employment and 20% annually thereafter
until fully vested at 5 years. At 6 months an employee becomes eligible to contribute
from 0 – 50% into the retirement plan.
Medical & Dental Insurance
Please contact HR for employee contribution information
Life Insurance
Provided at no cost to the employee:
2 times annual salary Death of Natural Cause
1 time annual salary Accidental Death & Dismemberment
Short & Long Term Disability
Provided at no cost to the employee.
60% salary until age 65 or as long as disabled.
Vacation
|
Length of Service
|
Annual Accrual Rate
|
|
Less than 5 years
|
80 hours
|
|
5 to 10 years
|
120 hours
|
|
Over 10 years
|
160 hours
|
Annual Holidays
8 designated, 1 floating
Personal Leave
24 hours annually
Sick Leave
Accrues at 3.08 hours per pay period (equivalent to 10 days per year)
Optional Programs
- 457 pre-tax retirement plan with ICMA
- “Roth” IRA through ICMA
- Retiree health savings plan (RHSA)
- Pre-tax flexible spending account (FSA)