(A) The Board President shall develop a benefit plan and revisions thereto for employees of the village which may include any of the following benefits: sick leave; holiday leave; vacations; special leaves; medical and hospitalization insurance; life insurance; bereavement leave; Internal Revenue Code (being U.S.C. Title 26) authorized cafeteria benefit plans; deferred compensation plans; educational and training programs; and other programs commonly provided to municipal employees.
(B) The benefit plan and its revisions shall be provided to the Village Board of Trustees by the Board President at least annually for review and revision and approval in conjunction with the annual budget.
(Ord. 748, passed 12-7-1995)