Employee Benefits

Employee Benefits


Paid Holidays

New Year's Day, Good Friday, Memorial Day, July 4th, Labor Day, Thanksgiving Day, Friday after Thanksgiving, Christmas Eve Day, Christmas Day, Personal Holiday.  (Eligible Immediately.  Must work the preceding and the day following Holiday, excluded approved vacation, to be eligible for Holiday Pay.) 

Paid Sick Leave                                

8 hours per month (12 hours for Patrol Officers) accrues to a maximum of 1440 hours. 60 hours of accrued sick leave per year may be used for Family Care Leave. (Eligible immediately). 

Paid Vacation 

All full-time employees of the City of Storm Lake shall be eligible for Vacation Pay.   Employees shall earn paid vacations after continuous active service pursuant to the following schedule:

 Eight (8) Hour Shift Employees: 

    

Years of Service 

Hours Eligible 

Years of Service 

Hours Eligible 

0

40AL

12-13

160

1

80

14-15

168

2

88

16-17

176

3-4

96

18-19

184

5-8

120

20-24

200

9-11

136

25

240

                                                           


Paid Bereavement Leave

Up to 40 hours for funeral/death of spouse if child, up to 24 hours for funeral/death of an immediate family member, up to 8 hours for the funeral/death of a relative through the first cousin.  


Insurance 

90% Paid Medical Insurance for employee and dependents.  

Health Insurance calendar year costs to employees: 

Single $47.01/pay period.  Family $113.69/pay period. 

Paid Life Insurance for employee and dependents. 

Limit of $50,000 coverage, up to age 65

Paid Disability Insurance for employees. 

125 Flex Plan available. 

Up to $2,500 can be contributed in a calendar year

Dental Insurance calendar year costs to employees:

Employee $1.18 **  Employee/Family $5.09 ** Employee/Spouse $2.41**  Employee/Child $3.39**

Vision Insurance calendar year costs to employees: 

VSP Vision Care paid by the City of Storm Lake 

Longevity Plan - Annual lump sum payment on employee's anniversary date paycheck.  

After 3 years of service $225.00
After 5 years of service $350.00
After 10 years of service $600.00

After 15 years of service $850.00

After 20 years of service $950.00 

IPERS (Iowa Public Employee Retirement System) 

The City of Storm Lake contributes 9.44% of employee's salary.  The employee contributes 6.29% (tax-deferred). 
Volunteer firefighters IPERS rates 6.41% employee, employer 9.61%. Click here to learn more about IPERS.


411 (Municipal Fire and Police Retirement System)

The City of Storm Lake contributes 22.98% of the employee's base salary, the employee contribution is 9.40%. 


Deferred Compensation

The City of Storm Lake has two deferred compensation plans (457) that employees may choose to join.