CCP 03-24-2009 - Laserfiche WebLink

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City has minimized its risk exposure by approximately $12,328. This reduced financial exposure is immediate while the long-term reduction in exposure is much higher. The following is the sick leave language that is in the existing (2007-2008) contract; ARTICLE XXIII - SICK LEAVE 23.8 Maximum Accrual. Sick leave may be accumulated to a maximum of nine hundred sixty (960) hours. Employees who have accumulated the maximum sick leave shall be permitted to accrue additional banked sick leave at the rate of eight (8) hours per month. Banked sick leave may be used only after regular sick leave has been exhausted and only for personal illness or disability. Banked sick leave shall not be used in computing terminal sick leave benefits. ARTICLE XXIV — SEVERANCE 24.1 When an employee covered by this AGREEMENT ten -nitrates their employment in good standing with a minimum of twenty (20) years of service with the City, such Employee will be eligible to choose between receiving (50%) of accrued sick leave (up to 480 hours) in the form of a City contribution into the Employee's post-retirement health savings plan, subject to the provisions of such plan, or 40% of the accrued sick leave (up to 384) hours in the form of cash out. If an employee leaves the organization in good standing with ten (10) years of service with the City, the employee is only eligible for 40% of accrued sick leave (up to 384) hours to be provided in the form of cash out. In order to alleviate this problem, the City and the Teamsters Local No. 320 have agreed to eliminate the provision that allows members of the Local No. 320 to create a secondary sick leave bank. The following language is being proposed in the 2009 contract. ARTICLE XXIII - SICK LEAVE 23.9 Maximum Accrual. Sick leave may be accumulated to a maximum of nine hundred sixty (960) hours ARTICLE XXIV •-- SEVERANCE 24.1 Effective January 1, 2009, if an employee leaves the organization in good standing with twenty (20) or more years of service with the City and has accrued sick leave hours in his/her account, the EMPLOYEE is eligible to receive the following contributions by the EMPLOYER into a post-retirement health savings account plan, subject to the provisions of such plan. • 70% (960 hours to 921 hours); • 65% (920 hours to 881 hours); + 60% (880 hours to 801 hours); • 55% (800 hours to 761 hours); * 50% (760 hours to 0 hours). 0 Effective January 1, 2009 if an employee leaves the organization in good standing with ten (10) L\COUNCIL\REPORTS\2009\Admin\Local 320 Maintenance Workers Contract.doc