Agenda Packets - 2014/11/10 - Laserfiche WebLink

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Item 08A November 10, 2014, City Council Meeting Page 2 Since Ms. Meyer has been with the City since September 20, 1982, she qualifies for the increase base cap to 1,400 hours. This is calculated as 20 hours times 22 years (base cap plus 20 hours per year for each year employed beyond ten years). Ms. Meyer also qualifies for the enhanced sick leave payout, and has been contributing to her RHSP since 2008. Resolution 8321 provides a payout of Ms. Meyer’s accrued/unused sick time. From 2008 to present, Ms. Meyer has contributed 725.52 sick hours to her RHSP. Currently, Ms. Meyer has 607.05 sick hours of accrued/unused sick hours. In accordance with Section 3.45 of Mounds View Personnel Manual, Ms. Meyer is authorized a sick time payout totaling $10,519.57 to her Retirement Health Savings Plan. This is calculated as 607.05 accrued/unused sick hours times 65% times her hourly rate of $26.66. Resolution 8321 provides a payout on Ms. Meyer’s vacation time. In accordance with Section 3.47 of the Mounds View Personnel Manual, Ms. Meyer is authorized a vacation time payout totaling $10,516.30 to her Retirement Health Savings Plan. This calculated as 394.46 accrued/unused vacation hours times her hourly rate of $26.66. Resolution 8321 provides a cash payout on Ms. Meyer’s compensatory time. In accordance with the Personnel Manual, Ms. Meyer is authorized a compensatory time payout of $239.94. This is calculated as 9 hours of compensatory time times her hourly rate of $26.66. Recommendation Staff recommends approving Resolution 8321 in accordance with Sections 3.45 and 3.47 of the Mounds View Personnel Manual. Respectfully submitted, _______________________ Desaree Crane