Employees Hired On Or Before May 31, 2012
Employees hired on or before May 31, 2012 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 wks - .916 x the number of months worked
Entitled to 3 wks - 1.333 x the number of months worked
Entitled to 4 wks - 1.750 x the number of months worked
Entitled to 5 wks - 2.166 x the number of months worked
Entitled to 6 wks - 2.583 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 or she shall receive pay for one discretionary holiday. If the employee terminates after June 30, he or she shall receive pay for two discretionary holidays.
C) An employee shall also be paid longevity computed on a prorated basis for those number of months worked that year.
D) In addition to the amount set forth in A, B, and C above, employees who retire or who die 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 accumulated to the time of termination at the rate of one-half (½) for 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; provided, however, that those covered by the City's Annual Sick Leave Conversion Plan shall be paid in accordance with Section 2106.78 C).
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.
F) Employees may purchase prior service credit from OPERS using their severance pay under the following conditions:
1) The employee must submit their OPERS statement of cost form to the Division Head no more than one hundred twenty (120) calendar days and no less than ninety (90) calendar days before the intended date of retirement. The employee must also sign a PAF II specifying the retirement date at that time, and a severance agreement and release devised by the City which shall include, but not be limited to, the employee's effective date of retirement.
2) The employee must have adequate severance pay available at the time of the application to purchase the amount of the prior service credit requested. The City is not responsible for purchasing or processing paperwork for prior service credit over and above the amount of severance pay available at the time of application. The City's responsibility is limited to submission of the specified payment to OPERS.
3) The employee's severance pay shall be reduced by the amount submitted to OPERS to purchase the prior service credit and the remaining severance pay shall be paid to the employee after retirement.
Employees Hired on or After June 1, 2012
Employees hired on or after June 1, 2012 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 wks - 2.583 x the number of months worked
B) Payment for unused sick leave
In the event the employee has died as the direct result of injuries sustained in the course of employment with the City, his or her estate shall be paid full accumulated sick time at the time of termination.
If the employee has terminated their employment with the City other than by death as the direct result of injuries sustained in the course of employment with the City, and has twenty-one (21) or more consecutive years of service with the City, the employee shall receive severance pay for unused sick time in accordance with the provisions of Section 2106.78, "Accumulation of Sick Days", subject to the following limits: unused sick leave 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 four hundred eighty (480) hours and fifty percent (50%) of salary for the next four hundred eighty (480) hours for a maximum of nine hundred sixty (960) hours.
Such payment shall be based on the public employee's hourly base rate of pay at the time of termination.
C) Employees may purchase prior service credit from OPERS using their severance pay under the following conditions:
1) The employee must submit their OPERS statement of cost form to the Division Head no more than one hundred twenty (120) calendar days and no less than ninety (90) calendar days before the intended date of retirement. The employee must also sign a PAF II specifying the retirement date at that time, and a severance agreement and release devised by the City which shall include, but not be limited to, the employee's effective date of retirement.
2) The employee must have adequate severance pay available at the time of the application to purchase the amount of the prior service credit requested. The City is not responsible for purchasing or processing paperwork for prior service credit over and above the amount of severance pay available at the time of application. The City's responsibility is limited to submission of the specified payment to OPERS.
3) The employee's severance pay shall be reduced by the amount submitted to OPERS to purchase the prior service credit and the remaining severance pay shall be paid to the employee after retirement.