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403.10   Early Retirement
Immediately prior to retirement from active service with the City of Albuquerque an employee may take leave with pay equivalent to the amount of sick and vacation leave the employee has accumulated. Employees who are eligible for retirement and are under the provisions of a collective bargaining agreement will be governed by the provisions of that agreement.
Employees in Early Retirement are not entitled to salary increases afforded other City employees.
Employees in Early Retirement are entitled to all benefits except vacation and sick leave accruals, donated leave and hardship leave.