161.14 SERVICE CREDIT PAY.

   (a)   All full-time employees of the City will be eligible for service credit pay after completion of five years total full-time service with the City as provided for by the current collectively bargained contract for their individual bargaining unit. If the employee is not a member of a bargaining unit, then service credit pay will be administered in the following manner.

   Employees, excluding elected officials, who have completed five years of continuous full- time service shall receive an annual payment of seven hundred dollars ($700.00). An employee who terminates employment with the City and is reemployed by the City cannot count previous years of City employment towards service credit. Employees shall thereafter, receive fifty dollars ($50.00) for each additional year of service up to a maximum of twenty-five years of service. The maximum amount of service credit pay for any one employee shall be one thousand seven hundred dollars ($1,700.00) per year. (Ord. 49-10. Passed 8-17-10.)

   (b)   All completed years of full-time service with the City, exclusive of continuous service provisions, shall be utilized in computing service credit years of service eligibility. This provision of service time is explicitly restricted to vacation and service credit benefits computation only.

   (c)   Service credit pay benefits shall be computed based on the 31st day of December every year. Benefits will be paid the fifth day of December unless the fifth day of December falls on a weekend; then it will be paid the first working day following the fifth day of December.

   (d)   Upon retirement, either voluntary or by disability, or upon death, of any employee, service credit pay benefits shall be paid on a pro-rated share based upon the number of months worked during that final year of employment.

   (e)   Service credit time shall not accrue when absence is due to time off duty by reason of suspension, leave of absence without pay, unexcused absence or having been laid off for lack of work or lack of funds.

(Ord. 2-96. Passed 2-6-96.)