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HomeMy WebLinkAbout2016-14Ordinance 2016-14 Ordinance Amending the Town's Personnel Policy Regarding Sick Leave Payout for Employees Retiring Under the Virginia Retirement System WHEREAS, the Town Council of the Town of Pulaski, Virginia authorized the Administration to review potential incentives to assist those employees considering retirement; and WHEREAS, following study of several alternatives and approaches by the Administration and discussions with the Town Council, an incentive program to utilize payout of sick time for employees retiring under the Virginia Retirement System was proposed, whereby employees would be paid for their sick time up to a set limit as determined by the incentive guidelines; and, WHEREAS, adoption of said policy requires the amending of the Town of Pulaski Personnel Manual by formal action of the Town Council; NOW, THEREFORE be it ORDAINED by the Town Council of the Town of Pulaski, Virginia sitting in regular session this 4th day of October 2016 that the Town of Pulaski Personnel Manual shall be amended as set forth in Attachment A -Ordinance 2016 -13 - Amendments to the Town Personnel Manual, attached hereto and expressly made a part hereof as if set forth herein; This ordinance is effective upon adoption and is hereby adopted this 4th day of October 2016 by the duly recorded vote of the Town Council of the Town of Pulaski, Virginia as follows. James A. Radcliffe -Aye Gregory C. East - Aye David L. Clark - Aye ATTEST: Patricia Cruise, Clerk of Council Joseph K. Goodman - Aye H.M. Kidd - Aye Lane R. Penn - Aye THE TOWN OF PULASKI, VIPZ-- FIM 21 Attachment A -Ordinance 2016-14 Amendments to the Town Personnel Manual 1. Section 3 "Employment Process; Subsection O "Separation Pay", Page 3-13. Benefits: The employee will receive compensation for any unused benefits (vacation and compensatory time") as stipulated by this Manual. Depending on the date of separation, Town health benefits may continue through the end of the month. ck leave benefits is referenced under Section ". "Sick Leave Accrual Incentive Proaram"F_ 2. Section 6 "Leave", Subsection C "Sick Leave", Page 6-4 Sick Leave Accrual Incentive Program: Upon leaving employment with the town, employees may receive payment for accrued sick leave according to the following schedule or they may choose to apply payment for further insurance coverage as set forth below: (1) Payment of a set amount per 8 -hour day of accrual, dependent on years of service according to the following schedule with payout for accrued sick leave not to exceed a maximum of $5,000; or, Years of Service J Rate of Payment 0 to 5 years of service No payout of accrued sick leave. 6 toll years of service $15 per day accrued 11 to 15 years of service $20 per day accrued 16+ years of service $25 per day accrued (2) Employees may exercise the option, in lieu of directly receiving the incentive payment, of applying the incentive funds towards COBRA Health Insurance payments for up to 18 months. Employees who leave employment with the Town by electing to enter into th( yinia Retirement System, the payment of accrued sick leave shall be done by culating the actual value of the accrued sick leave balance utilizing the emplo rent hourly wage. The employee shall receive a payment equal to that actual to a maximum of $90,000. This incentive will only be provided to employees .i