There are two deferred compensation plans available to employees. Each plan offers fixed investment opportunities as well as a variety of mutual funds. Contributions to this plan can only be withdrawn due to retirement, termination, death or unforeseeable emergencies. The City of Amarillo continually strives to provide employees with low cost quality health care benefits. A significant portion of the health care premiums are paid by the City of Amarillo.
Employees pay health insurance premiums based on the coverage option selected.
Employees have the option of having medical premiums redirected annually. Redirecting the payroll deducted premiums reduces employee income taxes. Life insurance for spouse and family coverage is also available. Permanent full time employees may voluntarily participate in the City's self funded group dental plan. Participation in this plan provides for additional cost savings to employees by using a preferred provider dentist.