LACONIA — After evaluating the performance of City Manager Scott Myers, the City Council this week unanimously agreed to increase his annual salary from $120,000 to $125,000 for 2016.
Myers was hired in June 2011 at a probationary salary of $90,000, which was raised to $95,000 after six months. Although his compensation was increased to $100,000 for 2013, Mayor Ed Engler said that in 2014 the council agreed that his salary of $100,000 was “well below the market rate for city managers.” The council agreed to increase his salary to $120,000 by Jan. 1, 2015, which was done by granting three raises over the next 11 months.
Myers is not a member of the New Hampshire Retirement System, but instead is enrolled in a deferred compensation plan for his retirement. The council agreed to raise the city’s contribution to the plan from 11 percent of salary in 2015 to 12 percent in 2016. The comparable rate in the retirement system is currently 11.17 percent
Myers contributes 20 percent to the cost of his health insurance premiums, twice the current share borne by city employees. And unlike other employees, he does he monetize unused personal, sick and vacation days that would entitle him to a lump sum payment when his employment with the city comes to an end.
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