
Compensation and Benefits
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The following are benefits that you as a regular employee would be able to enjoy. Blue Cross/Blue Shield Health/Dental Insurance An employee may enroll in one of two Blue Cross/Blue Shield of Texas Health Plans. All City employees who are enrolled in one of the medical plans have dental coverage as part of that plan. There is no cost for the Employee Dental Coverage. Any employee enrolled in a medical plan may enroll their dependents in the Dental Plan even if those dependents are not enrolled in a medical plan. ONSITE CLINIC The On-Site Clinic is available for use by employees and their dependents. An employee does not have to enroll in any of the City’s health care plans to use the City’s On-Site Clinic. However, dependents not enrolled in a Health Plan are not eligible to use the On-Site Clinic. ICMA RETIREMENT CORPORATION A 457 Plan offered to all eligible employees and separate from the Texas Municipal Retirement System. Offered through payroll deduction, this plan is strictly voluntary. WALGREENS PRESCRIPTION COVERAGE Only those participants enrolled in one of the Health Plans are covered by the prescription card. Dependents covered on the Dental Plan only are not eligible for the prescription card.
FLEXIBLE SPENDING ACCOUNT Employees may annually set aside up to $2,600 of income for unreimbursed medical expenses. This money is sheltered from payroll taxes. LIFE INSURANCE Each employee is covered for an amount equal to one times their annual salary. This coverage is through the Texas Municipal Retirement System at no cost to the employee. An eligible employee may choose supplemental life insurance coverage through Aetna Life Insurance in increments from one-half to four times the amount of their annual salary. They may also choose supplemental life coverage for their spouse and/or dependent children up to the age of 20. TEXAS MUNICIPAL RETIREMENT (TMRS) Participation in TMRS is manditory for all full-time employees with the exception of Fire Department Civil Service personnel. Participating members contribute 5% of their salary. (Police Department Civil Service employees contribute 7%.) Employees are vested after 10 years of service. At vesting the City matches current and future contributions in the account at a rate of 2 to 1. OBSERVED HOLIDAYS New Year’s Day Memorial Day Independence Day Labor Day Thanksgiving Day Christmas Day Two Personal Floating Holidays VACATION Vacation time is accumulated at a the following rates: No of Years Accrual Per Pay Period Annual Accrual 1 - 4 years 4 hours 13 days 5 - 6 years 4.31 hours 14 days 7+ years 4.62 hours 15 days An employee may accrue 240 hours of vacation hours. VACATION BONUS An employee who does not use any sick leave during the fiscal year will earn two bonus days of vacation.
SICK LEAVE Sick leave is accumulated at 4.62 hours bi-weekly or 15 days per year. An employee can accumulate up to a maximum of 90 days or 720 hours of sick leave. BEREAVEMENT LEAVE An employee may be granted up to 3 days of paid emergency leave in one fiscal year due to a death in the employee’s immediate family.
CREDIT UNION Membership in the Wichita Falls Federal Credit Union is available to employees and their families. A payroll deduction plan is in effect for both savings and loans. TUITION ASSISTANCE The City of Wichita Falls provides financial assistance for job related educational and degree programs.
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