Agenda Packets - 1997/09/15 - Laserfiche WebLink

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regular employee with the City of Mounds View. Sick Leave Severance Severance pay shall be granted in the amount of fifty percent (50%) of unused sick leave to employees who have completed ten years of service. Maximum accumulation of sick leave is 120 days. Additional banked sick leave hours will not be computed in severance pay. The spouse or family of an employee is eligible for severance benefits, if the following conditions are met: • Employee worked for the City for ten (10) years prior to the termination of employment; and; • The employee died while an employee of the City. Severance benefits will be paid at the employee's regular rate of pay on the last date as an employee. Death If termination of employment is caused by death of the employee, any wages earned but not paid and any unused vacation benefits will be paid to the estate of the deceased employee. All such payments are subject to ordinary state and federal payroll deductions. In some instances the guidelines listed above may not be practicable. The City Administrator reserves the right to make exceptions to the above policy in unusual circumstances. • POLICY: UNEMPLOYMENT COMPENSATION CLAIMS Approved by: Clerk Administrator Section: 5.35 Revision History: 1989 The policy on unemployment compensation claims is critical to the financial well-being of the City. This is due to the fact that the City does not contribute to the unemployment compensation pool through the payment of premiums, instead the City is charged directly for its share of any benefits paid. Therefore, any payment of claims is a direct cost to the affected department's budget. To avoid the payment of unemployment compensation to former employees who are ineligible, all notices of unemployment claims should be forwarded to the Finance Department.