(A) Termination of employment is an inevitable part of an employee’s activity within any organization, and many of the reasons for termination are routine. Below are examples of some of the most common circumstances under which employment is terminated:
(1) Resignation. Voluntary employment termination initiated by an employee.
(2) Discharge. Involuntary employment termination initiated by the organization.
(3) Layoff. Involuntary employment termination initiated by the organization for non-disciplinary reasons.
(4) Retirement. Voluntary employment termination initiated by the employee meeting age, length of service, and any other criteria for retirement from the organization.
(B) Since employment with the town is based on mutual consent, both the employee and the town have the right to terminate the employment-at-will relationship, with or without cause.
(C) Employee benefits will be affected by employment termination in the following manner:
(1) All accrued, vested benefits that are due and payable at termination will be paid according to each policy following an executive session of the Town Council.
(2) Some benefits may be continued at the employee’s expense if the employee so chooses. The employee will be notified in writing through the provider, of the benefits that may be continued and of the terms, conditions, and limitations of such continuance.