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HomeMy WebLinkAboutResolution No. 5177 RESOLUTION NO. 5177 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY PROVIDING FOR THE CONVERSION OF SICK -LEAVE PAY -OFF FUNDS INTO SALARY WHEREAS, the City provides a pay -off payment to retiring employees equal to one -half of their sick -leave up to a maximum of 90 days, and WHEREAS, certain management employees lost their right to receive longevity pay, NOW, THEREFORE, BE IT RESOLVED THAT: SECTION 1. Those Management employees who lost their longevity while serving in the management service and retire in 1989 may convert part of their sick -leave pay -off to salary. SECTION 2. The maximum amount that can be converted is equal to 10% of the employee's current annual salary. SECTION 3. The employee shall pay the City for the employer's portion of PERS. SECTION 4. The City Clerk shall certify to the adoption of this Resolution and provide for appropriate distribution thereof. APPROVED AND ADOPTED this llth day of July 1989. . r7 �' an a 1 Barb, Mayor ATTEST: City( -rk I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Downey at a regular meeting hereof, held on the llth day of July, 1989, by the following vote, to wit: AYES: 5 COUNCIL MEMBERS: Hayden, Paul, Cormack, Boggs, Barb NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None C' klerk maf 4:sick -leave