Agenda - Council - 12/10/2024 - Laserfiche WebLink

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half times the hours worked in excess of the forty (40)_ hour work week. —_Accrued compensatory time off shall not exceed 120 hours at any time.— Once an employee has accrued 120 hours of compensatory time off, compensation for additional hours worked must be paid in cash, rather than accrued as compensatory time off. The CityCity reserves the right to payout any compensatory time off hours in excess of 80 hours, as it deems necessary. The CityCity allows employees to cash out up to a maximum 40 hours of compensatory time off annually; to be paid out up to twice annually: -January 1 through January 15, and November 1 through November 15 of each year, te-totaling a maximum payout of 40 hours of compensatory time off. Note: upon terminating employment with the CityCity, all compensatory time off will be paid out at 100% of the accrued balance. For the purposes of calculating overtime, an employee using paid holidays, vacation leave, sick leave, or compensatory time off is considered to be working. Accrued compensatory time off may be used with prior approval from the employee's Department Head or the Department Head's designee.— Upon an employee's separation from the CityCity, there will be a pay out of accrued and unused compensatory time off will be paid out at the then_ current hourly rate of pay. 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 Earned Sick and Safe Time (ESST) sick leave, js available to employees who have at least five (5) years of continuous regular service with the CityCity and resign "in good standing". If ,the employee is terminated because of malfeasance in office, gross misconduct, conviction of a felony, or conviction for an illegal act involving personal gain to the employee, thei employer shall have no obligation to pay the aforementioned severance pay. Employees who arc discharged arc not "in good standing" and may not receive severance pay pursuant to this policy Eligible ESST includes combined total of both traditional sick leave and earned sick and safe time, based on the percentages shown below: - Years of Regular Percentage of Unused Additional 10% With 3- Employment Accumulated Sick Leave Month Notice of Payable Resignation 5 years 33% 43% 10 years 45% 55% 15 years 50% 60% Eligible severance pay will applied per the applicable PEHCSP agreement, as provided in Policy 1 8. 23 1Page