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TO: <br /> <br />FROM: <br /> <br />SEPTEMBER 24, <br /> <br /> CITY OF RAMSEY <br /> <br /> MEMORANDUM <br /> <br />City Cour, cil <br /> <br /> Nc, el J. Gpaczyk, Finar~ce Officer <br /> <br />SeDter~ber 17, 19B5 City Cc, urJcil ~eetir~g renuest to <br />review terr~ir~atior~ pay~nent r~etho~s <br /> <br /> 1985 <br /> <br />Please find er~closed the table tnat outlir~es the cost difference ' <br />betweer~ a lu~p-su~ terr~inatic, r~ check arid exter~dir~g t~e ter~inatiorJ date <br />by usir~g vacatinr~ t i~e and ccm~p t i~e. <br /> <br />By Metbc, d A, Lur,~p-sur~ payr~er~t, the City must pay PERA c, niy c,r, the cor~p <br />tirade. Sick ~ir~e is paid at 33% arid cc, r~p tirade a'~ ?5%. <br /> <br />By Method B, usir~g vacatior~ arid comp ti~le, the e~oloyee is ~elayir~g the <br />actual date of ter~ir~atic, n. T~e City ~ust pay PERA on all ti~e u.sed, <br />but not on the lu~p su~ fc,~~ sick leave at 33%, arid 25.85 hours of <br />vact i <br /> <br />The cost differer~ce to the City for the outlined exper, diture areas is <br />$2, 082. ':"~ <br /> <br /> <br />