1959 ORDINANCES - Laserfiche WebLink

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WHOSE DEPARTMENT SUCH EMPLOYEES ARE EMPLOYED AND AGREED TO BY THE CITY MANAGER AND SUCH EMPLOYEES. IN THE CASE OF DEPARTMENT HEADS, THEIR SERVICE MAY BE CONTINUED BY THE CITY MANAGER WITH THE APPROVAL OF THE CITY COUNCIL. IN THE CASE OF COUNCIL APPOINTEES, THE COMMISSIONER OF REVENUE, THE CITY TREASURER, THE CITY SERGEANT, THE CLERK OF THE CORPORATION COURT, AND THEIR EMPLOYEES, CONTINUED SERVICE WILL HAVE TO BE APPROVED BY THE CITY COUNCIL. NO EMPLOYEE WILL BE REQUIRED TO SERVE BEYOND THE AGE OF 65 YEARS IF HE WISHES TO RETIRE, AND HE SHALL BE ELIGIBLE FOR ANY RETIREMENT PAY TO WHICH HIS LENGTH OF SERVICE (NOT LESS THAN 15 YEARS) AND RATE OF PAY ENTITLE HIM UNDER THE PROVISIONS HEREOF. (7) (A) WHEN AN EMPLOYEE EMPLOYED BEFORE THE EFFECTIVE DATE OF THIS DECLARATION REACHES THE AGE OF 65 YEARS AND DOES NOT HAVE AT LEAST 15 YEARS OF CONTINUOUS EMPLOYMENT WITH THE CITY, HIS EMPLOYMENT SHALL TERMINATE FORTHWITH UNLESS HIS CONTINUED SERVICE IS REQUESTED AS PROVIDED IN PARAGRAPH (6) OF THIS SECTION. IF SUCH EMPLOYEE'S SERVICE IS CONTINUED UNTIL HE DOES HAVE A LEAST 15 YEARS (OR MORE) OF CONTINUOUS SERVICE WITH THE CITY, HE SHALL THEN BECOME ELIGIBLE FOR RETIREMENT HEREUNDER, WITH HIS RETIREMENT PAY BEING BASED ON RATE OF ANNUAL SALARY AT AGE OF 65 AND LENGTH OF SERVICE BEING COMPUTED AT 15 YEARS. • (7) (B) WHEN AN EMPLOYEE EMPLOYED AFTER THE EFFECTIVE DATE OF THIS DECLARATION REACHES THE AGE OF 65 YEARS AND DOES NOT HAVE A LEAST 15 YEARS OF CONTINUOUS EMPLOYMENT WITH THE CITY, HIS EMPLOYMENT SHALL TERMINATE FORTHWITH EXCEPT AS PROVIDED IN PARAGRAPH (6) OF THIS SECTION. (8) IF AN EMPLOYEE CONTINUES HIS SERVICE WITH THE CITY AFTER REACHING THE AGE OF 65 YEARS SUCH CONTINUED SERVICE IS TEMPORARY AND MAY BE DISCONTINUED AT ANY TIME BY RECOMMENDATION OF THE DEPARTMENT SP1 CV HEAD AND THE CITY MANAGER, OR BY THE COUNCIL, AS THE CASE MAY BE. W (9) EXCEPT IN THOSE CASES COVERED IN PARAGRAPH (7) (A) OF THIS SECTION, THE RETIREMENT PAY OF ANY EMPLOYEE WHO CONTINUES HIS SERVICE WITH THE CITY AFTER REACHING THE AGE OF 65 YEARS SHALL BE BASED ON RATE OF COMPENSATION AND LENGTH OF SERVICE AT AGE OF 65, REGARDLESS OF ANY FURTHER SERVICE WITH THE CITY, BUT SUBJECT TO AND INCLUDING ANY INCREASE OR DECREASE THAT THE EMPLOYEE WOULD HAVE RECEIVED UNDER THE PROVISIONS OF PARAGRAPH (10) OF THIS SECTION HAD HE RETIRED AT AGE 65. (10) WHENEVER THE CITY INCREASES OR DECREASES THE PAY OF ITS ACTIVE EMPLOYEES, THE RETIREMENT PAY OF ALL RETIRED EMPLOYEES MAY BE INCREASED OR DECREASED BY THE COUNCIL IN APPROXIMATELY THE SAME RATIO AS THE ACTIVE EMPLOYEES WITHIN THE SAME COMPENSATION GROUP. (11) IF AN EMPLOYEE IS DISCHARGED AT ANY TIME, OR IF HE VOLUNTARILY LEAVES THE SERVICE OF THE CITY BEFORE HE BECOMES ELIGIBLE FOR RETIREMENT PAY HEREUNDER, HE FORFEITS ALL RIGHTS TO RETIREMENT PAY FOR HIS SERVICES BEFORE SUCH DISCHARGE OR VOLUNTARY SEPARATION FROM SERVICE. (12) RETIREMENT PAY ALREADY BEING PAID BY THE CITY TO RETIRED CITY EMPLOYEES WILL NOT BE AFFECTED BY THIS DECLARATION OF POLICY, EXCEPT THAT THE PROVISIONS OF PARAGRAPHS (10) AND (13) OF THIS SECTION SHALL APPLY THERETO. • (13) THE COUNCIL HAS THE RIGHT FROMrTIME TO TIME TO MAKE CHANGES IN THE POLICY EXPRESSED IN THIS DECLARATION, AND TO MAKE EXCEPTIONS IN INDIVIDUAL CASES WHERE THE STRICT APPLICATION OF THE POLICY HEREIN EXPRESSED WOULD, IN THE OPINION OF THE COUNCIL, CAUSE AN UNJUST HARDSHIP. SECTION C - RETIREMENT PAY RATES SUBJECT TO THE TERMS OF THE FOREGOING GENERAL STATEMENT OF POLICY AND THE RULES AND DEFINITIONS ABOVE GIVEN, THE CITY WILL PAY MONTHLY RETIREMENT PAY FOR LIFE TO ITS FULL-TIME EMPLOYEES RETIRING AT AGE 65 OR OVER, WITH NOT LESS THAN 15 YEARS OF CONTINUOUS SERVICE AT THE TIME OF SUCH RETIREMENT, AND TO SUCH OTHER FULL-TIME EMPLOYEES WITH NOT LESS THAN 15 YEARS OF CONTINUOUS SERVICE WHO ARE RETIRED WITH THE APPROVAL OF THE COUNCIL BECAUSE OF SOME PHYSICAL DISABILITY, WHICH RETIREMENT PAY SHALL BE COMPUTED FROM THE TABLE SET OUT BELOW, SUBJECT, HOWEVER, TO REDUCTION FOR PRIMARY SOCIAL SECURITY BENEFITS AS STATED IN SECTION A-1 OF THIS PLAN. TABLE FIXING RETIREMENT PERCENTAGES BASED ON SALARY AND YEARS OF SERVICE AND INCLUDING PRIMARY SOCIAL SECURITY BENEFITS • SALARY GROUP 15 YRS. THRU 19 YRS. 20 YEARS AND OVER UP TO $8000.00 40% PLUS 2% FOR EACH 50% PLUS 112 OF 1% PER YEAR FULL YEAR AFTER THE 15TH FOR EACH FULL YEAR UP TO AND INCLUDING IN EXCESS OF 20 YEARS 19 YEARS