Employees who terminate their employment with the City for any reason shall have their termination pay computed in the following manner.
(a) They shall be compensated for any earned vacation and bonus vacation including any vacation carried over from the previous year plus vacation earned the year in which the employee terminated. The computation of the vacation earned in the year in which the employee terminated shall be in accordance with the following table:
Entitled to 2 weeks - .916 x the number of months worked
Entitled to 3 weeks - 1.333 x the number of months worked
Entitled to 4 weeks - 1.750 x the number of months worked
Entitled to 5 weeks - 2.166 x the number of months worked
Entitled to 6 weeks - 2.584 x the number of months worked
(b) In addition to the above, the employee shall be paid for any holidays worked for which he has not been compensated either in the form of pay or time off. If the employee was entitled to discretionary holidays and has not taken them and is terminated on or before June 30, he shall receive pay for one (1) discretionary holiday. If the employee terminates after June 30 he shall receive pay for two (2) discretionary holidays.
(c) An employee shall also be paid longevity computed on a prorated basis for those number of months worked that year while in the employment of the City or who separate in good standing from employment after twenty-one (21) years of service shall also receive severance pay for unused sick time in accordance with the provisions of Section 2121.95 (Accumulation of Sick Days) as follows:
(i) Employees not covered by the sick leave conversion plan set forth in Section 2121.95(b) (Accumulation of Sick Days) shall be paid for unused sick time accumulated to the time of termination at the rate of one-half (½) of all such accumulated sick time up to two hundred (200) days and full pay for accumulated sick time in excess of two hundred (200) days.
(ii) Employees hired on or before May 18, 1991 who elect the sick leave conversion plan will be paid for unused sick leave from that banked effective May 18, 1991 as follows at the employee's regular rate as of May 18, 1991: all banked sick time up to two hundred (200) days and full pay for accumulated sick time in excess of two hundred (200) days. These employees will also be paid for unused sick leave accrued after May 18, 1991 in accordance with paragraph (iii) below.
(iii) Employees hired after May 18, 1991 will be paid as follows at the employee's regular rate at the time of termination: thirty-three percent (33%) of salary for the first three hundred and twenty (320) hours and fifty percent (50%) of salary for the next three hundred and twenty (320) hours for a maximum of six hundred and forty (640) hours.
(e) In the event the employee has died as the direct result of injuries sustained in the course of employment with the City, he shall be paid full accumulated sick time at the time of termination.