Agenda - Council Work Session - 04/23/2024

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For the purposes of computing overtime compensation and compensatory time,overtime hours worked shall not be pyramided,compounded,or paid twice for the same hours worked. 5.8 Severance Pay Severance pay,based on eligible unused sick leave,is available to employees who have at least five(5)years of continuous service with the City and resign"in good standing—.If,the employ terminated because of malfeasance in office,gross misconduct,conviction of a felon conviction for an illegal act involving_personal gain to the employee,then employer shall have no obligation to pay the aforementioned severance pay.-Empleyties� � o,a ra n Eligible sick leave includes combined total of both traditional sick leave and earned sick and safe time,payable at the percentages shown below... Qualifying employees who resign"in good standing"shall receive a lump sum payment upon termination of employment with the city of Ramsey based on thirty-three 33percent of commented[cis]:This section to be discussed with the city employee's unused,accumulated sick leave after five(5)years of continuous employment. After Cuneil. fifteen(15)years of continuous employment,the employee will instead receive thirty-five(35) percent of said employee's unused,accumulated sick leave. After twenty(20)years of continuous employment,the employee will instead receive thirty-seven(37)percent of unused accumulated sick leave.After twenty-five(25)years of continuous employment,the employee will instead receive forty(40)percent of said employee's unused,accumulated sick leave.Eligible severance pay will be applied per the applicable PEHCSP agreement as provided in Policy 4.8. Receipt of severance pay terminates all seniority rights and ends all city of Ramsey liability with regard to other benefits,except as otherwise provided by law and any applicable collective bargaining agreement. 321Page