HomeMy WebLinkAboutResolution No. 5701 RESOLUTION NO. 5701
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF DOWNEY IMPLEMENTING AN EARLY
RETIREMENT PROGRAM FOR ALL FULL -TIME EMPLOYEES.
WHEREAS, the City wishes to realize salary savings during these difficult
economic times; and
WHEREAS, the City has developed an incentive program designed to
encourage employees to retire to realize salary savings; and
WHEREAS, the City Council authorized staff to meet and confer with
employee associations regarding such a program and staff has reached
agreement; and
WHEREAS, the City and the Associations wish to memorialize this
agreement.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS
FOLLOWS:
SECTION 1. Sideletter agreement with the Downey Police Officers'
Association, attached as Exhibit 1, is hereby adopted.
SECTION 2. Sideletter agreement with the Downey Firemen's Association,
attached as Exhibit 2, is hereby adopted.
SECTION 3. Sideletter agreement with the Downey City Employees'
Association /Miscellaneous Unit, attached as Exhibit 3, is hereby adopted.
SECTION 4. Sideletter agreement with the Downey City Employees'
Association /Maintenance Unit, attached as Exhibit 4, is hereby adopted.
SECTION 5. Sideletter agreement with the Downey Public Safety Auxiliary
Association, attached as Exhibit 5, is hereby adopted.
SECTION 6. Amend Resolution No. 5515 to include early retirement benefit
to Executive and Middle Management and Confidential /Exempt employees er
attached Exhibit 6. per
7. The City Clerk shall certify to the adoption of this
resolution and provide for the distribution thereof.
APPROVED AND ADOPTED this 13th day o July �, 1993.
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C'ty Clerk
I HEREBY CERTIFY that the foregoing resolution was duly adopted by the
City Council of the City of Downey at a regular meeting thereof held on
the 13th day of July , 1993, by the following vote, to wit:
AYES: 5 Council Members: McCaughan, Riley, Boggs, Lawrence, Brazelton
NOES: Q Council Members: None
ABSENT: 0 Council Members: None
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ity Clerk
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Exhibit 1
SIDELEITER AGREEMENT
DOWNEY POLICE OFFICERS' ASSOCIATION
(Addition to Article XI, Section 3, of the Memorandum of Understanding.)
D. The City, in an effort to realize salary savings, offers this "golden
handshake program" as part of the Retiree Medical Annuity. An employee who
notifies the City of his/her intention to retire before August 1, 1993, and
whose effective retirement date is between September 1 and .004484m 30, 1993,
and who is eligible and participates in the Retiree Medical Annuity program,
may be eligible to receive an additional premium annuity based on the
following:
1. The number of employees who may participate in this program may not
exceed four (4) . If the number of requests exceed this number, eligibility
will be determined by the most years of service with the City of Downey, and
the City will notify the employees who are eligible.
2. The City shall pay to the eligible employees an additional monthly
medical premium annuity based on years of service.
Years of Service 10 -11 12 -13 14 -15 16 -17 18 -19 20+
Monthly Med. Premium $150 $160 $170 $180 $190 $200
Payment may only be applied to the City of Downey medical plans and the
total paid between the retiree medical annuity and the "golden handshake"
program may not exceed the actual premium.
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Exhibit 2
SIDELETTER AGREEMENT
D MNEY FIRST'S ASSOCIATION
(Addition to Article XI, Section 3, of the Memorandum of Understanding.)
D. The City, in an effort to realize salary savings, offers this "golden
handshake program" as g
P 9 part of the Retiree Medical Annuity. An employee who
notifies the City of his/her intention to retire before Augus , 1993 and
whose effective retirement date is between September 1 and 30, 1993,
and who is eligible and participates in the Retiree Medical Annuity program,
may be eligible to receive an additional premium e gram,
annuity based on the
following:
1. The number of employees who may participate in this m ram ro
exceed three (3) . If the number of requests P g may not
q s exceed this number, eligibility
will be determined by the most years of service with the City o
the City will notif the em 1 Y of Downey, and
Y p oyees who are eligible.
2. The City shall pay to the eligible employees an additional
medical premium annuity based on monthly
Y n years of service.
Years of Service 10 -11 12 -13 14 -15 16 -17 18-
19 20+
Monthly Med. Premium $150 $160 $170 $180
$190 $200
Payment may only be applied Y Y pplied to the City of Downey medical plans and the
I total paid between the retiree medical annuity and the "golden g handshake "
program may not exceed the actual premium.
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Exhibit 3
SIDELETTER. AGREEMENT
DOWNEY CITY EMPLOYEES' ASSOCIATION/MI OUS UNIT
(Addition to Article X I I , Section 3 of the Memorandum of Understanding.)
