Agenda Packets - 2018/09/10 - Laserfiche WebLink

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• Employees will bmasked tmprovide medical documentation supporting the FK8LAqualified illness. • The Donated Vacation Bank will be tracked bvthe Finance Department (PoynoU). • Employees who receive donated vacation time may receive no more than 80 hours (two (2) weeks) within a rolling 12 -month period. w The Vacation Donation Policy does not |irn|t or extend the time available under the Family Medical Leave Act (FyNLA). • The City Administrator will have the discretion to review requests if the employee is deemed unable to return bowork or returns b»work on m part-time basis. • Under esimilar program, the IRS has ruled that these payments are tobmconsidered wages and therefore taxable income to the recipient. As a reou|t, the payments will be included in the recipients annual VV -2 Form. State and Federal income tax. FICA/Medicare tax, and Supplemental Retirement contributions, depending on the a||Q|bii|tv of the recipient, will be withheld bythe City atthe time ofpayment. The IRS has also ruled that the employee donating the vacation time realized no income for those hours and incurs no tax-deductible expense or loss, either upon surrender mfleave orpayment tothe Vacation Donation Bank. • The City specifically retains the right to administer the policy in any manner it deems to be in the beat interest of the City' including the right to ornand, to a|bar' to further ||nn|t, or to eliminate the policy without notice.