163.60 LUMP SUM SEVERANCE.

   (a)   Upon retirement or permanent separation from active employment, an employee will be paid all benefits accrued through his/her last day worked as severance in a lump sum.

   (b)   No employee shall be kept on the payroll and paid his/her accrued benefits on a periodic basis beyond his/her last active date of employment.
(Ord. 07-169. Passed 6-20-07.)