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HomeMy Public PortalAbout2009_11_10_R132 - Early Retirement Optionl ~2t' tt~ t.'iy{ttj?t''2yF t7 4~'w~ l XfiJryx~ Fp4 J{{ f $.~"t t£ ~iY IZ~SC3LUTIC~Iti NCJ. 20(?9-12 1'RF,SEt~]TIJD I~o?ernher 10, 2QOt7' r113t}PTF~b November 1Q, 2t}09 A FtFSC7LlJTICIN: AZv~IFNI}INH "I'HI T~4Vl~ C}F I.PESBIJRG I:tVIPI,~YFI~ I'C}LI~Y MANIr~I., C;H~PTI?IZ 6 IIC}LIIat1YS, 4~jORK SGH1~;DUI,LS ,~~L~ rsltr~vr ~c~Ltcti~ss ~VI IERlrfa a; the 7'o~vn of Leesbrsrg Etst}~tpyee t'o]c}+ Manual €"Irapter 6 states; "that upota retirenientfi•oni tlra Ti~wn of Leesburg the "I'ou-n shall pay the enlplQyees foi~ 25 percent PF their tintssed sick leave aeci•ued during To~~=r} etrt~lo}'ntent'; arzd Vr%IITR1it1S, tE7e "I'oii~sr Cow7cil is c~ffecir~ a crttettiie incentive Icr pa}r e]it;ib(e retiihi eiirployees {as defined by Vt2Sj tvho submit their ~•etiretitient ap}~licatosx ncr later than Itlarch 1; 201.0 and agree to refire sto taiei~ tht}n Jity 1, 2(}It}; 75 pcrcessi oi'theii acciueti sick ]va7se at the tinieletirerneat. 1'HI~;RLsPC)Ri, ItI:S{}LVFI) Iky ttie C>cruneil crf the `Io~~-n of Lezsl7tii•g in Vis~iiii€s as fol la~ti~s: SEtuI'IOIv Fs Tile To~~n ('ouncl hereb}~ amends Section 6 of the Personae] P©licy 1?lanua] to reflect the following ehatge: Eligible etii}iloyecs ~v]io submit their retn'ernentappfieatiou otr or before J~areh 1,2(3:10 aiitl agree trt reth•c no later than duty 1, ~O 10 shall be paid for 7~ percent of theit• unused accrued sick leave at the tinn~of retirement. C)n July 2, 201C? ttrepoliey reverts to that upon retiserii~at fi•oa1 the `Fnwa of Leesburg sliisl] pay the en~ptauces fvi• 25 pereenP of their unused sink leave acciuett during "1'owvri employment, SFGTIOI~ Il. `I"his resolution sh~11 be in effect ttpan passtige• P.~SSED this LO°i day of ;~(cavenlber 2Q09. f~ ~~el f,`$ I :j^ j ~+ ~a n . t ., t ,~. ~ _. ... (']erk of Lotstrctl ,~ 77 ~ ~. t ~..., t' i.1 l°C ~~ ~~ ~~~'~ `I~n ts- t~~~ C. Ltmstattd, NIa}ter "I'ir~in of Leesbrirg Ptiltesuh~tmnslties~Iunens 2i}09\t I n~ V[25Rcif~emcireQ~timt 20£~~),.ioe