F. The City, in an effort to realize salary savings, offers this "golden
handshake program" as part of the Retiree Medical Annuity. An employee who
notifies the City of his/her intention to retire before August , 1993, and
whose effective retirement date is between September 1 and 30, 1993,
and who is eligible and participates in the Retiree Medical Annuity program,
may be eligible to receive an additional premium annuity based on the
following:
1. The number of employees who may participate in this program may not
exceed two (2) . If the number of requests exceed this number, eligibility
will be determined by the most years of service with the City of Downey, and
the City will notify the employees who are eligible.
2. The City shall pay to the eligible employees an additional monthly
medical premium annuity based on years of service.
Years of Service 10 -11 12 -13 14 -15 16 -17 18 -19 20+
Monthly Med. Premium $150 $160 $170 $180 $190 $200
Payment may only be applied to the City of Downey medical lan s and the
he
total paid between the retiree medical annuity and the "golden handshake"
program may not exceed the actual premium.
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Exhibit 6
SIDELETrER AGREEMENT
MANAGEMENT AND CONFIDENTIAL /EXEMPT EMPLOYEES
(Amendment to Resolution No. 5515, Section 6(C) of the Management and
Confidential/Exempt Benefits Plan.)
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4. The City, in an effort to realize salary savings, offers this "golden
handshake program" as part of the Retiree Medical•Annuity. An employee who
notifies the City of his/her intention to retire before August 1, 1993, and
whose effective retirement date is between September 1 and C=6er 30, 1993,
and who is eligible and participates in the Retiree Medical Annuity program,
may be eligible to receive an additional premium annuity based on the
following:
a. The number of employees who may participate in this program may not
exceed two (2) . If the number of requests exceed this number, eligibility
will be determined by the most years of service with the City of Downey, and
the City will notify the employees who are eligible.
b. The City shall pay to the eligible employees an additional monthly
medical premium annuity based on years of service.
Years of Service 10 -11 12 -13 14 -15 16 -17 18 -19 20+
Monthly Med. Premium $150 $160 $170 $180 $190 $200
Payment may only be applied to the City of Downey medical plans and the
total paid between the retiree medical annuity and the "golden handshake"
program may not exceed the actual premium.
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Exhibit 5
SIDELETTER AGREEMENT
DOWNEY PUBLIC SAFETY AUXILIARY ASSOCIATION
(Addition to Article XII, Section 3, of the Memorandum of Understanding.)
D. The City, in an effort to realize salary savings, offers this "golden
handshake program" as part of the Retiree Medical Annuity. An employee who
notifies the City of his/her intention to retire before August 1, 1993, and
whose effective retirement date is between September 1 and 0190 30, 1993,
and who is eligible and participates in the Retiree Medical Annuity program,
may be eligible to receive an additional premium annuity based on the
following:
1. The number of employees who may participate in this program may not
exceed two (2) . If the number of requests exceed this number, eligibility
will be determined by the most years of service with the City of Downey, and
the City will notify the employees who are eligible.
2. The City shall pay to the eligible employees an additional monthly
medical premium annuity based on years of service.
Years of Service 10 -11 12 -13 14 -15 16 -17 18 -19 20+
Monthly Med. Premium $150 $160 $170 $180 $190 $200
Payment may only be applied to the City of Downey medical plans and the
total paid between the retiree medical annuity and the "golden handshake"
program may not exceed the actual premium.
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Exhibit 4 •
SIDELETTER AGREEMENT
DOWNEY CITY EMPLOYEE'S ASSOCIATION/MAI UNIT
(Addition to Article XII, Section 3, of the Memorandum of Understanding.)
)
D. The City, in an effort to realize salary savings, offers this "golden
handshake program" as g
P g " part of the Retiree Medical Annuity. An employee who
notifies the City of his/her intention to retire before Augus 1 1993 and
whose effective retirement date is between September 1 and 30, 1993,
and who is eligible and participates in the Retiree Medical Annuity program,
Y P 9 ,
may be eligible to receive an additional premium annuity based on
Y the
following:
1. The number of employees who may participate in this program may not
exceed two (2) . If the number of requests exceed this Y
4 s number, eligibility
will be determined by the most years of service with the City of Downey, and
y, d
the City will notify the employees who are eligible.
2. The City shall pay to the eligible employees an additional monthly on Y
medical premium annuity years of service.
Years of Service 10 -11 12 -13 14 -15 16 -17 18 -19 20+
Monthly Med. Premium $150 $160 $170 $180 $190
$200
Payment may only be applied to the City of Downey medical lans and the paid between the retiree medical annuity e
ty and the "golden handshake"
program may not exceed the actual premium.
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