Any full-time employee of this City who has previously qualified for bonafide public service pension benefits under a State approved fund, such as the Public Employees Retirement System or the Police and Firemen's Disability and Pension Fund, etc., may, at the option of such employee, apply for and receive from the Finance Director a lump sum pay out of certain leave and cash conversion benefits as the same are authorized and earned pursuant to the provisions of this chapter as of the date of such retirement. Such accrued benefits for which an employee may be eligible for cash conversion and/or lump sum pay out are:
(a) Accrued sick leave conversion as regulated by this chapter and any collective bargaining contract or employee agreement;
(b) Accrued vacation days as regulated by this chapter and any collective bargaining contract or employment agreement;
(c) Accrued and unused holidays as regulated by this chapter and any collective bargaining contract or employment agreement;
(d) Accrued and unused personal leave days as regulated by this chapter and any collective bargaining contract or employment agreement; and
(e) Pro-rated longevity pay as regulated by this chapter and any collective bargaining contract or employment agreement;
The Finance Director shall make all calculations and decisions under this section. However, the same shall be appealable to the Employee Relations Committee of City Council, whose decision to affirm, modify or amend the Finance Director shall thereafter be deemed final.
(Ord. 88-69. Passed 11-21-88.)