(a) For employees hired prior to January 1, 2013, the following provisions shall apply:
(1) In the event of separation due to death, retirement under the applicable State pension law with an immediate pension, or job abolishment, an employee shall receive severance pay equal to their accrued unused sick leave up to a maximum of 1,040 hours, at the employee's then current rate of pay.
(2) For accumulated sick leave hours over 1,040 to 2,080 accumulated sick leave hours (a second 1,040 hours), such hours will be paid at $2.75 per hour.
(3) "Job abolishment”, as used in this section, means termination of employment by the City due to a position abolishment coupled with a failure of the City to offer such terminated employee a new position with the City, which new position has a base wage or salary equal to or greater than the base wage or salary of the abolished position.
(b) For employees hired on or after January 1, 2013, the following provisions shall apply:
(1) In the event of separation due to death, retirement under the applicable State pension law with an immediate pension, or job abolishment, an employee shall receive severance pay equal to one-quarter of the employee's accrued sick leave, up to a maximum of 240 hours, at the employee's then current rate of pay.
(2) “Job abolishment”, as used in this section, means termination of employment by the City due to a position abolishment coupled with a failure of the City to offer such terminated employee a new position with the City, which new position has a base wage or salary equal to or greater than the base wage or salary of the abolished position.
(Ord. 42-2012. Passed 12-17-12.)