4.6 SR 03-17-2025 - Laserfiche WebLink

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17.2 For Employees hired before August 8, 2023, and completing two (2) years ofconseculive service, the sweranoe payment is calculated at fifty percenl (50olo) ofthe accumulated sick leave balance up to a maximum peid offour hundred eighty (480) hours. 17.4 An employee eligible for Severance Pay as notcd above and eligible for PBRA benefits will receive payout as outlined below 15-19 consecutive years ofservice 60% ofup to 960 hours 20-Z consecutive years ofservicc 65% ofup to 960 hours 2129 consecutive years ofservice ?0% ofup to 960 hours 3&32 consecutive yean ofservicc ?5% ofup to 960 hours 33 or morc consecutive years of service t096 of up to 960 hours 17.5 Accumulated leave in excess ofnine hundred sixty (960) hours is not eligible for a sevcrance payment. Sick leave shall continue to accumulate in excess ofnine hundred sixty (%0) hours to be used in Eccordance with the Family Medical Leave Act. 17.6 Due to unforeseen cittumstances and in hiVher sole discretion, the city administrator may grant exceptions to provide paflial payout prior to five (5) years of service. ARTICLE lS.VACATION Vacation leave is accrued based on consecutive years ofleave-eligible servioe, To determine Bmployee's vacation accrual rale, years ofservice will include all continuous time the employee has worked for the City in a position that is eliglble for paid leave (including authorized unpaid leave). Employees who are rchired affer tcrminding city onployment will not receiw crcdit for their prior service unless specifically negotiated at the lime of hire. lE,l Leavealigible Employees hired before December 31,2V20, may cany more than 240 hours of vacation leave during a year but may not carry more than 240 hours forward to the next calendar year. 18.2 Employees hired after January I, 2021, shall accrue 120 working hours per year at the start ofeligible employment through the completion of their ninth (9th) year. They may carry more than I 20 houn of vacation leave during a year but may not carry morc than I 20 hours forward to the next oalendas y€ar. 18.3 Bmployees with fewer than eight (8) year ofservice as ofJanuary l, 2021, who elected to reduce their annual carryover rate in return for the reduced annual ascrual may carry more than their annuEl acgrual amount ofvacation leave during a yeor but may not carry more than their annual accrual amount forward to the next calendar year. For this policy, annual accrual amount is defined as the Accrual Rate hours listed below that reflect the l,ength ofSorvice ofthe employee at the end ofthe calondar yoar. 18.4 Employees accrue vacation leave at the following rates except for the 2021 and later hires and eligible employees who have requested an acknowledged the ncw accrua! and canyover rste: Length ofService From starl of ernplo)ment thmugh completion of the 5th year Beginning of the 6th year lhrough completion ofthe 7th year Beginning ofthe 8th year through completion oflhe 9th year Beginning ofthe lfth yearthrough completion ofthe I lth year E Accrual Rate 88 working hours per year I 12 working hours per year 120 working hours per year I 2E working hours per year | 7.3 Employees hired August 8, 2023, or later, and completing five (5) years ofconsecutive service, will receive a payout as owlined below: 5-9 consecutive years ofservice 400lo ofup to 960 hours l0 or more consecutive years of service 5070 ofup to 960 hours Page 69 of 304