Laserfiche WebLink
BOTH PERA COORDINATED MEMBERS AND PERA POLICE & FIRE <br />MEMBERS <br /> SICK LEAVE (ESST) CONVERSION: Employees shall, at the end of the calendar year, <br />or upon separation of employment, contribute all hours greater than 960 at a conversion rate <br />of 2 to 1. <br /> SICK LEAVE (ESST) SEVERANCE: Employees shall, upon separation of employment, <br />contribute 100% of unused eligible accrued sick leave. Eligible sick leave is a percentage of <br />the full balance, based on years of service, as follows: <br /> <br />Years of Regular Percentage of Unused Additional 10% With <br />Employment Served Accumulated Sick Leave 3-Month Notice of <br />(ESST) Payable Resignation <br />5 years 33% 43% <br />10 years 45% 55% <br />15 years and greater 50% 60% <br /> <br />Eligible sick leave severance is Earned Sick and Safe Time (ESST) and is defined as a lump-sum <br />payment upon termination of employment, contributed to the PEHCSP. <br /> <br />To qualify for eligible ESST severance pay, an employee must leave City employment in good <br />standing. <br />WHEREAS, there are no fees charged to the employer; all fees, administrative and <br />investment are paid by the participants. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) Motion to adopt resolution 25-056 to update the non-union post-employment healthcare <br />savings plan (PEHCSP), effective March 22, 2025. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />Olson, and upon vote being taken thereon, the following voted in favor thereof: <br /> <br /> Mayor Heineman <br /> Councilmember Stewart <br /> Councilmember Olson <br /> Councilmember Buscher <br /> Councilmember Peters <br /> Councilmember Riley <br /> Councilmember Specht <br /> <br /> <br /> <br />Resolution #25-056 <br />Page 2 of 3 <br /> <br />